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and, as has been shown in another place, of the
principal revenue of the crown derived from Amer-
ica. 1 Their number and productiveness steadily
increased with the advance in methods and the
additions to the number of mines worked. Hum-
boldt estimated the average annual production
from the discovery of America as follows:

YEARS PESOS
1493-1500 250,000
1500-1545 3,000,000
1545-1600 11,000,000
1600-1700 16,000,000
1700-1750 22,500,000
1750-1803 35,300,000 2

The total yield from 1493 to 1803 he put at five
billion seven hundred and six million seven hun-
dred thousand pesos. 3 At the beginning of the
nineteenth century the total annual production he
calculated to be forty-three million five hundred
thousand, or about ten times the known produc-
tion of the rest of the world. 4

____________________
1 See above, p. 241.
2 Humboldt, Ensayo Politico, III., 316.
3 Ibid., 304.
4 Ibid., 286, 288.

-301-

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Publication Information: Book Title: Spain in America, 1450-1580. Contributors: Edward Gaylord Bourne - author. Publisher: Harper & Brothers. Place of Publication: New York. Publication Year: 1904. Page Number: 301.
    
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