Page:Mexico in 1827 Vol 2.djvu/115

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MEXICO IN 1827.
101

Brigida,) at once, (which was never the case before,) the Company may expect to derive from them a yearly return of one million and a half of dollars:—He adds another million for the other mines belonging to the Company on the Veins of Mŏrān, Ăcōstă, Săn Estĕvăn, &c., in the same district; and at Pĕchūgă, Zĭmăpān, and Ozūmătlān; and declares his expectation, "that the mines, in the course of the year 1827, will cover their own expences, and that, in 1828, the produce will be Two millions of dollars; fully equalling, if not surpassing, the annual average amount derived from them before the year 1810."

In a second Report, dated l6th March, 1827, Captain Vetch confesses that delays have occurred in the completion of the preparatory works, which will, in all probability, render some farther advances on the part of the Company necessary during the year 1827; but he does not modify his opinion with regard to the prospects of the Adventurers in any other respect, and appears to consider success in the years 1828, and 1829, as certain.

The same gentleman, in his capacity of Director of the Bolaños Company, estimates the probable annual produce of the mines of Bolaños, after the year 1828, (the whole of which will be occupied with the drainage,) at two millions of dollars, (Report of 1st October, 1826;) and he adds in a subsequent Report, (of 16th March, 1827,) that he sees no reason to change his opinion either with regard to the mines, or the time at which they may be expected to be-