Joló Marianas (one administrative unit): Marianas capital, Agaña, Guam. Palau Bonin Islands Spratly Islands Caroline Islands Marshall Islands Special Districts (four): Benguet, Ticao and Masbate, Comandancia del Corregidor, Lower territories of Agno. Spanish rule in the Philippines ceased in 1898 after the war with the United States, which annexed most territories, although the administrative jurisdictions remained intact. Most of the remaining territories in the Pacific Ocean were sold to Germany during the German-Spanish Treaty of 1899. Economy Manila-Acapulco galleon trade Manila was the western hub of the trans-Pacific trade. Manila galleons were constructed in Bicol and Cavite. Trade between Spain and the Philippines was via the Pacific Ocean to Mexico (Manila to Acapulco), and then across the Caribbean Sea and Atlantic Ocean to Spain (Veracruz to Cádiz). Manila became a major center of trade in Asia between the 17th and 18th centuries. All sorts of products from China, Japan, Brunei, the Moluccas and even India were sent to Manila to be sold for silver 8-Real coins which came aboard the galleons from Acapulco. These goods, including silk, porcelain, spices, lacquerware and textile products were then sent to Acapulco and from there to other parts of New Spain, Peru and Europe. The Manila-Acapulco Galleon Trade was the main source of income for the colony during its early years. Service was inaugurated in 1565 and continued into the early 19th century. The Galleon trade brought silver from New Spain, which was used to purchase Asian goods such as silk from China, spices from the Moluccas, lacquerware from Japan and Philippine cotton textiles. These goods were then exported to New Spain and ultimately Europe by way of Manila. Thus, the Philippines earned its income through the trade of the Manila-Acapulco Galleon. To Spain, the galleon trade was the link that bound the Philippines to her. While the trade did bring some results which were beneficial to the Philippines, most effects were disadvantageous. However, the trade did result in cultural and commercial exchanges between Asia and the Americas that led to the introduction of new crops and animals to the Philippines such as tomatoes, avocado, guava, papaya, pineapple, and horses. These gave the colony its first real income. The trade lasted for over two hundred years, and ceased in 1815 just before the secession of American colonies from Spain. Royal Society of Friends of the Country José de Basco y Vargas, following a royal