The first attempt to penetrate by way of the river Plate and its affluents inland, with a view to effecting settlements in the interior, was made in 1526 by Sebastian Cabot.
Arrived in the river Plate in 1527, rumours reached Cabot of mineral wealth and a rich and civilized empire in the far interior, and he resolved to abandon surveying for exploration.
Forty years were now to elapse before any further efforts were made by the Spaniards to colonize any part of the territory of the river Plate and lower Parana.
To prevent internal trade with Peru a custom-house was set up at Cordoba to levy a duty of 50% on everything in transit to and from the river Plate.
Pedro de Zeballos, the first viceroy, took with him from Spain a large military force with which he finally expelled the Portuguese from the banks of the river Plate.