CHAP. XXV. OF VARIOUS MINES. 239 



and 1829, twelve million dollars. Upon this mode 

 of calculating, the whole gold and silver which 

 Mexico yielded in the twenty years from the be- 

 ginning of 1810 to the end of 1829 would amount 

 to two hundred and twenty million forty thou- 

 sand two hundred dollars, or an annual average 

 of eleven millions, being, at the rate hitherto 

 assumed of four shillings and two-pence the dol- 

 lar, in sterling money two million two hundred 

 and ninety-one thousand six hundred pounds. 



Besides that which was coined into money, there 

 appears also to have been produced some silver in 

 bars and some gold in ingots, which were delivered 

 to the treasury. It is shown in the Appendix, 

 No. 7> that this, in the thirty-five years from 1791 

 to 1825, was about ten million five hundred thou- 

 sand ounces of silver, and one hundred and fifteen 

 thousand one hundred and thirty ounces of gold, 

 amounting to near three million pounds sterling, 

 or on the average of the thirty-five years to eighty- 

 five thousand seven hundred pounds yearly. This 

 sum is, however, counterbalanced by a greater 

 amount of the precious metals, which, strange as it 

 may appear, Mexico actually imported from Europe. 

 We find from Mr. Ward l that three hundred and 

 ninety-six ingots of gold and four thousand two 

 hundred and sixty-three ounces of doubloons, 

 amounting together to one million six hundred 



1 Ward's Mexico, vol. ii. p. 17. 



