The Philippine Islands, 1493-1898, Volume 44, 1700-1736: 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 44, 1700-1736: 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
The necessary dependence which the maintenance of these islands has on
the commerce, in order that the Spaniards may maintain themselves in
them; and the benefit from the charitable funds, in which are annually
expended 75,000 pesos--which sum proceeds from the trading of the
150,000 pesos which are carried in the annual galleon on account of
the said charitable funds.
II
That if the prohibition of the stuffs and other commodities from China
remains, their former control of the trade therein will be disturbed,
and the royal decrees issued for this purpose (some of which are
compiled [83]) will be subverted--such as those which command that the
commodities which they convey shall be bought from the Sangleys; and
that if this [Chinese] commerce is prohibited that of Nueva España
becomes unprofitable, as the bulky commodities do not fill up the
amount of the permitted trade, and it will not be possible to pay
the cost of traffic in them without those from China.
III
That for the maintenance of these islands, the support of the
Spaniards, and the success of the charitable funds, it is necessary
that the amount permitted be increased to 500,000 pesos and a million
of returns, with the inclusion of the fabrics from China.
IV
The regulation of the lading, in order to avoid infractions of the law
[is necessary]; as also that the dubious and burdensome obligation
of making sworn declarations be laid aside, and that the quality
and number of the commodities which are transported must appear in
the registers.
Public-domain text, read in full here on John Shaqi.
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