vessels, when nothing better offers for them to do, will go on to the Laguna, and supersede the clumsy cascos which now solely navigate the lake and bring down the produce of the fruitful country which surrounds it, to dispose of in the market of Manilla.
Without the walls nearly all the trade is carried on, the Escolta and Rosario, on that side of the river, being the principal streets, built however without any regard to regularity, so that they are not handsome, but in them nearly all the best Chinamen's shops are situated. These are in general very small confined places, though crammed with manufactures, the produce of Manchester, Glasgow, Birmingham, and of many other European and Chinese manufacturing marts. Some of the shops may also be seen stuffed to the door with the valuable Pi?a cloth, hus��, and other productions of the native looms.
The great object of the Chinese shopmen appears to be, to show the most varied, and frequently miscellaneous, collection of goods in the smallest possible space; as, their shops being for the most part not more than ten feet broad towards the street, leaves but little space besides the doorway to display the attractions of their wares, and every inch has to be made the most of by them. These China shopkeepers have nearly driven all competition, except with each other out of the market,--very few Mestizos or Spaniards being able to live on the small profits which the competition among themselves has reduced them to. A China shopkeeper generally makes his shop his home, all of them sleeping in those confined dens at night, from which, on opening their doors about five in the morning, as they usually do, a most noisome and pestiferous smell issues and is diffused through the streets. The Mestizos cannot do this, but must have a house to live in out of the profits of the shop; and the consequence has been, that when their shopkeeping profits could no longer do that, they have nearly all betaken themselves to other more suitable occupations, from which the energies of their Chinese rivals are less likely to drive them. The number of Chinamen in Manilla and throughout the islands is very great, and nearly the whole provincial trade in manufactured goods is in their hands. Numerous traders of that nation have shops opened throughout the islands, their business being carried on by one of their own countrymen, generally the principal person of the concern, who remains resident at Manilla, while his various agents in the country keep him advised of their wants, to meet which he makes large purchases from the merchants, and forwards the same to his country friends. Besides having many shops in the provinces, each of these head men is generally in the habit of having a number of shops in Manilla, sometimes upwards of a dozen being frequently all contiguous to one another, so that any one going into one of his shops and asking for something the price of which appears too dear, refuses it and goes to the next shop, which probably belongs to the same man, and is likely to buy it, as he is apt to think--because they all ask the same price--that it cannot be got cheaper elsewhere, so gives the amount demanded for it, although it is probably very much too dear.
There is another advantage which the Chinese have found from the system they pursue,--that large purchasers of goods from the merchants who import them for sale are frequently able to buy them for less money than those smaller traders who are not in the habit of making purchases to the same amount from the importers,--as the credit of a small dealer is not sufficiently good to induce a merchant to sell them more than he imagines he is likely to be paid for.
In these Chinese shops, the owner usually engages all the activity of his countrymen employed by him in them, by giving each of them a share in the profits of the concern, or, in fact, by making them all small partners in the business, of which he of course takes care to retain the lion's share, so that while doing good for him by managing it well, they are also benefiting themselves. To such an extent is this principle carried, that it is usual to give even their coolies a share in the profits of the business in lieu of fixed wages, and the plan appears to suit their temper well; for although they are in general most complete eye-servants when working for a fixed wage, they are found to be most industrious and useful ones when interested even for the smallest share.
The amount of business done by some of these Chinamen with the principal importers of manufactured goods,
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