Political Essay on the Kingdom of New Spain Volume 4

Political Essay on the Kingdom of New Spain Volume 4

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1811 edition. Excerpt: ...that the charges supported by the inhabitants of the There were in 1805, vales, or royal obligations for the sum of 1750 millions of reals de Veil on. There is nothing formidable in the debt of Spain, when we reflect on the immense resources of that monarchy, which includes the finest parts of the globe in both hemispheres. The public debt of France before the revolution amounted to 1100 millions of piastres; and that of Great Britain, at present probably exceeds 2821 millions of piastres. In 1796 the sum of assignaU in circulation in France, amounted to 4-5,578,000,000 francs or 8681 millions of piastres (1822 millions Sterling. Trans.); but on their losing their authority (demonetisation) 100 francs of assigrtats were only equal to 3 sous, 6 deniers in specie; and according to M. Ramel, there remained in circulation, the sum of 6254 millions of piastres, which were never withdrawn. As to the mandats and rescriptiom, they were issued to the amount of 4800 piastres. These sums must appear the greater, as we have already demonstrated that not more than 1637 millions of piastres exist in Europe, and that the whole quantity of gold and silver extracted from the mines of America, since 1492, does not amount to more than 5706 mil Ans of piastres, f Upwards of 25 millions Sterling. Trans, Y ' V" colonies are one third less than those laid on the people of the Peninsula. At the period of the great catastrophe, by 0which England lost nearly the whole of her continental possessions in America, several political writers examined the influence which the separation of the Spanish colonies, would directly have on the finances of the court of Madrid. The statements which we have given respecting the general situation of the finances of Spain, in J 804, ...show more

Product details

  • Paperback | 98 pages
  • 189 x 246 x 5mm | 191g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236534654
  • 9781236534651