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 not through trade. Those who are engaged in this trade are merely transients, and those islands are merely a place of lading for this commerce; for all, or the greater part, of the merchandise comes from China. The Spaniards derive two, three, or four thousand ducats from anchorage alone; this is the fee for the privilege of anchoring the ship. The lure of the cheapness of the merchandise overcomes all other considerations. This hinders the prosperity of the people, and furnishes them no aid in the most important thing, namely, the settlement of the islands, and the discovery and operation of the gold mines there. We came to the conclusion that the trade and commerce of the said islands, as far as the said merchandise is concerned, should be abolished, and that these wares should not be carried to Nueva España or other parts of the Indias, in order that the trade of these kingdoms—a most important matter—may continue. A communication to this effect should be addressed to the viceroy of Nueva España, recounting to him the aforesaid disadvantages; and advising him that, unless he shall encounter other obstacles so great as to prevent him from taking such action, he should prohibit the traffic in the above-mentioned merchandise from China, and order the cessation of such commerce with that country. If he find too great difficulties in the way, then he should give advice thereof, together with his opinion. In the meantime, he should make such provision as he shall find most expedient. To save time, the decree in accordance with this recommendation accompanies the present communication; and it shall be sent by this fleet, if your Majesty will have the goodness to sign it. Madrid, June 17, 1586.