[The Philippine Islands, 1493-1898 by Emma Helen Blair]@TWC D-Link book
The Philippine Islands, 1493-1898

CHAPTER V
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They pay eight and one-half per cent at Goa, both for entrance and for clearance; and the same is true at Malaca, going and coming to [India ?] But they do not pay in [Macan ?] because they return thither.
When the ship sails from Goa to China, it carries silver in money and in wrought pieces (as I saw), of these two or three thousand; ivory, velvet from Espana and other places, and fine scarlet cloth [_grana_]; one hundred and fifty or two hundred pipes of wine; about six other pipes of oil; also olives, and capers.

One is surprised at the cheapness of these things in Machan since they are brought from Espana to Goa, and thence to China, a distance of more than one thousand leguas.

What most surprised me was to see that a cuarto of wine is worth one real, which is about its worth in Lisboa.

A jar of oil at eight or ten reals, or at the most twelve, is worth at Machan when it comes from Espana five, six, or eight pesos per botija, counting eight reals to the peso.

A cuartillo of wine at four reals, is sold at little or nothing.


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