A voyage round the world in the years MDCCXL, I, II, III, IVAnson, George Anson, Baron
History
A voyage round the world in the years MDCCXL, I, II, III, IV
Anson, George Anson, Baron
Voyages around the world -- Early works to 1800
As it is sufficiently obvious that the greatest share of the treasure
returned from Acapulco to Manila does not remain in that place, but is
again dispersed into different parts of India; and as all European
nations have generally esteemed it good policy to keep their American
settlements in an immediate dependence on the mother country, without
permitting them to carry on directly any gainful traffick with other
powers; these considerations have occasioned many remonstrances to be
presented to the court of Spain against this Indian trade allowed to
the kingdom of Mexico. It has been urged that the silk manufactures of
Valencia and other parts of Spain are hereby greatly prejudiced, and
the linens carried from Cadiz much injured in their sale: since the
Chinese silks coming almost directly to Acapulco, can be afforded
considerably cheaper there than any European manufactures of equal
goodness, and the cotton from the Coromandel coast makes the European
linens nearly useless. So that the Manila trade renders both Mexico
and Peru less dependant upon Spain for a supply of their necessities
than they ought to be, and exhausts those countries of a considerable
quantity of silver, the greatest part of which, were this trade
prohibited, would center in Spain, either in payment for Spanish
commodities, or in gains to the Spanish merchant: whereas now the only
advantage which arises from it is the enriching the Jesuits, and a few
particular persons besides, at the other extremity of the world. These
arguments did so far influence Don Joseph Patinho, who was formerly
prime minister, and an enemy to the Jesuits, that about the year 1725
he had resolved to abolish this trade, and to have permitted no Indian
commodities to be introduced into any of the Spanish ports in the West
Indies, except such as were brought thither by the register ships from
Europe. But the powerful untrigues of the Jesuits prevented this
regulation from taking place.
Public-domain text, read in full here on John Shaqi.
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