The Philippine Islands, 1493-1898, Volume 52, 1841-1898: 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 52, 1841-1898: 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
banks in their ways of extending credit to agriculturists, or were
being aided by private bankers associated with them. [50] The loss
of Spain's colonies on the mainland, besides turning many loyal or
proscribed Spaniards toward Cuba and the Peninsula, had in a small
degree encouraged such emigration to the more distant Philippines, and
the history of certain of the most prominent Spanish families in the
Philippines dates from the decades immediately following the political
upheavals in Spanish-America. In the main, however, such immigrants
as came to the Philippines in this way were government employees who,
being ousted from the American continent, must rest as pensioners on
the home government if the latter could not find them places in the
Spanish Antilles or the Philippines. Such immigration, it need not
be said, was not altogether an unmixed good; and some of the various
"administrative reforms" designed for the Philippines in the fifties
and sixties showed the influence of this pressure to provide places for
officeholders with a claim on the government. The number of Spaniards
who came to the Philippines on their private initiative was very small
until direct steam communication with the Peninsula was opened, and
though it never became large during the last thirty years of Spanish
rule, Spanish commercial interests in the islands gained relatively
on those of foreigners after the opening of the canal. A direct
steamship line from Barcelona was soon established under subsidy. The
domestic shipping laws of Spain were even more fully extended over
the Philippine archipelago, and the already existing preferential
customs duties and regulations aided the growth of Spanish trade in
the islands thereafter more than they had done before. [51]
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