Note 6 — COMMERCE OF THE PHILIPPINES WITH NUEVA ESPAÑA

40. Inasmuch as in the year 1706 the galleon named “Rosario” had been despatched from Philipinas under the regulations made by the cited decree of 1702, and modifications in this had been proposed by the city and merchants of Manila, the viceroy Alburquerque6 had commanded (with the opinion of a junta which he formed for the reception and unlading of the galleon) that this cargo should not be admitted to the adjustment of the 100,000 pesos, which the above regulation provided; and that consequently the declaration of goods should be accepted, by the rules of valuation and of the payment of duties which had been observed on other occasions. The Council, after the statement of the fiscal and consultation with his Majesty, severely censured the viceroy, and the officials of the junta who had agreed with his opinion; and they returned thanks to those who were of the opposite opinion, who thought that the adjustment of the 100,000 pesos should be paid, as that was the most exact and accurate meaning of the royal orders issued in the year 1702.