The method of dealing with the goods thus received was, to say the
least, peculiar. They were done up each year in bales, always just
fifteen hundred in number, and of exactly the same size and shape,
for shipment to Mexico. From the first year after the formation of
the colony until the year 1811, a fixed process was maintained. Every
year a State-galleon left Manila for Mexico, bearing the baled Chinese
goods, which represented the Philippine tribute. Every year the ship
returned with a portion of the proceeds to the starting-point, this
being known as the Mexican subsidy. One galleon and no more. For two
centuries, and longer, this rigid system was kept up, the commerce of
the islands being limited to this conveyance of tribute across the
seas. Navidad was at first the Mexican port of call. Then Acapulco
was chosen, and for more than two hundred years the State-galleon,
Naos de Acapulco, yearly came and went across the Pacific, carrying
tribute for Spain. The ships employed were very different from modern
commercial craft. Short of length, wide of beam, and light of draught,
with high elevation in bow and stern, above water they presented
something of the outline of a crescent moon. They were of about 1,500
tons burden, had four decks, and were provided with guns; for, the
waters they crossed were not secure from hostile craft, and Spain
not infrequently had the loss of one of her rich galleons to mourn.
Thus it continued, until the rebellion in Mexico put an end to the
traffic, the last of the treasure-galleons leaving for Mexico in
1811. The last for Manila set sail in 1815. There were other reasons
than the war to put an end to the old traffic. The expense had become
too great and the profit too small. Spain's finances had fallen
into a lamentable state, and the Naos de Acapulco was, perforce,
withdrawn. Needy politicians, who knew little about seamanship, but
much about perquisites, had forced themselves into the galleon, whose
commander received an annual salary of $40,000, the chief executive
officer $25,000, and the quartermaster nine per cent. of the cargo,
the total of which was no small sum.
It was an odd idea to restrict the commerce of a group of the richest
islands of the tropic seas, to a single vessel carrying the annual
tribute of the island. In fact, it was not quite so restricted. The
tribute-cargo did not fill the ship. There was some space left, and
the use of this was given to a few favored merchants, the Consulado,
as they were called, a trading ring, each member of which must have
resided a certain number of years in the Philippines, and have a
fortune of at least $8,000. This surplus freight was regulated by
the issue of boletas,--documents that long did duty as paper money,
passing from hand to hand. The demand for space much exceeded the
supply, and the right to ship on the annual galleon often went to
favored hands, merchants being set aside by churchmen, officials,
and others with grasping palms.
Public-domain text, read in full here on John Shaqi.
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