Gold is in abundance; iron, steel, copper, lead, pitch and tar, hemp, cotton, indigo, sugar, cocoa, pepper, betel, cowries, tortoiseshell, mother of pearl and pearls, hides, coyar, tobacco, corn and rice excellent and abundant, with a variety of other productions, contribute to the wants of commerce; while in this enumeration will be found all the articles which, with the aid of the finest building timber in the world, are requisite for the construction and complete equipment of ships of every description. The established intercourse of these islands with Japan and China offers a ready transit for manufactures; and although it is understood that the East India Company furnishes an adequate supply of our woollen staple to the China market, we may yet fairly expect that British enterprize will not overlook the advantages which the opening of the India trade holds out in this quarter; nor will the introduction of British manufactures into these islands, either with an ultimate view to the above markets, or to those of Spanish America, in any material degree interfere with the staple trade of the Company: there is full scope for adventure in this new vineyard, and labourers will not be wanting. The political jealousy, and the national and religious prejudices of the Spaniards, have till lately opposed a bar to an extended intercourse with the Philippines; but the tide which hitherto has flowed in that direction seems of late to have commenced its ebb. The events of the last twenty years have been in their nature so extraordinary, and in their effects so powerful a solvent of all the prejudices, fostered by ignorance and superstition, that the dawn of a new day seems to open upon mankind. Let us hope that while these clouds vanish before the morning sun, the great bonds of society will remain unbroken, and that the liberties of Europe, and consequently those of the world, will be fixed on a permanent foundation. The well-wisher to the temporal and eternal felicity of the human race will hail, with becoming exultation, the opportunity which it is hoped will now be offered of spreading the Christian faith, and amicably and peaceably lending the reformed religion in aid of the Catholic missions, to civilize the population of this extensive portion of the eastern hemisphere.