History of the Philippines (1521–1898) Castilla". Legazpi became the country's first governor-general. With time, Cebu's importance fell as power shifted north to Luzon. The archipelago was Spain's outpost in the orient and Manila became the capital of the entire Spanish East Indies. The colony was administered through the Viceroyalty of New Spain (now Mexico) until 1821 when Mexico achieved independence from Spain. After 1821, the colony was governed directly from Spain. During most of the colonial period, the Philippine economy depended on the Galleon Trade which was inaugurated in 1565 between Manila and Acapulco, Mexico. Trade between Spain and the Philippines was via the Pacific
First Mexican Empire First Mexican Empire The Mexican Empire (, ) was a short lived monarchy, and the first independent post-colonial imperial state in Mexico. It was the only former colony of the Spanish Empire to establish a monarchy after independence. Together with the Brazilian Empire, it was one of two European-style empires in the Americas. The Mexican Empire lasted two years. It existed from the signing of the Treaty of Córdoba and the declaration of Independence of the Mexican Empire in September 1821 until the emperor's abdication in March 1823 when the Provisional Government took power and the First Mexican Republic was