Home › Timeline › The Releases, and the Enclosure That Follows Each › Inter caetera; Pacioli; the Requerimiento
Inter caetera partitions the New World by papal bull. Pacioli prints double-entry bookkeeping. Spain adopts the Requerimiento — a legal text read aloud in Spanish to people who did not understand it, to make conquest lawful.
In plain words
A papal bull divides the New World; Pacioli prints double-entry bookkeeping; Spain reads the Requerimiento aloud, in a language the people it addresses do not speak, to make conquest lawful: the altar issues property title, and the ledger gets its instrument.
The mechanism
THE ALTAR ISSUING PROPERTY TITLE, and THE LEDGER GETTING ITS INSTRUMENT — Pacioli's book is the accounting the entire credit era runs on
How it was checked
- EvidenceT7 PRIMARY DOCUMENT / MEASUREMENT; Status: COMMITTED
- Letter eraTHE RELEASES, AND THE ENCLOSURE THAT FOLLOWS EACH 1382 to 1694
- Plate — Inter caetera, papal bull of Alexander VI, 4 May 1493 · Public domain · source: https://commons.wikimedia.org/wiki/File:Inter_caetera_1493-05-04.jpg
- SourcesPRIMARY DOCUMENT — the bull, the Summa, the Requerimiento text
The whole timelineThe Releases, and the Enclosure That Follows EachThe historical recordAll eras