By Enrique Tandeter
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Additional resources for Coercion and market: silver mining in colonial Potosí, 1692-1826
Number of grinding mills in production units with mita assignments, Potosí, 1692-1799 130 18. Leases of ingenios with mita assignments, Potosí, 1793 134 19. Mortgages on ingenios, Potosí, 1779-1810 136 20. Selected renters receiving regular credit from the Royal Bank of San Carlos, Potosí, 1781-1810 147 21. Average yield of ore processed at ingenios with mita assignments, Potosí, 1790-93 155 22. Income, costs, and surplus during 15 weeks of operation for 10 ingenios with mita assignments, Potosí, 1790-93 158 23.
As Carrière noted, "until this time, shipowners reckoned in terms of hundreds of thousands of pounds; now, a million pounds entered into their speculations. . 5 percent, respectively. 26 The consequences of this trade were no less monumental in Peru. 28 In July 1710, the chronicler Arzáns noted the response in Potosí to news that five French ships had been spotted along the coast: the excitement among the Spanish dwellers of this city was such that . . 29 The goods seem to have saturated the tight American market rapidly, producing abrupt price decreases.
31 The Potosí mita levy, abolished in the first quarter of the nineteenth century, vividly reappears in the contemporary rituals of the feast of San Bartolomé in the village of Pocoata, in Chayanta. During the colonial period, all of the mita migrants from the Chayanta region gathered there on that day to begin their march together to Potosí. "32 In this ritual, the mita appears as the most onerous of the colonial obligations, and the farewell to the migrants assumes the dramatic character of a sacrificial immolation.