[The Philippine Islands, 1493-1898 by Emma Helen Blair]@TWC D-Link bookThe Philippine Islands, 1493-1898 CHAPTER third 2/4
If any other person wish to do this, he should be obliged to become a citizen and reside here at least for three years; and he should trade with none but his own property, under severe penalties.
These should include the confiscation of both such goods and his personal property, in addition to which he should not be allowed to carry any wealth to Mexico; nor from there shall the money be brought which now the Chinese take, so that their goods may be bought more cheaply, and with the products of this land. 2.
_That purchases be not made from the Chinese, at retail, but by wholesale._ Second: We desire that, now and henceforth, neither the Chinese nor other foreign vessels shall sell at retail, as is the custom at present, nor shall the inhabitants of this city be allowed to purchase in public or in secret, under severe penalties.
We ask that, for the purchase of these goods at wholesale, there be appointed and chosen persons, so many and such as the affair requires, so that they alone may buy at wholesale all the goods brought by the Chinese vessels, and afterward apportion them to the Spanish citizens, the Chinese, and the Indians, by a just and fair distribution, at the rate of the prices paid for them, plus the other incidental expenses required.
If his Majesty order and confirm this, the prices shall be determined and established by the governor and persons whom his Lordship shall appoint. 3.
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