Note 15 — Chapter V · That your Majesty possesses in the Filipinas enormous wealth, even with the little effort made to realize it.
Reading edition
In the Filipinas Islands, in so far as I have been able to learn (and I consider it certain), your Majesty has, without going to conquer foreign kingdoms, the greatest wealth which has been found in the Indias;15 and I base this upon these arguments, for in all those islands it is well known and established.