be illustrated in this way. Should a Spaniard
buy food or anything else from a native, the Moro
immediately takes out the touchstone which he carries
with him; and, even if the value be not over two reals,
he takes great pains to see if the gold be conformable
to the aforesaid standard. Although it may be
stamped and assayed, the Indian will trust to no reckoning
but his own. Neither is there any rule by which
to pay, beyond the weight and value of the gold; this
applies likewise to the orejeras or panica, for all
the gold which is used in trade is mixed with other
substances, to make the other grades of base gold.
Although I have intended and tried to remedy this,
it is impossible, as the majority of them are silversmiths
for this very purpose; and if any restrictions were
made, they would think that they were about to be
ruined. It has seemed to me that the country is
very new for establishing any other currency than
gold, which here is like the king’s fifth of
silver in Nueva Espana. I have written to this
effect to the viceroy, a copy of which letter accompanies
this, and a report concerning this matter; also an
account of the gold paid to the royal treasury, and
the trade effected by all the Spaniards. The
Chinese will not take the panica at more than four
pesos of texuela to the tae[l] which, they say, is
of that value in their country and they lose one llealla
by so doing. This is the weight called tae,
and comes from China. It weighs more than one
onza, two adarmes; so that three taes and thirteen
maes are worth two Castilian marcos, or one livra.
[13] When I came here the viceroy of Mexico sent an
assayer, saying that one had been requested from here.
After his arrival no one brought him anything to assay,
as he was young and inexperienced in treating gold.
Losses suffered at the beginning by those who tried
to have gold assayed caused us to abandon the attempt.
The Moros understand the laws of gold better than
we do. I have given notice of [original illegible].
It may be of service to the royal estate. I have
given information thereof which will accompany this,
and I think that it is impossible to exercise more
diligence. I have ordered that, when the gold
enters into possession of the officials of the royal
estate, they shall value it before a notary, so that
it shall be issued in the same way that it entered.
This is done because there seems to be no other remedy,
as the Moros, with their standards, buy up all the
money of current gold, and necessarily at the prices
which they themselves give to it in their debts and
traffic.
As provisions were wont to be sent from Nueva Espana every year, there were also sent reals until I came. Since then, none have been sent; nor has any money been given to me. On the other hand, I have announced to the public that it is outrageous that we do not serve your Majesty by sending some gold from here; and that even to think of their sending money from there would be to argue that we do not know how to