Real Cédula de Ereccion de la Compañía de Filipinas de 10 de marzo de 1785 by [Philippines] - [1785]

Madrid: Joaquin Ibarra, [1785]. Recent half morocco.. Ownership signature on frontisp. Copy washed. Lacks final blank f.. "In the latter part of the 18th century the Bourbon kings in Madrid and their reformist advisers acknowledged that Spain's indifference to the development of her farthest possession had become anachronistic and economically insupportable. The Royal Philippine Company, established in 1785, was one of a series of initiatives designed to stimulate Philippine agriculture and industry and to transform Manila from a modest, tightly restricted entrepôt for the Acapulco galleon into a thriving emporium from where Philippine and other Asian products would be shipped directly to the Peninsula in exchange for imports from Spain and Europe. In its charter the Company was awarded a twenty-five year monopoly of the direct Cadiz-Manila traffic . . (until) its demise in 1834, the year in which the port of Manila was formally opened to foreign vessels" (Jim Richardson, Philippines [World Bibl. Series, v. 106], p. 53). Palau XV, 249957. Pardo de Tavera 2079. British Library STC of 18th century books, S662. Ruiz Lasala 0784. Medina, Bibliografia espanola de las islas filipinas, 538.