Note 510 — Chapter VI · THE FINDING OF STRANGE COASTS.

Footnote 510: It is not easy to give an accurate account of the cost of this most epoch-making voyage in all history. Conflicting statements by different authorities combine with the fluctuating values of different kinds of money to puzzle and mislead us. According to M. Harrisse 1,000,000 maravedis would be equivalent to 295,175 francs, or about 59,000 gold dollars of United States money at present values. Las Casas (tom. i. p. 256) says that the eighth part, raised by Columbus, was 500,000 maravedis (29,500 dollars). Account-books preserved in the archives of Simancas show that the sums paid from the treasury of Castile amounted to 1,140,000 maravedis (67,500 dollars). Assuming the statement of Las Casas to be correct, the amounts contributed would perhaps have been as follows:—