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The Spaniards withdrew the silver from the American mines in their colonies (like the great silver mines of Potosà in modern Bolivia) and turned it into coins in Spain proper. Then Spanish merchants sailed to China to exchange these silver coins for Chinese goods that they desired, like porcelain or silk, and this is how that American silver would end up in China.
What else can I help you with?
What did the Spanish gain after the Spanish American War?
It received $20 million.
Did the US gain Panama in the Spanish American War?
No it did not.
Did America gain popularity from the Spanish-American war?
The US was recognized as a World Power as a result of the Spanish American War.
What was the goal of the Secretary of State John Hays open door policy?
To gain equal trade rights for American commerce in China.
Goal of US during the Spanish - American War was to?
Gain independence for Cuba.
What territories did the US NOT gain as a result of its victory in the Spanish American War?
It did not gain Midway Atoll. It did not gain Wake Island. It did not gain Palmyra Atoll. It did not gain the US Virgin Islands. It did not gain American Samoa, Alaska or Hawaii from the Spanish American War.
What did US aim to gain in the Spanish American War?
Cuban Independence.
How did the US gain land through imperialism?
In the Spanish American War.
Which territory gain limited independence after the spanish-American war?
Cuba
How did the Spanish gain control of Cuba before the Spanish American War?
Because America does not own Cuba...
Which territory did the US not gain as a result of the Spanish American War?
American Samoa and the US Virgin Islands.
Which territory did US not gain in its victory in the Spanish American War?
The US did not gain their current territories of American Samoa, US Virgin Islands, or the Northern Mariana Islands as a result of the Spanish-American War.The US did gain the Philippines, Guam, Puerto Rico, and Cuba as a result of the Spanish-American War.
