Law VI

It is our will that the trade and commerce of the Filipinas Islands

with Nueva España be carried on for the present as ordained. Under no

consideration shall the amount of merchandise shipped annually from

those islands to Nueva España exceed two hundred and fifty thousand

eight-real pieces, nor the return of principal and profits in money,

the five hundred thousand pesos which are permitted--under no pretext,

cause, or argument that can be advanced, which is not expressed by a

law of this titulo; and the traders shall necessarily be citizens of

the Filipinas, as is also ordained. [Felipe II--Madrid, January 11,

1593. Felipe III--December 31, 1604; Madrid, May 4, 1619; Lisboa,

September 14, 1619.]

The Philippine Islands, 1493-1898 — Volume 17 of 55 1609-1616 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 18 / 113 题