The Story of the Philippines : a Popular Account of the Island From Their Discovery By Magellan to the Capture By Dewey

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The demand was com- plied with and the Manila merchants were prohibited from including silks and other woven stuffs, except fine linen, in their shipments. A decree of 1720 limited the 38 THE STORY OF THK PHILIPPINES.
outgoing cargo to three hundred thousand dollars and the return to six hundred thousand dollars, and excluded all silks, and stuffs woven wholly or in part of silk, be- sides other imj)ortant articles. This was modified two or three times, and as a concession the amount that could
... l)e sent out was increased to live hundred thousand dol- lars and the return to one million dollars, but the Gov- ernment lost in revenue and the dissatisfaction increa^d.
In 1755 there was an exj)ulsion of non-Christian Chi- nese, which interfereany was formed to carrv on the Philippine-Mexican trade, in order to give it new life; and then, in 1785, the Heal Compania de Filipinas was chartered with the ex- elusive privilege of trade between Spain and the archi- pelago, excepting that l>etween Manila and Acapiilco.


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