At the Spanish conquest--Rice--the lowest use the land can be put to--How the Americans are misled--Substitutes for rice--Wheat formerly grown--Tobacco--Compañia General de Tabacos--Abacá--Practically a monopoly of the Philippines--Sugar--Coffee--Cacao--Indigo--Cocoa-nut oil --Rafts of nuts--Copra--True localities for cocoa palm groves Summary--More sanguine forecasts--Common-sense view 129-138 Chapter XV. Forestal. Value exaggerated--Difficulties of labour and transport-- Special sawing machinery required--Market for timber in the islands--Teak not found--Jungle produce--Warning to investors in companies--Gutta percha 139-142 Chapter XVI. The Minerals. Gold: Dampier--Pigafetta--De Comyn--Placers in Luzon-- Gapan--River Agno--The Igorrotes--Auriferous quartz from Antaniac--Capunga--Pangutantan--Goldpits at Suyuc--Atimonan --Paracale--Mambulao--Mount Labo--Surigao River Siga-- Gigaquil, Caninon-Binutong, and Cansostral Mountains-- Misamis--Pighoulugan--Iponan--Pigtao--Dendritic gold from Misamis--Placer gold traded away surreptitiously--Cannot be taxed--Spanish mining laws--Pettifogging lawyers-- Prospects for gold seekers. Copper: Native copper at Surigao and Torrijos (Mindoro)--Copper deposits at Mancayan worked by the Igorrotes--Spanish company--Insufficient data-- Caution required. Iron: Rich ores found in the Cordillera of Luzon--Worked by natives--Some Europeans have attempted but failed--Red hematite in Cebú--Brown hematite in Paracale-- Both red and brown in Capiz--Oxydised iron in Misamis-- Magnetic iron in San Miguel de Mayumo--Possibilities. Coal (so called): Beds of lignite upheaved--Vertical seams at Sugud--Reason of failure--Analysis of Masbate lignite. Various minerals: Galena--Red lead--Graphite--Quicksilver-- Sulphur Asbestos--Yellow ochre--Kaolin, Marble--Plastic clays--Mineral waters 143-157 Chapter XVII. Manufactures and Industries. Cigars and cigarettes--Textiles--Cotton--Abacá--Júsi--Rengue --Nipis--Saguran--Sinamáy--Guingon--Silk handkerchiefs--Piña --Cordage--Bayones--Esteras--Baskets--Lager beer--Alcohol-- Wood oils and resins--Essence of Ylang-ilang--Salt--Bricks-- Tiles--Cooking-pots--Pilones--Ollas--Embroidery--Goldsmiths' and silversmiths' work--Salacots--Cocoa-nut oil--Saddles and harness--Carromatas--Carriages--Schooners--Launches--Lorchas --Cascos--Pontines--Bangcas--Engines and boilers--Furniture --Fireworks--Lanterns--Brass Castings--Fish breeding--Drying sugar--Baling hemp--Repacking wet sugar--Oppressive tax on industries--Great future for manufactures--Abundant labour-- Exceptional intelligence 158-163 Chapter XVIII. Commercial and Industrial Prospects.