The Philippine Islands, 1493-1898 — Volume 27 of 55: 1636-37; 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 27 of 55: 1636-37; 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
As for the second reason--that of the merchandise, and the trade
of the islands therein--it is not denied that it would have the
effects that have been stated, if it were free, open, and without
restriction; but these cease, because experience and good government
have chosen a method such that neither the commerce of España should
be destroyed, nor that of the islands be annihilated, by permitting
the commerce to one in such quantity that it should not prove damaging
to the other. And although España petitioned that the commerce from
Filipinas be totally suppressed, by which they thought that they
would assure their own increase, it was also considered that the
islands would surely be lost in that case; and that they would be
settled by the Dutch, who would make themselves masters of all the
Orient. Consequently, that would not only expose India to evident
danger, as has been proved, but would also, by increasing the forces
of the Dutch, render them more powerful in the trade of the Indias,
and in all the regions where they navigate and traffic. Therefore,
if the trade of [the merchants in] España should increase for the
one reason, their risks and expenses would be greater for another;
and nearly all the trade of Portugal would be ruined. Thus from an
imagined benefit would result damages so certain and considerable
that, were they weighed as they ought to be, the present losses would
be considered as more tolerable. Such is the mutual relationship of
states which are many and extended that, if attention to all of them
be difficult, it is advisable that decisions be adjusted to the least
harmful course. Accordingly, it is proper that the islands should
not continue to increase, but that they be allowed the commerce that
is sufficient to maintain them; and that that of España should not
be increased in that region, but that the trade of the islands be
restricted in such manner that it shall be as little obstructed as
possible. For, by each kingdom losing a part of its right, all will
be maintained and conserved.
Number 67. Commerce of España with the Indias: why it is decreasing
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