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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, Sho by Unknown
page 58 of 288 (20%)

That the viceroy of Nueva España be ordered not to give permission for
any Piruvian merchants to go to the islands from Piru, under pretext
that they are going to become citizens of the islands--because of the
injuries that the islands receive therefrom; because of those merchants
carrying, as they do, large sums of money belonging to themselves and
others, and to companies; and because they only come to invest the same
and return. On this account the prices of merchandise have risen more
than fifty per cent. After investing their money, the commanders and
masters, because of a money consideration, take these merchants back
to Nueva España, without it being possible to institute any reform.

The bishops say that it is advisable that they should not go [to
the islands] unless for the purpose of becoming actual citizens,
for there the difficulties referred to in this point exist.

_Fourth point_

That the fund for the pay of the troops be placed in the treasury on a
separate account, and that the said troops be paid therefrom, and from
no other account, in order to avoid the disadvantages that result,
and the many offenses and injuries committed by the soldiers under
stress of their necessities and the opportunities that arise. This
would provide a source for what money might be necessary, not only
for the equipment of ships, and provision of ammunition and other
military supplies, but for the pay of the soldiers, which is now
spent in other things.

The bishops declare this to be inconvenient, and that the half-real
which is given for the prebendaries should also be placed in the
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