Global silver trade from the 16th to 18th centuries 1500 to 1800, Mexico and Peru produced about 80% of the world's silver with 30% of it eventually ending up in China (largely because of British merchants who used it to purchase exotic Chinese commodities). In the late 16th and early 17th century, Japan was also exporting heavily into China and the foreign trade at large. As has been demonstrated, China dominated silver imports. The market value of silver in the Ming territory was double its value elsewhere, which provided great arbitrage profit for the Europeans and Japanese. The abundance of silver in China made it easy for the country
Neutral Nation is now Hamilton, the lower Grand Valley and Niagara, called them the Neutrals. However, the confederacy did have feuds with the Algonkian people who were believed to live in what is now Michigan. In 1616, the Neutral Nation was estimated to have 40 villages and 4,000 warriors. In 1641, after a serious epidemic, the Jesuits counted 40 Neutral villages with about 12,000 people. During the late 16th and early 17th centuries, the territory of the "Attawandaron", as they were called by the Huron Nation, was mostly within the limits of present-day southern Ontario. The Museum of Ontario Archaeology summarizes that