The King: To Don Luis de Velasco, my viceroy, governor and captain-general of the provinces of Nueva Espana, or to the person or persons in whose charge the government may be. Having understood that as a way-station for the vessels in the Philippine trade, one of these islands, Rrica de Oro and Rrica de Plata, would be more suitable than the port of Monte Rey--which had been explored, and for the opening and colonization of which orders had been issued--because the former are in a better situation: by a decree of the twenty-seventh of September of the past year, I commanded you to suspend for the time being the opening and settlement of the said port of Monte Rey, and to undertake the exploration, settlement, and opening of one of those two islands, Rrica de Oro and Rrica de Plata, as it appeared better and more suitable for the object desired; and you were to spend from my royal exchequer whatever money was necessary for this, and settle other matters, as should be expedient. You were to concede to the settlers the same privileges as were accorded to those who were to go to settle the port of Monte Rey; and in case it still appeared to you that the latter was better fitted than either of the two islands, you were to execute what I had ordered you to do in connection with its settlement and opening, as is explained more at length in my said decree, to which I refer you. But now Hernando de los Rios Coronel, procurator-general of the said islands, has represented to me that in any case it is best that the said exploration should be made from the Filipinas, and not from Nueva Espana--both to avoid the great expense which would fall on the royal exchequer, if the ships for this expedition were built there, as all marine supplies are very dear in your country, and difficult to procure; and also because it would be necessary to make that voyage at hazard, mainly, and there would be great danger of not finding the islands and of losing the results of the voyage and the expenses incurred. For they are in a high latitude, and far distant from your country of Nueva Espana; and, besides, as all those who should go on this expedition would necessarily take a large amount of money to invest in the Philipinas (for, as the ships are to go back empty, they would take the opportunity to lade them with merchandise), they might, in order not to lose their goods by going on the exploration, draw up an information on the ship (as has been done at other times), saying that on account of storms, or for some other reason, they were unable to make the islands. But if the said discovery were made from the Philipinas, all these difficulties would be avoided; for it is evident that the cost and danger would be much less, as the two islands to be discovered are so near at hand that they can almost go and take them with their merchant ships. All the rest may be arranged merely by ordering that, having made the discovery, they shall come back to the Philipinas