Note XXVII‑20 — Chapter XXVII · PANAMÁ, PORTOBELLO, AND PIRACY. 1601-1670.
Reading edition
Forced loans were frequently extorted by Felipe III., and merchants resorted to all sorts of devices to conceal their specie. Commerce suffered great depression, and on April 10, 1643, Felipe IV., in a letter to the governor, says that under no circumstances would any further exaction be made, but that he would be satisfied with the stipulated dues. Panamá, Reales Cédulas, in Pacheco and Cárdenas, Col. Doc., xvii. 249-52.