The Philippine Islands: A Political, Geographical, Ethnographical, Social and Commercial History of the Philippine Archipelago, Embracing the Whole Period of Spanish RuleForeman, John, F.R.G.S.
History
The Philippine Islands: A Political, Geographical, Ethnographical, Social and Commercial History of the Philippine Archipelago, Embracing the Whole Period of Spanish Rule
Foreman, John, F.R.G.S.
Philippines
There have been three or four periods during which no galleon arrived
at the Philippines for two or three consecutive years, and coin became
very scarce, giving rise to rebellion on the part of the Chinese
and misery to the Filipinos. After the capture of the _Covadonga_ by
the British, six years elapsed before a galleon brought the subsidy;
then the _Rosario_ arrived with 5,000 gold ounces (nominally P80,000).
However, besides the subsidy, the Colony had certain other sources
of public revenue, as will be seen by the following:--
PHILIPPINE BUDGET FOR THE YEAR 1757
Income.
P cts.
Stamped Paper 12,199 87 1/2
Port and Anchorage Dues 25,938 00
Sale of Offices, such as Notaries, Public
Scribes, Secretaryships, etc. 5,839 12 1/2
Offices hired out 4,718 75
Taxes farmed out 28,500 00
Excise duties 4,195 00
Sale of _Encomiendas_, and 22 provincial
govts. hired out 263,588 00
Divers taxes, fines, pardons, etc. 18,156 00
Tribute, direct tax 4,477 00
Sudsidy from Mexico 250,000 00
Deficit 79,844 00
------- --
P 697,455 75
Expenditure.
P cts.
Supreme Court 34,219 75
Treasury and Audit Office 12,092 00
University 800 00
Cost of the annual Galleon 23,465 00
Clergy 103,751 00
Land and sea forces all over the Philippines
including offensive and defensive operations
against Moros--Staff and Material 312,864 00
Salaries, Hospital and Divers Expenses 70,158 00
Remittance in Merchandise to Mexico on account
of the Subsidy 140,106 00
------- --
P 697,455 75
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