Spain renews Río de la Plata ambitions
Labels: Sancti Spiritu, Sebasti nIn 1527, Sebastián Caboto established Fort Sancti Spiritu on the Paraná River, the first European settlement in what is now Argentina. Its destruction in 1529 showed how hard it would be to hold the river corridor without stable supplies and alliances. The episode also kept Spanish interest focused on the region’s waterways and rumors of inland wealth.