Note 16 — JESUIT MISSIONS IN THE SEVENTEENTH CENTURY

One of the very rare allusions to this mode of conducting commerce, as used among the Moros, which—although common enough in all parts of the world from very early times, and practiced by most peoples who have risen beyond the savage condition—seems to have been even to the present time undeveloped among the Moros, partly on account of their fierce natures and the feuds among them, partly because of their habits of piracy, plunder, and bloodshed. Of especial interest in this connection is the account published in the New York Outlook, December 23, 1905, of the “Moro Exchange” established at Zamboanga, Mindanao (July, 1904), by Captain John P. Finley, governor of Zamboanga district. Intended from the outset to replace slavery and piracy by honest labor, it has gradually gained the respect and coöperation of the Moro chiefs; and by taking advantage of their talent for trade is exerting a wide and strong influence in the development of industry and peaceful relations among them. This exchange even in its first year had a volume of business amounting to $128,000; and now its daily transactions run from 500 to 800 pesos, while in the Zamboanga district it has fourteen branches. ↑