Mexico and Her People of To-day: An Account of the Customs, Characteristics, Amusements, History and Advancement of the Mexicans, and the Development and Resources of Their CountryWinter, Nevin O. (Nevin Otto)
History
Mexico and Her People of To-day: An Account of the Customs, Characteristics, Amusements, History and Advancement of the Mexicans, and the Development and Resources of Their Country
Winter, Nevin O. (Nevin Otto)
Mexico; National characteristics, Mexican
No country can compare with Mexico in the amount of silver of pure
quality that has been produced. The largest lump of silver ever found,
weighing two thousand seven hundred and fifty pounds, was discovered by
a poor Indian in the State of Sonora. Because of a dispute as to the
ownership, the crown solved the question by appropriating the entire
amount. In fact the crown at first claimed two-thirds of all the precious
metals mined which was afterwards reduced to one-fifth. Some authorities
estimate the amount of silver that has been produced in Mexico at the
enormous sum of $6,000,000,000, but two-thirds of that sum is probably in
excess of the real value. The Taxco, Tzumepanco and Temezcaltepec mines
date from 1539 but the greatest number of the “bonanzas” were discovered
between 1550 and 1700. Many of them were located by priests, who, urged
on by a fanatical zeal to convert the natives, pushed forth into unknown
regions, and literally stumbled upon the rich ore-bearing quartz. The
Spanish viceregal government kept an accurate account of the silver mined
in their red-tape method, for the royal one-fifth was carefully and
jealously looked after. Mine owners were compelled to make their reports
regularly and correctly. A reference to these reports shows a record of
almost untold wealth when it is remembered that this was long before the
depreciation of silver.
The story of the bonanza kings makes interesting reading. They made money
so fast that it was almost impossible to spend it except over the gaming
table, in those days before the invention of modern surplus-reducing
luxuries. One man, Zambrano, discovered a mine that made him extremely
wealthy. Although he lived in the various capitals of Europe as
extravagantly as the age permitted, yet he left a comfortable little
fortune of $60,000,000 for his heirs to fight over. He even proposed to
lay a sidewalk of silver bars in front of his house, but the authorities
objected. He took out fifty-five million ounces of silver from one mine
in twelve years as is shown by the government records.
Many of those who accumulated great fortunes were made grandees of Spain
and some of the present titled families in that country are descendants
of the famous bonanza kings of Mexico. Juan de Oñata who colonized New
Mexico at his own expense, founding Santa Fe, and became its first
governor about 1598, was a son of one of the mining kings, and the wealth
dug out of the earth in old Mexico by his father furnished the means for
founding that state.
Public-domain text, read in full here on John Shaqi.
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