Page:Mexico in 1827 Vol 2.djvu/29

From Wikisource
Jump to navigation Jump to search
This page has been validated.
MEXICO IN 1827.
15

averaged 24,016,182 dollars (the total amount of the dollars registered in the Mint of Mexico, in these seven years, having been 168,113,278): and this circumstance sufficiently accounts for the difference in the average produce of the whole term, as given in the Essai Politique, and in the present calculation.

With regard to the benefit actually derived by the country from its mineral treasures, or, in other words, the annual addition to the circulating medium, (after paying the difference 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 accumulation, 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 consideration, 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,[1]) we shall find the Average of the Commercial 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

  1. Total Exports from 1796 to 1803, (Veracruz) 56,859,768 dollars. Total Exports from 1804 to 1810, 84,735,332 dollars.