Note 12 — III. Trade and Commerce at the Time of Discovery and Conquest

Azcarraga, La Libertad de Comercio de Filipinas, p. 40.

“To this abundance and fertility was added the proximity of China, India, Japan, Malacca, and Maluco. From China they not only began to ship their riches in silks and glazed earthenware, as soon as they learned of our wealth of four and eight real pieces: * * *.” (Relación de las Islas Filipinas, Pedro Chirino, S. J.; Roma, 1604.—Bl. and Rb., Vol. 12, p. 191.)