The Philippine Islands, 1493-1898 — Volume 25 of 55: 1635-36; 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 — John Shaqi
The Philippine Islands, 1493-1898 — Volume 25 of 55: 1635-36; 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 25 of 55: 1635-36; 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
Seventh, the great damage and injury that would assuredly follow to
the royal treasury if the said commerce were abandoned; for since
the said three per cent that is first collected as a customs duty,
and the other three per cent imposed anew in the said year of six
hundred and eleven, amount and are worth a very great sum and number
of pesos annually to the royal treasury, that sum will not increase
with the imposition of the said two per cent, but, on the contrary,
both the one and the other duty will be lost; or at least they will
be reduced to a very great loss, damage, and diminution of the royal
treasury, and the reason therefor is very clear and evident. For
in every year, and in that of the imposition of the two per cent of
which we are treating, the duty amounted to about four thousand; and
to that amount now, without the imposition of the said two per cent,
all the inhabitants of the said city, both rich and poor, trade and
traffic. By that means are caused the said customs duties not only at
departure from the said city of Manila, but at entrance into the said
City of Mexico, and on their returns afterward, from the investments,
and on the kinds of merchandise that are sent back by the same ports
and places to be traded at the said city of Manila. For since the
number of those who traffic is large, the said duties which are
caused and paid are also large. But if the said two per cent be put
in force, although it may be stated that some of the said inhabitants
will continue to trade, they would be very few; and the trade would
be reduced to those who are richest and those with most capital, who
are not many. But among all the others who are not rich, money and
capital would fail, and they would refuse to [trade] and could not
risk their little capital without gain or profit, as they will have
no profit with the said two per cent. And it would not be right or
expedient, for the sake of the said new imposition (since the reasons
and motives for it are lacking, as above stated), to place the income
and value of the said customs duties in danger and peril, as it is so
great and considerable, or to risk that of the other three per cent
of the said year 611--the one dependent on and inseparable from the
other; for, beyond all doubt, both would fail if the said commerce
failed or diminished. The said danger can be regarded as certain,
both for the abandonment of the said commerce and of the colony of
those islands; and that would allow the Dutch, who are so powerful
in the surrounding islands, as above stated, to gain an entrance in
them, for the lack of troops caused by the said imposition. That is a
matter which your Majesty should have examined with great attention,
because of the many precedents that have been seen in like cases in
these kingdoms [_i.e._, of Espana] with the great injury and loss to
the royal treasury which could not be restored later--as happened
in the increase [of the tax] on playing cards, one real more than
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account