.

Of the traffic of these islands, on which likewise.
depends their increase and conservation 1.

_That no consignments of money be sent to the Filipinas from Mexico._ First: It should be related to his Majesty that one of the things that has ruined this country is the great consignments of money that wealthy persons resident in Mexico send here.

These give rise to two wrongs: the first, that they advance the price on all Chinese merchandise, so that the poor and common people of the islands cannot buy those goods, or only at very high prices; the second, that, since the shipments of goods [to Mexico] are many and large, and the vessels few--at times (nearly always, in fact) not more than one--and, because of the great amount of ship stores required for so long a course, and the difficulty of the voyage, these vessels go but lightly laden, the citizens and common people cannot export any goods.

We ask that his Majesty ordain and confirm what has been ordained here by his royal Audiencia--namely, that neither shall such consignments be sent from Mexico, nor shall Mexican factors or trading companies come hither from that country; but that only the citizens of these islands be allowed to buy and export to Mexico the products of this land and foreign products.