2U500 Customs duties on ships that go to Mexico sent by citizens of Manila, at three per cent of the merchandise 12U000 Other items, 4U pesos 4U000 Total amount 255U541 In this way your Majesty has, from year to year, a little more or less than two hundred and fifty thousand reals of eight, and in this there are included neither the freight charges of the ships which go to Nueva Espana, amounting to more than 30U pesos, nor the twelve per cent paid there on the merchandise which is sent, because this enters into the royal treasury of Mexico.

The expenses which your Majesty has in these islands are not so great that, if it were not necessary to furnish support for the war in Maluco with the Dutch, there would not be rather some surplus than a deficit; and you could well maintain four galleons and six galleys for its protection and defense..