Initially, Christopher Columbus's plan was to complete a voyageacross the Atlantic from Spain to Asia. His reasoning was that,contrary to the beliefs of the day, the Earth was… round, andsailors could not possibly "fall off the face of the planet sailingtoo close to the edge." After his proprosal of the voyage was rejected by King John II ofPortugal, Columbus turned to Queen Isabella and King Ferdinand ofSpain. Columbus initially presented his idea to the Spanishmonarchs, who were left with many questions. They did not accepthis first proposal, but they also did not reject it. In the end, however, both Isabella and Ferdinand had a strongdesire to catch up to their Portuguese neighbors in terms of globalwealth and power. They figured that Columbus's voyage could do justthat, expecting huge monetary returns from the New World gold andsilver sources. Tempted by Columbus's promise of gold andimperialistic power, Queen Isabella soon agreed to financiallysponsor his voyage. However, Columbus did not leave without first laying out terms ofhis own. Attempting to gain financial security for himself and hisfuture heirs, Columbus demanded the following terms from theSpanish crown: .
10% of all wealth Spain obtained from the lands he visitedwould be given to Columbus. .
He also asked that the above term also be applied to any andall future visits Spain made to the New World, regardless of theexplorer. .
The title Virrey (Viceroy) of the lands Columbusdiscovered. He also demanded the title Almirante de losMares (Admiral of the Ocean Seas) be granted. Isabella and Ferdinand agreed to the terms and had Columbus signthe contract in April 1492. (MORE)