Note 8 — DRAPER’S DEFENSE

The full title of this book is as follows: “Colonel Draper’s answer to the Spanish arguments, claiming the galeon, and refusing payment of the ransom bills, for preserving Manila from Pillage and destruction: in a letter addressed to the earl of Halifax, his Majesty’s principal secretary of state for the southern department. London: printed for J. Dodsley, in Pall-mall. MDCCLXIV.”

Scots Magazine for 1764, pp. 455, 456, comments as follows on the money received by the English from the conquest of Manila:

Three distributions have been made of the money hitherto received on account of the capture of Manila. The first consisted of 526,306 Spanish dollars collected in specie, jewels, gold and silver plate, and merchandise, received in part of the four millions of dollars to be paid agreeable to the capitulation, including the plunder taken from the seamen and soldiers after the conquest, amounting to 496,000 dollars. The second arose from the balance of the first account, and the amount of sundry naval, victualling and ordnance stores, confiscated and secreted effects, amounting to 92,561 dollars and a fraction. The third arose from the sale of vessels, merchandise, naval and victualling stores, and confiscated effects, sold at Manila and Fort St. George, amounting to 43,280 pagodas and a fraction. Of each of these the East-India company received one third. Distribution has also been made of the effects saved out of the Spanish galley attacked and destroyed by three of the boats of the squadron in the bay of Manila, amounting to 13,319 dollars and a fraction. The total distribution to each class, being cast into Sterling money, comes out thus: