This sum shall be collected and placed in one depository, which shall be in common for all the islands, and shall be in charge of a faithful person; and it shall have three keys.

This money having been collected, whenever his Majesty may need one, two, or three vessels, more or less, in these islands, and shall choose either to buy them in India or to build and construct them in these islands, he needs fifty thousand pesos for that purpose.

After first taking from his royal chest and treasury the usual sum, the balance and remainder--which is generally levied from the Indians at very low rates, or without paying them at all--let him get from that chest of the common fund of the Indians.

Then the sum given by his Majesty and the aid furnished by the Indians can be put together, and those boats built or bought without making repartimientos among the communities of the Indians.

If common seamen be needed, then a proclamation can be issued to see if there are any volunteers who will sign the register; and surely there will be many, as usual.