Note 98 — Chapter IX · THE AUDIENCIA AND THE GOVERNOR: THE AD INTERIM RULE
Reading edition
By this seizure the sum of 2,253,111 pesos was realized in the interests of his government and at the same time, of course, it was kept from falling into the hands of the British. Anda subsequently reported to Governor Torre that the capture of the treasure of the “Filipino” made possible the conservation of the Islands, “and that the English did not leave them completely desolate, since without this aid, the subsistence of the state would have been impossible.” (Anda to Carlos III, June and July, 1764, Blair and Robertson, XLIX, 299).
The fact that the galleon carried a cargo of over two million pesos affords no small insight into the way in which the merchants and officials obeyed the law which forbade an annual return exceeding 1,000,000 pesos. See Martínez de Zúñiga, Estadismo, I, 266–270.