The third point is--as you have been informed and instructed in other letters concerning the purpose of the factory at Terrenate--that all the benefit received from the islands of Maluco by the enemy is by way of barter; and that so vast profits are obtained by them in this that these enable them to be on the offensive and defensive, and convey to their own country the wealth that we see in the Malucas, the value of which is evident in the armies and other expenses that are incurred.

From this example, since the expenses of my royal treasury are so heavy--inasmuch as the trade is carried on only by conquest and force of arms--everything is reduced to expense, and nothing to gain.

In order to make profit you are advised that the factory of Terrenate should barter and negotiate, in order that the profit obtained by the enemy might follow, and more if possible.

And if the natives of those islands see that their property is not taken from them, and if they are paid in the ordinary form, they will grow fond of us and become converted to our friendship.

From that it will be possible to pass to other objects, the chief one being the evangelical preaching.