Mexico, Aztec, Spanish and Republican, Vol. 2 of 2: A Historical, Geographical, Political, Statistical and Social Account of that Country from the Period of the Invasion by the Spaniards to the Present Time.Mayer, Brantz
History
Mexico, Aztec, Spanish and Republican, Vol. 2 of 2: A Historical, Geographical, Political, Statistical and Social Account of that Country from the Period of the Invasion by the Spaniards to the Present Time.
The mint at Guanajuato, or the right to coin at that place, was
contracted for, in 1842, by a most respectable foreign house in Mexico,
for $71,000 _cash_, for the term of _fourteen years_, at the same time
that another offer was before the government, stipulating for the
payment of $400,000 for the same period, payable in annual instalments
of $25,000 each. The $71,000 in hand, were, however, deemed of more
value than the prospective four hundred thousand. This mint yielded a
net annual income of $60,000.
These are a few examples presented in illustration of the spendthrift
abandonment of the real resources of the country; and the character of
the transactions at once discloses the true origin and continuance of
national discredit. The demand of the hour was irresistible, and if the
minister or the president was unable to comply with it, his political
fate was sealed, perhaps forever. The _isolated_ good or evil measures
adopted by financiers, have only tended to augment the confusion. Each
government, of the thirty or more which have swayed Mexico since her
independence, has been forced to contend not only with its own errors
but with those of its predecessors; and hence the public has naturally
lost faith and hope in politicians as soon as they assumed the helm of
state. No matter what the personal character, or what the financial
talents of ministers might be, the people believed them to be
immediately compromised or paralized by circumstances and political
necessity.
We will present the reader a view of Mexican _national expenses_,
according to ministerial estimates during a series of years between the
establishment of the federal constitution in 1824 and the war with the
United States. This statement, in regard to a country which has been
stationary in population and industry, with an augmenting outlay of
money, is somewhat remarkable:
1825 the national expenses were $17,100,000
1826 " " " 16,666,463
1827 to 1828 " " " 13,363,098
1828 to 1829 the national expenses were 15,604,000
1830 to 1831 " " " 17,438,000
1832 to 1833 " " " 22,392,000
According to report of commissioners to
Chamber of Deputies in 1846, 21,254,134
Period of Santa Anna's administration, 25,222,304
These dates, it will be observed comprehend epochs in which the country
has been governed by the federal system as well as those in which
extraordinary powers were conferred on national magistrates. In the
preceding yearly amounts, it should be recollected, that a few of them
comprise occasional sums paid on account of the foreign and domestic
debt; but, on an average, thirteen millions of dollars may be considered
as the annual outlay.
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