Officially, 800 tons of gold were sent to Portugal in the eighteenth century, not to mention what was circulated in an illegal manner, nor what remained in the colony, such as gold used in the ornamentation of the churches. The municipality became the most populous city of Latin America, counting on about 40 thousand people in 1730 and, decades after, 80 thousand. At that time, the population of New York was less than half of that number of inhabitants and the population of São Paulo did not surpass 8 thousand.