Galleon Trade, Royal Subsidy, Obras Pias, Tributes and Tobacco Monopoly.

The galleon trade A.K.A. Manila-Acapulco trede was used to ship products from the Philippines to Mexico. It is said that this galleon trade lasted for 200 years.

A galleon trade is a process which usually includes the governor general, members of the royal audiencia, the clergy, local officials, widows of spanish officials, etc. they were the one who could participate to this activity.
Vut everyone can join ! But they have to purchase a balota for 250 pesos. Only it's sponsors and participants are the only benefitors of this activity. It has nothing to develop for our country.


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The Royal subsidy is about the governor general's evil plan to fill his pocket. The governor general is so greedy that he will send a letter to the king of Spain for more money. He says that they're running out of money because of the Philippines' expenses.

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The Obras Pias were the 1st financial group in Manila. It is consist of the banks. In the Obras Pias, you could loan some money. This so called OBRAS PIAS, was also responsible for any financial cases in the Philippines.

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The tributes is the taxes. You can pay it by cash or material things. On 1570, each family is required to pay 8 reales which is equivalent to one peso. For single person, he/she is required to pay 1/2 peso. The tax collection will be distributed, it is used for construction and a portion of it is given in the church. On 1884, the tribute was replaced by the cedula, which includes Filipinos aged 18 years old and above were required to work in order to pay their taxes, in return thay will be given a residence certificate.

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The Tobacco Monopoly was established by Governor-General Jose Basco on March 1, 1782. The Tobacco Monopoly made the Philippines known for their quality tobacco. Each family is required to sell Tobacco and must not left any leaves tobacco for them. It incresed the industry of Tobacco, but decreased the industry of rice, because the farmers were not allowed to harvest any crops except tobacco. Allast it was abolished by Governor GeneraL Primo de Rivera in 1882.

Bandala system

On the Bandala system, Filipino farmers were required to sell their harvest to the government. They like it or not, they need it or not. they have to sell them to the government, in exchange for a piece of paper containing a promise to pay (promisorry note). The thing is, the government officilas doesn't have any palabra de honor even though we inherited that trait from them. Even with a promisorry note, they wouldn't pay the farmers in the end.

So, the poor farmers will someday be needing their crops back, so that they could survive hunger. They would buy back their products from the government, but the government officilas, being so greedy of money, will set the price of the products at a higher price, even though the farmers sold their agricultural products to them at a cheap price !