From these considerations we draw the final conclusion that if the Philipinas Islands are, as has been proved, absolutely necessary to this crown on account of the eminent advantages and benefits which result to it from them, and that, in order to preserve them, there are but two methods: one, for his Majesty to support them; the other, to grant them commerce by which they can sustain themselves--the first costly and difficult, the second easy and obvious--the latter ought to be accepted and carried out. [This can be done] by giving them the commerce which they have hitherto enjoyed with Nueva España, to the amount that is expedient, and in the usual manner, without adding conditions that will diminish or render it difficult; for that will be to withdraw and consequently to destroy and end it, and with it those islands, which are so important to this Catholic monarchy. Your illustrious Lordship will make such report on this point and argument as [his Majesty's] vassals there expect and desire from your great ability and zeal. Point second As for the permission [to trade] which the islands have enjoyed since 1604--which is to the amount of 250,000 pesos that may be carried in merchandise, and 500,000 pesos which may be sent back in silver, on the two ships which are allotted for that trade--the islands have petitioned his Majesty that he would graciously increase the 250,000 pesos' worth of merchandise to 500,000, and the 500,000 pesos of silver to 800,000; this is referred to the inquiry of your illustrious Lordship. And although I have in the said memorial discussed the main arguments for this request, I will, since these are related to the entire subject of those islands, here reduce them to six or seven principles.