The Philippine Islands, 1493-1898, Volume 30 of 55, 1640: 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 centuryAduarte, Diego
History
The Philippine Islands, 1493-1898, Volume 30 of 55, 1640: 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
Aduarte, Diego
Demarcation line of Alexander VI; Missions -- Philippines; Philippines -- Discovery and exploration; Philippines -- History -- Sources
The question then remains as to the character, amount, and form of
this commerce, which are three principal topics. As for the character
of this commerce, it is noted in the larger memorial (no. 15) that
the islands have a domestic and a foreign commerce. It has been shown
that this is scanty, except what proceeds from Moluco; but that this
might be very rich, since it is the trade in cloves (as may be seen
in nos. 28, 30, 34, and 36 of the said memorial). But, as this trade
is reserved for the Portuguese and prohibited to the Castilians,
it is useless to consider it for this purpose--although it is worth
notice that whatever advantage the crown of Portugal derives from that
trade is due to the Philipinas, and results from their preservation. I
shall soon make some observations on the remaining portion of this
domestic commerce, and what can be obtained from it.
Their foreign commerce is with many regions of the Orient, as is
stated in the said memorial, from no. 20 on; and in no. 37 it is
shown that only the inhabitants of the Philipinas can carry on the
commerce with China, because they have means for this only--exporting
that merchandise to Nueva España, and obtaining the returns from
it in silver, with which to maintain it; for they have no other
commodity which the Chinese crave, as is proved in the said memorial,
no. 70. From this the conclusion is drawn that the islands cannot
be preserved without commerce, and that this must necessarily be
conducted with Nueva España in Chinese merchandise, and in some of
their own products.
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