1493-1520........  $3,855,000    $1,953,000
1521-1544........   4,759,000     3,749,000
1545-1560........   5,657,000    12,950,000
1561-1580........   4,546,000    12,447,000
1581-1600........   4,905,000    17,409,000
1601-1620........   5,662,000    17,538,000
1621-1640........   5,516,000    16,358,000
1641-1660........   5,829,000    15,223,000
1661-1680........   6,154,000    14,006,000
1681-1700........   7,154,000    14,209,000   14.81-15.20
1701-1720........   8,520,000    14,779,000   15.04-15.52
1721-1740........  12,681,000    17,921,000   14.81-15.41
1741-1760........  16,356,000    22,158,000   14.14-15.26
1761-1780........  13,761,000    27,128,000   14.52-15.27
1781-1800........  11,823,000    36,534,000   14.42-15.74
1801-1810........  11,815,000    37,161,000   15.26-16.08
1811-1820........   7,606,000    22,474,000   15.04-16.25
1821-1830........   9,448,000    19,141,000   15.70-15.95
1831-1840........  13,484,000    24,788,000   15.62-15.93
1841-1850........  36,393,000    32,434,000   15.70-15.93
1851-1855........ 131,268,000    36,827,000   15.33-15.59
1856-1860........ 136,946,000    37,611,000   15.19-15.38
1861-1865........ 131,728,000    45,764,000   15.26-15.44
1866-1870........ 127,537,000    55,652,000   15.43-15.60
1871-1872........ 113,431,000    81,849,000   15.57-15.65
1873.............  96,200,000    81,800,000
1874.............  90,750,000    71,500,000
1875.............  97,500,000    80,500,000
1876............. 103,700,000    87,600,000
1877............. 114,000,000    81,000,000
1878............. 119,000,000    95,000,000
1879............. 109,000,000    96,000,000
1880............. 106,500,000    96,700,000
1881............. 103,000,000   102,000,000
1882............. 102,000,000   111,800,000
1883.............  95,400,000   115,300,000
1884............. 101,700,000   105,500,000
1885............. 108,400,000   118,500,000
1886............. 106,000,000   120,600,000
1887............. 105,000,000   124,366,000
1888............. 109,900,000   142,107,000
1889............. 118,800,000   162,690,000
1890............. 118,848,700   172,234,500
1891............. 126,183,500   186,446,880
1892............. 138,861,000   196,458,800

Thus we see that, for twenty-seven years after the discovery of America, the gold production was double that of silver; for the next eighty years the production of silver was considerably more than double that of gold; for the next one hundred years the production of silver was more than 2-1/2 times that of gold, and for the next century and a half, to wit, from 1701 to 1850, inclusive, despite the fact of the tremendous gain of gold in the last few years, the production of silver fell but little short of twice that of gold.  And yet, the variations in coin value were of the trifling character previously stated.  When taken by shorter periods, the argument is still more startling.  Thus in 1801-20 the production was almost exactly 4 of silver to 1 of gold; for the next twenty years