An Historical Inquiry Into the Production And Consumption of the Precious Metals
The book An Historical Inquiry Into the Production And Consumption of the Precious Metals was written by author William Jacob Here you can read free online of An Historical Inquiry Into the Production And Consumption of the Precious Metals book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is An Historical Inquiry Into the Production And Consumption of the Precious Metals a good or bad book?
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CHAP. XXI. nificant that an error cannot exist to an extent which would make a difference in the whole cal- culation of two per cent. Peru. Although there was much fluctuation in the produce of the American mines during the seven- teenth century, yet upon the whole there was an increase, though not a large one. The mines in the district of Potosi in Peru had declined to a great extent. In the first fifteen years of the cen- tury they had yielded one million six hundred and seventy thousand thre...e hundred and forty-four piastres, or about three hundred and fifty thousand pounds ; and in the last fifteen years, from 1685 to l699> both years inclusive, the average amounts to no more than five hundred and fifty-nine thou- sand nine hundred and forty-three piastres, or about one hundred and sixteen thousand six hun- dred and sixty pounds. At the first discovery of that mass of mineral wealth, the Spanish con- querors exercised the most unlimited power over the natives. They were driven to the severe labour of the mines in a cold and inhospitable climate, where subsistence was difficult to be obtained ; and the change from the deep and warm and fruitful valleys where they had passed their time in tran- quillity and abundance swept them away in great numbers.
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