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
in support of some of his statements. While the Spanish silks sent to
Nueva España amount to only one hundred and twenty-five toneladas,
those of foreign make sent thither from Spanish ports are more than
a thousand toneladas. The French, English, and Dutch trade at Canton,
where the main part of their commerce is in raw silk.]
95-96. [The above memorial was referred by the Council to the fiscal,
on October 6, 1723; and on December 22 following, a printed answer
to both of those by Manila was placed before the Council by the
consulate and merchants of Cadiz. They remind the king that when
Filipinas was first discovered the ships brought back to España
abundance of gold, pearl, amber, civet, wax, and fabrics of Ilocos;
and for some time afterward these and many other valuable products
were exported from Manila, which became the emporium of both Eastern
and Western India. In those early times, when so much zeal and
energy for the conversion of the heathen was displayed, it was not
necessary to the missions to depend upon the trade in Chinese silks;
but, for the sake of benefiting the natives of the islands, and to
check the drain of silver to foreign nations, the Spanish government
(by decrees of 1589 and 1596) authorized the barter and exchange of
the products of Filipinas for those of China, under the system called
pancada. But Manila has distorted this into the assumption that
the Chinese trade was intended for the maintenance of the Spanish
colony in Filipinas, and that it was to be without restriction,
save in its amount--although, as a fact, the trade in silk fabrics
of China was not introduced until many years later. The system of
distributing the commerce among the citizens of Manila replaced the
earlier pancada, and led to such abuses that Felipe III attempted to
check them by a severe decree (1620); and later enactments placed
the Acapulco commerce on such footing that it flourished greatly,
to the mutual advantage of Filipinas and Nueva España, and to the
enrichment of Manila and its citizens. That commerce benefited the
poor citizen as well as the rich; but the trade in silks is only for
the benefit of the wealthy merchant and the rich consumer, as they
are articles of luxury. The earlier commerce of Manila also supported
and stimulated the consumption of Spanish silks in Nueva España and
Peru, and the silk industry flourished in the mother-country; but
the later introduction of Chinese silks into the American colonies,
and the frauds and excess connected with this trade, have ruined
the silk industry on both sides of the Atlantic, and even impaired
the prosperity of Manila. Cadiz claims that the merchants of Mexico
have committed many frauds, and transgressed the ordinances, and
prevented the execution of these, in regard to the Manila trade, and
do so with the collusion and aid of the officials: for instance, the
galleon "Nuestra Señora del Rosario" arrived at Acapulco on January
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