This trade was anciently confined to a single ship annually, the famous Galleon. She was fitted out, manned and armed, at the king's expense, and commanded by a king's officer. This was reimbursed by a duty of 33 1/3 per cent. on the registered cargo, the merchants contributing to her provisionment, and to the payment of 20,000 dollars as a bounty to her commander. She was calculated to carry 3,000 bales of a certain size, and the privilege of shipping these was confined to the holders of 1,000 tickets called "boletas," which were divided amongst different public bodies, charitable and religious institutions, the widows of the officers, &c., these tickets being saleable to others: [109] and of the enormous profit on this trade, some idea may be formed, when it is known, that with the very heavy expenses attendant on every stage of it, 500 dollars have been paid for a ticket entitling the holder to ship three bales! By regulation, the invoice was not to exceed 500,000 dollars; but this was always evaded. The vessels were crammed with goods, and generally netted 100 per cent. or even 150 on every thing taken out. [110] By applications from private merchants, the permissions have of late years been extended to their ships, and even brigs; but they still were encumbered with many useless restrictions and conditions, which of course were evaded by every means that could be devised. By the adoption of the new constitution, and the late declaration of the independence of Mexico, [111] which began in the seizure of a convoy of nearly a million of dollars belonging to the merchants of Manila, this trade is now almost annihilated. As has been remarked, their intercourse with the other countries is very limited. The Phillippine Company, who were in possession of the exclusive trade of Europe, have for many years taken no advantage of their privilege (the last ship which arrived from Spain was in 1817); [112] but private merchants were still debarred from doing so, till the promulgation of the constitution. [113] Foreigners have been, however, gradually admitted since 1800; and they have supplied the wants of the country by introducing European articles, and carrying off the surplus produce, when a sufficient quantity could be procured to employ their capital, which rarely happens without much delay. So rapid has been the augmentation of this trade, that though in 1813 only 15,000 pekuls of sugar were exported, it had increased in 1818 to 200,000, at from 6 1/2 to 9 dollars per pekul. The other exports of the same year were as follows:--