The Philippine Islands, 1493-1898: Volume 48, 1751-1765: 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 48, 1751-1765: 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
13. For greater security on this point, it could be so regulated
that there would not be the slightest uncertainty, by causing the
agents or directors whom it will be necessary to have in this city,
to write out the invoices of what they ship, according to the entries
in their cash-books, and the same with the silver and the goods that
are brought back in return--information of all this being sent from
here to the officials at Acapulco, and reciprocally from that port
to the officials at this capital, in order that on each side any
possible infraction of the law may be known, and those engaged in
the commerce be restrained from committing such. This exhibition of
invoices and the returns in silver can be compared with the statements
which the directors of the company will furnish, in order to ascertain
whether the former agree with those which will be contained in the said
statements. I take for granted that in the presentation, examination,
and approval of these accounts there will be the supervision of some
person appointed for that purpose by our sovereign--whose royal and
benevolent disposition will, it is to be believed, place some capital
in the company that I have mentioned, as a foundation for this great
work; and in this case it is hardly possible that the least crevice
will be found by which the royal duties might suffer loss.
14. The nobility of España, from the highest rank down; the guilds
of Madrid, who now form a commercial body of much importance; all
the merchants of España, the kingdom of Mexico, Peru, and these
islands; some foreigners; and many religious communities which have
set aside the produce of their funds for pious purposes--all these
will, without doubt, become shareholders in the aforesaid company,
if they are convinced of the benefit of this commerce, and of the
prosperity which will ensue to the Spanish nation; and when the
said merchants have their gains by means of these seas assured, and
a means of supplying the kingdom of Mexico with a great part of the
goods which its people need, without the burden of the royal duties,
it is certain that they will not desire to purchase foreign goods,
except at such advantage as will prove detrimental to the foreigners.
Public-domain text, read in full here on John Shaqi.
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