The Philippine Islands, 1493-1898 — Volume 22 of 55: 1625-29; Explorations by early navigators, descriptions of the islands and their peoples, their history and records of the Catholic missions, as related in contemporaneous books and manuscripts, showing the political, economic, commercial and religious conditions of those islands from their earliest relations with European nations to the close of the nineteenth century.
History
The Philippine Islands, 1493-1898 — Volume 22 of 55: 1625-29; Explorations by early navigators, descriptions of the islands and their peoples, their history and records of the Catholic missions, as related in contemporaneous books and manuscripts, showing the political, economic, commercial and religious conditions of those islands from their earliest relations with European nations to the close of the nineteenth century.
Demarcation line of Alexander VI; Missions -- Philippines; Philippines -- Discovery and exploration; Philippines -- History -- Sources
But what most persuades me to believe that this is the object of
the Dutch is because they are not ignorant of the great advantage to
them of buying silks from the Chinese and taking their investments
to Japon; for it is evident to them from the high profits made by the
Portuguese of Macan. That profit will be greater for them because of
the greater ease of making the investment, and their nearer and easier
navigation. Whenever any other nation wishes to trade with the Chinese,
that trading must be done entirely with silver; and as the Dutch can
take so little silver from Europa, and have no opportunity to get it
from Japon unless in exchange for Chinese merchandise, it is certain
that, both because of the high profits of this trade and in order to
maintain themselves in their factory at Japon--whence they furnish the
forts of the Malucas, Ambueno, and other places with supplies and some
food--they will procure the trade with the Chinese by all possible
means, by maintaining a factory in the island of Hermosa. Thus,
becoming wealthy, they will utterly destroy Macan and deprive the
Filipinas of the trade of Chinese silks which they had in Japon,
which was formerly of so great profit that the investment generally
yielded one hundred per cent in eight or nine months.
It is to be noted that this trade of Macan and Filipinas with Japon
is the principal thing that should be aided by Espana, for it does
not involve the danger of having the silver of the Indias wasted in
China, if voyages are made to Macan from Lisboa by way of India,
because it comes from China to Portugal, and from Nueva Espana to
the Filipinas in return for what is taken to Nueva Espana. As for
the investments made in Macan and Filipinas for Japon, the return
for these is silver from the mines of Japon itself.
Public-domain text, read in full here on John Shaqi.
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