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12 must be encountered, and the impossibility of so entirely surmounting them as to arrive at any very accurate conclusion, I shall proceed, without farther preamble, to state the results of my enquiries with regard to the Produce and Exports of each of the two periods under consideration.

By the annexed Table, (No. 1,) it appears that the registered Coinage of the Mint of Mexico, from the year 1796 to the year 1810, (inclusive,) amounted to 342,114,285 dollars; which gives an average of 22,807,619 dollars for each year.

To this I should add for Silver, (registered and unregistered), not coined, 1,192,381 dollars; thus giving Twenty-four millions of dollars as the whole annual average Produce of the Mines of Mexico during the fifteen years which immediately preceded the Revolution of 1810.

The registered Exportation from Veracruz, during the same period, on the account of the merchants, was, according to the Balanza General, or Annual Report of the Consulado of Veracruz,

The Average Commercial Exportation, therefore.