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Baggs, Charles Michael

"om Their Earliest Relations with European Nations to the Close of the Nineteenth Century"

Then they start on their voyage at the end of the month of
June, with the first vendavals.
This trade and commerce is so great and profitable, and easy to
control--for it only lasts three months in the year, from the
time of the arrival of the ships with their merchandise, until
those vessels that go to Nueva Espana take that merchandise--that
the Spaniards do not apply themselves to, or engage in, any other
industry. Consequently, there is no husbandry or field-labor worthy of
consideration. Neither do the Spaniards work the gold mines or placers,
which are numerous. They do not engage in many other industries that
they could turn to with great profit, if the Chinese trade should
fail them. That trade has been very hurtful and prejudicial in
this respect, as well as for the occupations and farm industries in
which the natives used to engage. Now the latter are abandoning and
forgetting those labors. Besides, there is the great harm and loss
resulting from the immense amount of silver that passes annually by
this way [of the trade], into the possession of infidels, which can
never, by any way, return into the possession of the Spaniards.


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