Since you already have plans for the factory at Terrenate and for the cloves and drugs that you may get at Terrenate and its adjacent islands, it will be a very efficacious means, in order that the vessels may be cheaper, to send the cloves and drugs where they may have greatest value, so that with that profit the vessels may be built more cheaply.

After you shall have more fully established that advantage to the royal treasury, you shall endeavor to put into practice the building of some boats for the service of the South Sea in Callao, Panama, and the other ports of Tierra Firme.

This alone I refer to you, so that you may endeavor from now on to lessen as much as possible the profit [made by others] in this, both in material and construction."] 12th.

The vessel that went to Goa with a quantity of cloves, which I had traded for in Maluco and sent there on your Majesty's account (as will be done whenever possible), arrived safely; and in the same way, was despatched and returned here (thanks to God), bringing slaves for the galleys and other supplies for the magazines, and the provisions and articles necessary for your Majesty's service.
[_Marginal note_.

"It is well.