[82] Many years ago, a complete set of forging machinery was sent out on speculation; it was sold as old iron, for no one of course would speculate in mines, when they could with so much more ease obtain 100 per cent. for their capital in the trade to Acapulco. [↑]

[83] That is, “to reduce them to a desert, in order to assure her empire over them.”—Eds. [↑]

[84] “By a royal decree of February 2, 1800, the residence of foreigners in Filipinas was forbidden. This mandate was renewed by royal decrees of September 3, 1807, and July 31, 1816.” (Montero y Vidal, Hist. de Filipinas, ii, p. 360.)—Eds. [↑]

[85] Perhaps much of this may be traced to the avaricious spirit of the early adventurers, and to the cruelties of the Buccaneers; and thus what might have been only a local, became from habit a national principle; though “soy Cristiano viejo” [i.e., “I am an old-time Christian”], was always the surest passport amongst an intolerant people, with whom “filosofo” is yet an epithet of reproach. [↑]

[86] Something of this is more or less visible in the colonial policy of almost all countries; but that those have been the most flourishing who have acted on the broad and liberal principle of “Ubi dives, ibi patria” [i.e., “where wealth is, there is my country”] (a humiliating but correct estimate, not only of the bulk of colonial adventurers, but of mankind in general), will scarcely be questioned. The Havannah is a splendid example. In 1780, strangers were rigorously prohibited, or at least loaded with restrictions; an enormous smuggling trade was carried on, and the island did not pay its own expenses. In 1820, when the prohibitory system had been long annihilated, and strangers allowed free intercourse and establishment, its trade had increased a hundred-fold; and not only did it suffice for its own, much more expensive establishments; but, both directly and indirectly, contributed large sums to the mother country, though at the first epoch, the profits on colonial capital were at least 30 per cent. more than at the last. [↑]

[87] “We have been told, that we must not sit under the shade of our own vines and olives! that we must not pluck the fruits from the trees which our fathers have planted!—and why—lest the merchants of Cadiz should be deprived of their profits in supplying us with wine and oil.”—From a Chilian manifesto, published soon after the declaration of independence. [↑]

[88] A valuable study of “The Spanish colonial system” is furnished by the chapter under that heading in Wilhelm Roscher’s Kolonien, Kolonial-politik und Auswanderung (Leipzig, 1885), an English translation of which is published by Prof. E. G. Bourne (New York, 1904), with some additional annotations. See also “The colonial kingdom of Spain,” in Helmolt’s History of the World (New York, 1902), which is praised by Bourne as an excellent and scholarly study by Konrad Häbler; but unfortunately the American edition of that work does not name the author of the above section. Bourne also treats this subject in a chapter of his Spain in America (New York, 1904), pp. 220–242, and at pp. 355, 356, gives a helpful list of authorities thereon.—Eds. [↑]

[89] “Ecclesiastical foundations and obras pías were, it may be said, innumerable. From the richest city to the smallest village, from one extreme of the Peninsula to the other, and even to the farthest boundaries which the monarchy reached in the period of its greatest grandeur, the acts of Christian piety are seen in various foundations. These include not only hermitages, confraternities, memorials, charitable foundations, and chaplaincies,—which by themselves alone made a total of enormous wealth—but more pretentious establishments, as convents, cathedrals, parish churches, and colleges; and any person will be surprised at those which were supported by some towns which in their present condition are reduced in population and poor. Larruga in his memoirs states that Toledo had 25 parish churches and its cathedral, 39 convents, 14 hospitals, and four colleges, in all, 83 foundations. Salamanca had more; Cuenca had 31, Avila 31, Almagro 17, and so with the other cities of Castilla.” Among these pious gifts were “the exchanges of Barcelona, Sevilla, and Valencia, the colleges of Salamanca, that of Santa Cruz of Valladolid,” and many cathedrals and convents. (Arias y Miranda, Examen crítico-histórico, p. 139.)—Eds. [↑]

[90] At one of them (I believe that of Santa Clara), the sculls of the seven founders are placed on the table at which the trustees meet!—but this, it is said, does not exempt the funds from being misapplied. [↑]

[91] It was not uncommon for a person worth ten thousand dollars to borrow 40 more from the public funds. Of these about 25 or 30,000 were shipped, and the remainder kept at home. If the ship was lost, the accounts were settled; and if she came back, the interest was always repaid,—which of course entitled them to borrow again, till a fortunate loss made them independent. And where every body did this, no one thought it incorrect. [↑]