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.
One of the most flourishing establishments in 1842, was the
Zacatecano-Mejicano Mining Company of Fresnillo. Its 120 shares, which
originally cost $22,800, were still held by Spaniards and Mexicans.
These mines were originally wrought by the state of Zacatecas; but, in
1836, Santa Anna took possession, by an alleged right of conquest, and
rented them for twelve years, to the successful company. In the first
half year of 1841, they produced $1,025,113, at a cost of $761,800, or a
clear profit of $263,313.
* * * * *
Mexico, under the colonial system with the immense product of her mines,
and notwithstanding the richness of her soil for agricultural purposes,
became almost entirely a silver producing country. The policy of Spain
was, as we have already often stated, to be the workshop of the New
World, while Mexico and Peru were the treasures of the Old. The
consequence of this was natural. Mexico, one of the finest agricultural
and grazing lands in the world, but with no temptations to export her
natural products, as she had no markets for them elsewhere, and no
roads, canals, or rivers to convey her products to seaports for shipment
even if she had possessed consumers in Europe, at once devoted herself
to her mines which were to be both wealth and the representatives of
wealth. Her agriculture, accordingly, assumed the standard of the mere
national home consumption, while the pastoral and horticultural
interests followed the same line, except perhaps, within late years in
California, where a profitable trade was carried on by the missions in
hides and tallow. From this restrictive law of exportation we of course
except vainilla, cochineal and a few other minor articles.
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