The Philippine Islands, 1493-1898, Volume 51, 1801-1840: 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 51, 1801-1840: 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
whether from lack of foreign ships, or through the loss of their crops,
will be a warning to them for a long time. In short, the agriculture of
Filipinas at this time depends on the irregular and transient stimulus
which is furnished to it by the peripatetic capital of the mestizo,
who buys only in the years when he calculates that he must in view of
the condition of the crops and the market, make a profit; while the
Indian farmer always sows his seed heedless of results, and without
the guidance of that elementary principle in affairs of commerce that
the estimate of what he acquires ought to be based on a calculation of
the market for it. For the corrective of this evil, and assuming that,
for reasons that are rightful and conformable to sound policy (as I
have set forth), the residence of foreigners in the islands ought not
to be permitted, I find no other means than this, that the government
encourage, by judicious measures, the direct and unlimited commerce of
España with that colony--of which I shall speak in another chapter,
[presenting] the rough sketch of a plan which ought to produce the
following effects: (a) The definite and reliable annual exportation
from those islands, not only of the great quantity of sugar, indigo,
coffee, and other native products which are needed in the ordinary
consumption of España, but of that which Spanish commerce can dispose
of in the other nations and free ports of Europa. (b) The establishment
of Spanish trading posts [factorias] in the interior of the provinces
of Filipinas, which the Spanish mercantile interests will carry on
for the sake of acquiring the agricultural produce at first hand,
freeing the Indians from the oppressive rule of the mestizo trader,
and forming contracts with them, at prices agreed upon, for a certain
number of years.
Public-domain text, read in full here on John Shaqi.
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