"Mr. Taylor, of Carolina," he says, "had understood that 60,000 hogsheads of tobacco were exported from Virginia, when the whole population did not exceed 150,000. Had the fertility of the country by possibility remained undiminished, Virginia ought in 1810 to have exported 240,000 hogsheads, or their equivalent in other produce, and at present nearly double that. Thus the agricultural exports of Virginia in 1810 would, at the estimated prices of the Custom House at that time, have been seventeen millions of dollars and now at least thirty-four, while it is known that they are not of late years greater than from three to five millions.... "The fact that the whole agricultural products of the State at present, do not exceed in value the exports eighty or ninety years ago, when it contained not a sixth of the population, and when not a third of the surface of that State (at present Virginia) was at all occupied, is, however, a striking proof of the decline of its agriculture. What is now the productive value of an estate of land and negroes in Virginia? We state as the result of extensive inquiry, embracing the last fifteen, years, that a very great proportion of the larger plantations, with from fifty to one hundred slaves, actually bring their proprietors in debt at the end of a short term of years, notwithstanding what would once in Virginia have been deemed very sheer economy, that much the larger part of the considerable landholders are content, if they barely meet their plantation expenses without a loss of capital; and that of those who make any profit, it will be none but rare instances, average more than one and a half per cent. on the capital invested. The case is not materially varied with the smaller proprietors. Mr. Randolph, of Roanoke, whose sayings have so generally the raciness and the truth of proverbs, has repeatedly said in Congress, that the time was coming when the masters would run away from the slaves and be advertised by them in the public papers."[65] It seems that agriculture had taken a new start about 1816, probably owing to the fact that tobacco was very high, being from 8 to 15 cents per pound,[66] for Colonel Mercer in the Virginia Constitutional Convention of 1829 said that in 1817 the lands of Virginia were valued at $206,000,000 and that negroes averaged $300 each, while by 1829 lands had decreased in value to $80,000,000 or $90,000,000 and negroes to $150 each.[67] But while agriculture was in such a discouraging condition in the worn out States, Louisiana and other States of the Southwest were being opened up and were looked on as the land of promise. Immigrants to that favored section wrote glowing accounts of the fertility of the country and of the delightful climate. An emigrant from Maryland writes from Louisiana in 1817: