This is Humboldt's estimate in the essay cited in this section. We think it rather too large, yet give it upon such high authority. See our general table of Mexican coinage.

Ward's Mexico in 1827, vol. ii, p. 151.

Ward, ut antea.

See report of the Mexican Minister of Foreign Relations for 1846, at page 139, of Documentos Justificativos.

Whilst these pages are passing through the press information has been received from the Mexican gazettes that in 1846 there were sixty-two cotton factories for spinning and weaving, and five for manufacturing woollens;—that the first mentioned have been greatly improved by the introduction of the best kinds of machinery, and that two new factories for woollens have been set in operation in the state of Mexico, which produce cloths and cassimeres that are eagerly purchased by the best classes. The cost of these fabrics is not mentioned, but it is probably fifty per cent. higher than if manufactured in the United States.