Sir, we set saile from Lisbon the fourth of April 1596. and arriued here in this riuer of Ienero the twentie seuenth of Iune next ensuing. And the same day the Visitadores did visit our ship with great ioy, thinking that those commodities which wee brought with vs, had bene for the marchants of this countrey: but it prooued to the contrary.
Wine solde at an excessiue rate. The pilot brought with him in the sayd shippe two pipes of wine which were taken from him, and solde by the Iustice for foure and twenty reals euery gallon. But I solde mine for two and thirty and sixe and thirty reals the gallon. If I had brought any great store of wine, I should haue made a great gaine of it: for I should haue gotten eight reals for one.
The next day in the morning we went all on shore, and gaue God thanks for our prosperous voyage, and good successe which he had sent vs. And because the gouernour of this countrey was gone from this Towne to another house of his, three leagues vp into the riuer beyond the place where we rode at anker, I desired the captaine of our shippe after dinner, that we might take the
shippe boat, and goe to the place where the gouernour did lie. And so going vp the riuer, we met with a canoa which was comming downe the riuer, and going aboard our shippe; which canoa was laden with fresh victuals, and in the same was one Portugall, which met vs, and tolde vs that the gouernour of that captaine shippe had sent vs a present, which we receiued very thankefully, and sent it aboord. And we went vp the riuer, to the place where the gouernour did dwell; and comming to the place where we landed, hard by the riuers side, the gouernour came thither and receiued vs very courteously. So we remained at his house two days, talking of many matters of Portugall: then we departed from him, and came downe the riuer.
Three dayes after, I hired a ware-house by my selfe, and landed my commodities. And now I am selling them as fast as I can; and sell them very well, and to great profit: for I haue sold all our hats. I would I had brought forty or fifty dozen, by reason of the great vtterance of them vp into Peru, and into the new kingdome of Granada, by the way of the riuer of Plate. A rich trade from the riuer of Ienero by the riuer of Plate into Peru, etc. For here is passage euery three or foure moneths with barks of thirty and forty tunnes a piece, which are laden with sugars, rice, taffataes, hats, and other kindes of commodities of this countrey, which are caried vp the sayd riuer of Plate in the sayd barks, and thence are conueyed vp into Peru. And these barks are but tenne or twelue days going vp the sayd riuer to Peru. And within foure and fiue moneths after, the sayd barkes come downe this riuer againe laden with reals of plate, and bring downe from those places no other commodities but treasure. The shortnesse of the returne of the voyage to Peru. It is a woonderfull thing to behold the great gaine and profit which is gotten in this riuer and in this countrey. I am ashamed to write it, fearing that I shall not be beleeued. For the imployment of one hundred ducats in spaine, being brought hither, will yeeld twelue hundred and fifteene hundred ducats profit. This trade hath beene vsed but within this yeere. The rich trade was begunne in the yere 1595. For wee can goe vp to the mines of Potosi, which are the best and the richest mines in all Peru.[29] If the merchants of Spaine and Portugall did know this trade, they would not send nor venture so much merchandise to Cartagena as
they doe. For vp this riuer is a great deale the neerer way, and the easier to go to Peru. For the Peruleros or merchants of Peru, which dwell there, come downe to this harbour and riuer of Ienero, and bring with them fifteene thousand and twentie thousand ducats in reals of plate and gold, and imploy it heere in this riuer in commodities: and when heere are no commodities to be had for money in this place, then these merchants of Peru, are constrained to go to Baia and Fernambuc, and there to imploy their money. The voyage of Angola in Africa. I would I had brought good store of silks, and not these kinde of commodities which I did bring. For here is more profit to be had a great deale then in the voyage of Angola. For heere with fiue hundred ducats in fiue moneths space a man may get sixe thousand ducats. And this is no fable, but most true, and a great deale more then I can expresse. For a rapier Which doeth cost in Spaine foure and twenty and sixe and twenty reals, is sold heere for forty and fifty ducats: a bridle for a horse is solde for fifteene ducats; a lock of a doore and the key is solde for ten ducats: a pound of beniamin is solde for fifteene ducats: a yard of veluet is solde for twenty and fiue and twenty ducats: taffataes are solde for sixe and seuen ducats the vare: an ownce of muske, is solde for forty ducats: and all kinde of commodities after this rate. Gaine of ten thousand ducats for the laying out of one thousand. So one thousand ducats of Spanish commodities will gaine tenne thousand ducats. Thus I hope in God to make more profit and gaine this voyage, then in two voyages to Angola: for I haue solde most of my hats for two duckets and a halfe and for three ducats. The rest I will cary to Angola, to helpe to sell the rest of my commodities, which I cannot sell in this riuer. And I haue solde an hundred cubits of broad cloth for fiue hundred and fiue hundred and fifty and sixe hundred reys the cubit. A trade of buying Negros in Angola. If I would haue solde all my cloth for ready money tolde downe for foure hundred and fifty and fiue hundred reyes, the merchants would haue bought it all of me: but I would sell no more, because I meant to exchange it in Angola for Negros. Howbeit with ready money in hand in Angola a man shall buy better Negros, and better cheape. The captaine of our ship solde all his cloth for ready money for fore hundred and fifty reys the cubit, and thought that he had made a good market, but he hath deceiued himselfe. I solde six broad clothes for fiue hundred and fifty reys the cubit: and I was offered
thirty thousand reys for a cloth. Vineger is solde for two and thirty, sixe and thirty, and forty reals a iarre, by reason there is great store of limmons and orenges in the countrey: but in Angola it is more woorth. Oliues are solde for halfe a reall a piece: wherefore I hope to sell the hogshead for twenty thousand reys. In taffataes and veluets there will be gotten two hundred and fifty and three hundred for one hundred. If I had brought great store, I could haue solde it all at this rate. I haue already gotten great store of reals of plate: for it is tolde mee that money is a good commodity in Angola. But I must imploy some in meale, which is in the grinding. All the rest of my money I will send you by billes of exchange, and some part I wil imploy in sugars: for I haue sent order to Baia for that purpose. For from this place there is no shipping that doth go that way. So these letters I do send by the way of Fernambuc, and haue directed them to my cousin: for I do determine to settle my selfe here in this countrey. There is come downe from Peru, by this riuer of Plate, a merchant called Alonso Ramires, and he hath brought downe with him ten or twelue thousand ducats in reals of plate, and is come downe to this place to build him a ship to returne into Spaine; and there is come in his company a bishop. And thus Iesus Christ send you long health.
Your louing brother Francis Suares.
[29] By Peru, Bolivia is here meant, Potosi can be reached from Rio de la Plata by ascending the river Paraguay to its junction with the Pilcomayo, and thence ascending that river.