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The Philippine Islands, 1493-1898; Volume 47, 1728-1759

Note 15 — AND ADVANTAGES WHICH THEY CAN YIELD TO HIS MAJESTY CARLOS III

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Hence are drawn two conclusions. One is, the extreme craftiness of the Dutch, in not furnishing more than the said quantity in order to supply the Spaniards, and in making them believe that they will be left without chocolate; and thus they succeed in obliging the Spaniards to pay for the cinnamon at the very high prices which the Dutch have fixed in these recent years—for it is a hundred per cent more costly, and fifty per cent worse in quality; therefore there is an increase of a hundred and fifty per cent in favor of the Dutch, and of three hundred per cent to the injury of España, who without reason endures this tyranny. Therefore, if the Dutch are not mistaken in the estimate of cinnamon which they published in the Gazette, and as the consumption [of that spice] in España is as I have made evident, there will not be cinnamon to supply all the nations; nevertheless, there will be no lack of it in any of them.15

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