and the trading alcaldes-mayor should be replaced by corregidors, who should be able and experienced lawyers. The tributes ought to be paid in money, and not in kind; and this involves the need of a colonial money for Filipinas. The revenue taxes, especially those on tobacco and wine, should receive more attention, and these two should be extended to all the provinces; and the manufacture and sale of brandy in the islands should be restricted. The Chinese in the islands should be carefully classified, more strictly supervised by the government, and more heavily taxed. The rebate of duties granted on all foreign imports at Manila is ruining the Filipinas manufacturers, whose "infant industries" should be protected; and Bernaldez proposes a new schedule, carefully classified. The inter-island trade is exclusively in the hands of the alcaldes-mayor and the rich Chinese and mestizos, who should therefore pay a moderate tax on that lucrative commerce. A colonial currency is urgently needed. An account of the management of the obras pías should be demanded by the government, and those funds should be employed in promoting agriculture and industry in the islands. The shipbuilding and mining carried on by the government ought to be furnished by private persons under contract. Agriculture is the most important industry of Filipinas, and a feeder to its commerce; its backward condition should be remedied. He recommends direct and unlimited commerce between Spain and the islands, government encouragement to large agricultural enterprises, instruction of the Indians in better methods of agriculture and the preparation of its products, and rewards for industry and application on their part. The production of opium for the Chinese market ought to be allowed in Filipinas, and heavy duties collected on its exportation. Enormous sums of money are yearly carried to India and China for fine cotton goods, which could as well be manufactured by the Filipinos if they knew how to dye these properly and had machinery for spinning the cotton thread; the government should take active and prompt measures to secure this desirable end. Closer relations should be established with Spain, whose government and merchants are urged to work together in behalf of this. Bernaldez concludes by showing "the necessity of forming a special code of laws for Filipinas," and of "a periodical visitation of that colony by officials from the Peninsula." As appendix to his memorial, we present a summary of a similar document, written at nearly the same time by a merchant of long and varied commercial experience in the Orient and the Americas. Less official and formal, but more shrewd, alert, and liberal, this writer presents his views, with much clearness and force, on the decadence of the islands and the means of making them more prosperous and wealthy; and a comparison of these with the opinions of Bernaldez might well be helpful to the present administration of Filipinas.