Page:Mexico (1829) Volumes 1 and 2.djvu/406

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366 MEXICO. 21,750,249 dollars;* to which Humboldt adds 1,249,751 dollars, for silver not included in the Mint returns. But the Coinage from 1803 to 1810 inclusive, averaged 24,016,182 dollars, (the total amount of the dollars regis- tered in the Mint of Mexico, in these seven years, having been 168,113,278:) and this circumstance sufficiently ac- counts for the difference in the average produce of the whole term, as given in the Essai Politique, and in the present cal- culation. With regard to the benefit actually derived by the country from its mineral treasures, or, in other words, the annual ad- dition to the circulating medium, (after paying the diff'erence between the Imports and Exports, and the remittances on the account of the Royal Treasury,) which Humboldt estimates at one million of dollars in each year, the increased Produce likewise accounts for the increase in the annual ac- cumulation, which I have estimated at two millions of dollars. I have no data that will warrant me in rating the average annual Exports, during the fifteen years now under consi- deration, higher than I have done, viz. : twenty-two millions of dollars ; although, if we divide that term into two periods, of eight and seven years, (from 1796 to 1803, and from 1804 to 1810 inclusive,-}-) we shall find the average of the commer- cial Exports to have varied from 8,561,753 dollars, to 12,105,047 dollars. In the exports of the Royal Treasury, I do not believe that there was any material change. There is, therefore, nothing in the fluctuations of the Commercial Ex- ports to affect the calculation with regard to the average of the whole term ; while the Produce, undoubtedly, rather ex- ceeded, than fell short of, the twenty-four millions of dollars at which I have estimated it ; 1,192,381 dollars being, in the

  • The Mint returns from 1796 to 1803 (inclusive,) give 174,001^998

dollars as the total ("oinage during the eight years. t Total Exports from 1796 to 1803, (Veracruz,) 56,859,768 dollars. Total Exports from 1804. to 1810, 84,735,332 dollars.