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
Robert Carter luxuriated in Nomini Hall, a great colonial mansion in
Westmoreland County. It was built between 1725 and 1732 of brick covered
with strong mortar, which imparted a perfectly white exterior, and was
seventy-six feet long and forty wide. The interior was one of unusual
splendor for the time, such as only the very rich could afford. There
were eight large rooms, one of which was a ball-room thirty feet long.
Carter spent most of his leisure hours cultivating the study of law and
of music; his library contained 1,500 volumes and he had a varied
assortment of musical instruments. He was the owner of 60,000 acres of
land spread over almost every county of Virginia, and he was the master
of six hundred negro slaves. The greater part of a prosperous iron-works
near Baltimore was owned by him, and near his mansion he built a flour
mill equipped to turn out 25,000 bushels of wheat a year. Carter was not
only one of the big planters but one of the big capitalists of the age;
all that he had to do was to exercise a general supervision; his
overseers saw to the running of his various industries. Like the other
large landholders he was one of the active governing class; as a member
of the Provincial Council he had great influence in the making of laws.
He was a thorough gentleman, we are told, and took good care of his
slaves and of his white laborers who were grouped in workhouses and
little cottages within range of his mansion. Within his domain he
exercised a sort of benevolent despotism. He was one of the first few to
see that chattel slavery could not compete in efficiency with white
labor, and he reckoned that more money could be made from the white
laborer, for whom no responsibility of shelter, clothing, food and
attendance had to be assumed than from the negro slave, whose sickness,
disability or death entailed direct financial loss. Before his death he
emancipated a number of his slaves. This, in brief, is the rather
flattering depiction of one of the conspicuously rich planters of the
South.
THE NASCENT TRADING CLASS.
Land continued to be the chief source of the wealth of the rich until
after the Revolution. The discriminative laws enacted by England had
held down the progress of the trading class; these laws overthrown, the
traders rose rapidly from a subordinate position to the supreme class in
point of wealth.
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.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account