PREFACE
The scope of the present volume extends from 1617 to 1620. The islands are still ravaged at intervals by the Moro pirates from the southern part of the archipelago. Even worse are the losses to the commerce of the islands inflicted by the Dutch; their ships infest the seas about Luzon, and those of the Moluccas, in which region they are steadily and even rapidly gaining foothold, and securing the best commerce of those lands. Corruption in the management of the Spanish interests in the Spice Islands renders them an expensive and embarrassing possession; and the new governor, Fajardo, finds the same influence at work in the Spanish colony itself, especially among the auditors and other high officials. The colonial treasury is, as usual, short of funds, and can do little to defend the islands from the Dutch; the Madrid government is unwilling to spend much more on the Philippines, although beset with importunities to save that colony, and Spanish commerce generally, from the insolent Dutch. The usual building of ships in the islands has so harrassed and exhausted the unfortunate natives that it is necessary to have ships built for the Philippines in India and other countries where timber and labor are more abundant. The trade of the colony with China is the object of much discus-
