that the most delicate and luxurious articles of dress were made of it. The Aztecs possessed the art of spinning it to an extreme degree of fineness and of imparting to it the beautiful and brilliant dyes for which they were celebrated; but both these mysteries were entirely lost in the general destruction of aboriginal arts and records by the Spaniards. Notwithstanding the natural anxiety of Spain to furnish her colonists with her manufactures, she could never prevent the people from weaving and wearing this spontataneous product of their soil. And, although the cultivation of the raw material was neglected or not pursued with the ingenious industry that would have made it a great staple product, it is nevertheless estimated that the annual value of the domestic manufacture in Mexico amounted to about $5,000,000. After the consummation of national independence, foreign nations hastened to seize the trade of Mexico and to fill the markets with an abundant but costly supply of European and American stuffs. The drain of the precious metals which this caused from a country that possessed no other article of export to pay for the imported merchandize by exchanges, soon alarmed the financiers of Mexico, and acordingly a higher scale of duties was adopted for the encouragement of domestic manufactures. This, for a long time, served only to augment the cost of apparel to the Mexican consumer, whilst it had no other material effect upon the fabrics of the country except to seduce a number of wealthy landholders into the erection of factories, which have cost them, at least, ten if not twelve millions of dollars. Unluckily, however, this amounted merely to the creation of vast establishments which could not rely upon the resources of the country for their supply, for the factories were built before the farms were opened by which they were to be furnished with the staple!
It is a fact, therefore, not very generally known, that Mexico has become a manufacturing country. The water power which is abundant in many parts of a mountainous region like that of Mexico, affords great facilities for such establishments.
In 1843 there were 53 cotton factories in the republic with a total of 131,280 spindles, and it was estimated that,—looking to Mexico alone for the supply,—there would be an annual deficiency of a large quantity of the raw material. This calculation, it must be remembered, does not include the consumption of cotton by hand looms, an immense number of which are in constant use through the republic.
In consequence of this evident deficiency, and the prospect of
