The fleets and trade controls Crossing caravels and galleons across the Atlantic was extremely dangerous because, in addition to the storms that were wrecked them, they were often attacked by pirates and privateers that lurked at all times to steal your wealth and break, in some ways, the Spanish mercantilist monopoly. Print the Florentine Codex. The arrival of commercial fleets to the ports of New Spain had a strong impact on the economy and daily life of villagers. In 1523, Emperor Charles V in open competition with the kingdom of Portugal ordered the search for a narrow channel to make navigation to the Moluccas and get to establish trade routes for spices without having to navigate the Merranean, the conquistador Hernan Cortes sent to Hibueras Olid, but due to the struggles with Diego Velazquez de Cuellar, the episode ended in the rebellion and death of Olid.