The Former Philippines Thru Foreign EyesComyn, Tomás de
History
The Former Philippines Thru Foreign Eyes
Comyn, Tomás de
Philippines
[Manila oppositions to trade innovations.] The Manila merchants,
accustomed to a lucrative trade with Acapulco, strenuously resisted
this innovation, although it was a considerable source of profit to
them, for the Crown purchased the Indian and Chinese merchandise for
its return freights from Manila at double their original value. In
1784, however, the last of these ships arrived.
[Subterfuges of European traders.] After the English invasion,
European vessels were strictly forbidden to visit Manila; but as
that city did not want to do without Indian merchandise, and could
not import it in its own ships, it was brought there in English and
French bottoms, which assumed a Turkish name, and were provided with
an Indian sham-captain.
[The "Philippine Company" monopoly.] In 1785, the Compañía de Filipinas
obtained a monopoly of the trade between Spain and the colony, but it
was not allowed to interfere with the direct traffic between Acapulco
and Manila. The desire was to acquire large quantities of colonial
produce, silk, indigo, cinnamon, cotton, pepper, etc., in order to
export it somewhat as was done later on by the system of culture in
Java; but as it was unable to obtain compulsory labor, it entirely
failed in its attempted artificial development of agriculture.
[Losses by bad management.] The Compañía suffered great losses through
its erroneous system of operation, and the incapacity of its officials
(it paid, for example, $13.50 for a picul of pepper which cost from
three to four dollars in Sumatra).
[Entrance of foriegn ships and firms.] In 1789 foreign ships were
allowed to import Chinese and Indian produce, but none from Europe. In
1809 an English commercial house obtained permission to establish
itself in Manila. [24] In 1814, after the conclusion of the peace
with France, the same permission, with greater or less restrictions,
was granted to all foreigners.
[Trade free but port charges discriminating.] In 1820 the direct
trade between the Philippines and Spain was thrown open without any
limitations to the exports of colonial produce, on the condition
that the value of the Indian and Chinese goods in each expedition
should not exceed $50,000. Ever since 1834, when the privileges
of the Compañía expired, free trade has been permitted in Manila;
foreign ships, however, being charged double dues. Four new ports
have been thrown open to general trade since 1855; and in 1869 the
liberal tariff previously alluded to was issued.
Public-domain text, read in full here on John Shaqi.
The Former Philippines Thru Foreign Eyes — John Shaqi
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