Drake seized a twentieth of Spain’s annual transatlantic trade value

Evidence

Enormous as Drake’s booty had been, it was only a minor loss in the totality of Spain’s transatlantic trade, equal to only a twentieth of the annual value of the exports from Spain to the West Indies. — John Sugden, Sir Francis Drake, 336

Categorization

• corroborated: 2 independent passages support this claim — John Sugden, Sir Francis Drake, 336
• XREF: connects to: San Juan d Ulua disaster transformed Drake into an implacable enemy of Spain — John Sugden, Sir Francis Drake, 169; Queen Elizabeth knighted Drake using the French ambassador to defy Spain. — John Sugden, Sir Francis Drake, 631

Broader Connections

• Queen Elizabeth knighted Drake using the French ambassador to defy Spain. #expands (0.80) — John Sugden, Sir Francis Drake, 631
• San Juan d Ulua disaster transformed Drake into an implacable enemy of Spain #expands (0.70) — John Sugden, Sir Francis Drake, 169