History of the Great American Fortunes, Vol. I: Conditions in Settlement and Colonial TimesMyers, Gustavus
History
History of the Great American Fortunes, Vol. I: Conditions in Settlement and Colonial Times
Myers, Gustavus
United States -- Economic conditions; Wealth -- United States
[92] "America," admits Houghton, "never presented a more shameful
spectacle than was exhibited when the courts of the cotton-growing
regions united with the piratical infringers of Whitney's rights in
robbing their greatest benefactor.... In spite of the far-reaching
benefits of his invention, he had not realized one dollar above his
expenses. He had given millions upon millions of dollars to the
cotton-growing states, he had opened the way for the establishment of
the vast cotton-spinning interests of his own country and Europe, and
yet, after fourteen years of hard labor, he was a poor man, the victim
of wealthy, powerful, and, in his case, a dishonest class."--"Kings of
Fortune":337. All other of Whitney's biographers relate likewise.
[93] See Senate Documents, First Session, 24th Congress, 1835, Vol. vi,
Doc. No. 425. A few extracts from the great mass of correspondence will
lucidly show the nature of the fraudulent methods. Writing from
Columbus, Georgia, on July 15, 1833, Col. John Milton informed the War
Department ... "Many of them [the Indians] are almost starved, and
suffer immensely for the things necessary to the support of life, and
are sinking in moral degradation. They have been much corrupted by white
men who live among them, who induce them to sell to as many different
individuals as they can, and then cheat them out of the proceeds."...
(p. 81.) Luther Blake wrote to the War Department from Fort Mitchell,
Alabama, on September 11, 1833 ... "Many, from motives of speculation,
have bought Indian reserves fraudulently in this way--take their bonds
for trifles, pay them ten or twenty dollars in something they do not
want, and take their receipts for five times the amount." (p. 86). On
February 1, 1834, J. H. Howard, of Pole-Cat Springs, Creek Nation, sent
a communication, by request, to President Jackson in which he said, ...
"From my own observation, I am induced to believe that a number of
reservations have been paid for at some nominal price, and the principal
consideration has been whisky and homespun" ... (p. 104). Gen. J. W. A.
Sandford, sent by President Jackson to the Creek country to investigate
the charges of fraud, wrote, on March 1, 1834, to the War Department,
... "It is but very recently that the Indian has been invested with an
individual interest in land, and the great majority of them appear
neither to appreciate its possession, nor to economize the money for
which it is sold; the consequence is, that the white man rarely suffers
an opportunity to pass by without swindling him out of both".... (p.
110).
The records show that the principal beneficiaries of these swindles were
some of the most conspicuous planters, mercantile firms and politicians
in the South. Frequently, they employed dummies in their operations.
[94] Reports of House Committees, Second Session, 26th Congress,
1840-41, Report No. 1.
[95] Ibid., 1 and 2.
[96] Executive Documents, First Session, 23rd Congress, 1833-34, Doc.
No. 132.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account