236 DECLINE IN PRODUCE CHAP. XXV. 



rated from it, partly owing to there being no 

 establishment for that purpose near the mines, but 

 chiefly from the despatch which the domestic state 

 of affairs rendered indispensable, in issuing the 

 coined money. Many millions of these last dol- 

 lars in the course of circulation found their way 

 to Europe, when the refiners in London and Paris, 

 to their great gain, soon separated the gold from 

 the silver. The dollars of that description have 

 at length almost wholly disappeared, but their 

 melting has added considerably to the stock of 

 gold in Europe. 



Mr. Ward has traced with much inquiry and 

 apparent accuracy the effect which the melancholy 

 political events of Mexico have had on the pro- 

 duct of the chief commodities of the territory, 

 gold and silver. He very properly has judged the 

 quantity of coin fabricated l as the best scale by 

 which to form a judgment, and has corrected his 

 estimate by what information he could obtain re- 

 specting the actual produce of the mines, and by 

 the number of dollars which were exported to 

 other parts of the world. 



He has made a different division of the series 

 of years from the one here adopted, having framed 

 tables of fifteen years each, one from 1796 to 

 1810 inclusive, the other from 1811 to 1825; 



1 See Appendix, No. 7- 



