This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1811 edition. Excerpt: ...quantity of gold and silver extracted from the mines of America, since 1492, does not amount to more than 5706 millions of piastres. f Upwards of 25 millions Sterling. Trans, colonies are one third less than those laid on the people of the Peninsula. At the period of the great catastrophe, by which England ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1811 edition. Excerpt: ...quantity of gold and silver extracted from the mines of America, since 1492, does not amount to more than 5706 millions of piastres. f Upwards of 25 millions Sterling. Trans, colonies are one third less than those laid on the people of the Peninsula. At the period of the great catastrophe, by which England lost nearly the whole of her continental possessions in America, several political writers examined the influence which the separation of the Spanish colonies, would directly have on the finances of the court of Madrid. The statements which we have given respecting the general situation of the finances of Spain, in 1804, enable us to furnish some data for the solution of this important problem. If the whole of Spanish America had declared itself independent, at the period of the revolt of the Inca Tupac-Amaru; this event alone would have produced several effects: 1st. It would have deprived the royal treasury of Madrid, of an annual receipt of from eight to nine millions of piastres, of net revenue (liquido remisible) of the colonies; 2dly, It would have produced a considerable diminution of the commerce of the Peninsula, because the Spanish American, freed from the monopoly which the Mother Country has exercised for three hundred years, wrould have drawn directly the foreign goods which he wanted, from countries not subject to Spain; 3dly. This change of the direction of the com See vol. i. p. 200. merce of the colonies, would have occasioned a diminution of the duties levied in the custom-houses of the Peninsula, estimated at five millions of piastres; 4thly, The separation of the colonies would have ruined several Spanish manufactures, which are mostly sup-ported by the forced sale which they find in America, being unable, in their present...
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