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
19. The new and very extensive territory which the aforesaid English
now possess in North America, and on the Mexican Gulf as far as
the Misisipi, renders this illicit commerce much easier for them
by means of that coast, especially by way of the new Santender,
[167] which has a good harbor for vessels of moderate size, and many
rivers; it is not far distant by land from Cretaro [i.e., Queretaro]
and other rich cities of Nueva España, and by sea it is not far from
Vera Cruz. With these great opportunities, the illicit commerce can
be pushed to the utmost; for the ambition and covetousness of the
trader despises no means which may bring him profit.
20. The commodities which the English illegally introduce [into our
colonies] must necessarily be cheaper than those which go in our
trading-fleets by way of Vera Cruz, for the latter pay many duties,
and the former none; and the very English who sell in Cadiz to the
Spaniards, paying their duties, sell the same commodities in Nueva
España at a lower price than in Cadiz. Therefore, if some efficacious
remedy be not applied to these illicit importations, I think that
our commerce will be ruined; that our trading-fleets will experience
great losses; that the royal duties will be diminished; and that in
Nueva España the illicit commerce will reach an even greater extent
than in Perù. But it also seems to me that if the commerce from these
islands to Acapulco is free to our company the aforesaid losses can
be in great part averted, for the following reasons.
21. When the foreigners (and especially the English) obtain so much
silk, both raw and woven, from China we must believe that they find
this commerce profitable, and that the said commodity is very cheap
in the said empire, compared with the prices of silks in Europa. The
profit is more obvious in the woven goods, because the infinite number
of people who inhabit China, and the abundance of workmen in every kind
of occupation, cause their manufactures to be exceedingly cheap--as
all of us who live in this part of the world know by experience, who
every year send to Canton commissions for many articles, because they
cost us less than to make the purchases in this city. For instance: The
Chinese and the Spaniards carry silver from here to Canton, where it
is worth three per cent more; and nevertheless a snuff-box, a salver,
and other small articles of silver cost less there than when made here
to order--which shows the great saving of [cost in the] manufacture
which results from the great abundance of workmen, as I have said.
Public-domain text, read in full here on John Shaqi.
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