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The Philippine Islands, 1493-1898, Volume 51, 1801-1840

Note 98 — PART II

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To account for the enormous difference, it will be sufficient to observe, that the Acapulco ships alone smuggle from 1–4th to 1–3d of their cargo (treasure) on shore—that opium which is prohibited, is smuggled to a considerable amount, as is also treasure, particularly gold, to avoid paying the import duties. With respect to the exports, the Chinese alone smuggle nearly a million annually, and no notice is taken in the account of treasure exported to Bengal in bars. ↑

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