it is also understood that the people of China, in spite of possessing weapons, horses, and artillery, are but little superior in valor to the Indians. Commercial relations are now beginning to be established with the Chinese; but until this is definitely completed the hopes of the merchants here will not rise, in spite of all I do and contrive with them to encourage and spur them on; for, to tell the truth, no certain information comes of a nature to induce them to go. And one of the difficulties consequent upon this commerce and intercourse is, that neither from this land nor from España, so far as can now be learned, can anything be exported thither which they do not already possess. They have an abundance of silks, and linen likewise, according to report. Cloths, on account of the heat prevalent in the country, they neither use nor value. Sugar exists in great abundance. Wax, drugs, and cotton are super-abundant in the islands, whither the Chinese go to obtain them by barter. And thus, to make a long matter short, the commerce with that land must be carried on with silver, which they value above all other things; and I am uncertain whether your Majesty will consent to this on account of having to send it to a foreign kingdom. I beg your Majesty to consider all these matters, to inform me concerning them, and to give explicit orders to the person in charge here so that no mistakes may be made.
The management of affairs here is attended with great difficulty, especially concerning the people who shall go; for it is almost necessary to force them to go. Also with regard to the ships, which are taken wherever they can be found. Usually they are miserable little vessels, which draw but little water, and cost
