Cinchona in the year 1851. Mr. [Thaddäus] Haenke mentioned the existence of cinchona bark on his visit to Yuracares in 1796". (Source: Exploration of the Valley of the Amazon, by Lieut. Lardner Gibbon, USN. Vol.II, Ch.6, pp. 146-47.) The cultivation of cinchona led from the 1890s to a decline in the price of quinine but the quality and production of raw bark by the Dutch in Indonesia led them to dominate world markets. The producers of processed drugs in Europe (especially Germany) however bargained and caused fluctuations in prices which led to a Dutch-led Cinchona Agreement in 1913 that ensured a
Cinchona "plea for the correct spelling of the genus "Chinchona"". A Spanish physician, Juan Fragoso wrote of bark powder from an unknown tree in 1600 that was used for treating various ills. Nicolas Monardes also wrote of a New World bark powder used in Spain in 1574. Both identify the sources as trees that do not bear fruit and having heart-shaped leaves and it has been suggested that these references could be to "Cinchona" species. The name Quina-Quina or Quinquina was suggested as an old name for Cinchona used in Europe and based on the native name used by the Quechua