Second Point

_To whom it is permitted to trade and traffic in the Filipinas

Islands._

By the aforesaid decree, it is permitted solely to the citizens of

the said islands, for the space of six years. This license is not to

be renewed, and trade and commerce is unqualifiedly prohibited to any

other person whatsoever of the Western Indias, under the penalty of

confiscation of his merchandise.

Nevertheless, under cover of commissions, the citizens of both Piru

and Nueva España engage in trade, and they send their money in the

ships going from Nueva España--some registered, and some secretly.

The Philippine Islands, 1493-1898 — Volume 12 of 55 1601-1604 Explorations by Early Navigators, Descriptions of the Islands and Their Peoples, Their History and Records of the Catholic Missions, as Related in Contemporaneous Books and Manuscripts, Showing the Political, Economic, Commercial and Religious Conditions of Those Islands from Their Earliest Relations with European Nations to the Close of the Nineteenth Century · 第 16 / 67 题