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The Philippine Islands, 1493-1803 — Volume 05 of 55, 1582-1583

Note 4 — Letter from Peñalosa to Felipe II

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The viceroy, Count de Coruña,4 regrets that I despatched ships to a point outside of Nueva España. I can well believe that he has been persuaded to this view by the merchants interested in trade, as they do not wish the gains to be divided. Those who consider the subject without prejudice, however, will understand the great advantages which might follow thereby to this country, in that people will come hither and commerce be opened upon all sides.

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