The Hermitage, Home of Old HickoryHorn, Stanley F.
History
The Hermitage, Home of Old Hickory
Horn, Stanley F.
Hermitage (Hermitage, Tenn.); Jackson, Andrew, 1767-1845 -- Homes and haunts -- Tennessee -- Hermitage
In spite of the difficulty of raising cotton in a climate not entirely
suited to it, it is noticeable that the Hermitage plantation had the
reputation of making good crops of high-grade staple. In 1832 there was
an article in _Niles’ Register_ commenting on the fact that fifty-four
bales of the Hermitage cotton had sold in New Orleans at 11½ cents a
pound, which was called “an extraordinary price;” and the article stated
further that it was the best cotton that had come to New Orleans from
Tennessee. In 1826 Jackson’s New Orleans factor, Maunsel White, wrote to
him that he had sold the Hermitage cotton at “the very top of the
market,” the net proceeds for the crop that year being $3,477.51.
Checking over the references to the sales of the cotton crops in the
Jackson papers it is to be seen that there was a great fluctuation in
the price obtained. The 1844 crop, for instance, brought only 4½ cents a
pound, the price ranging from that low mark up to 15 cents for the crop
of 1825 and even higher than that during the boom in cotton following
the end of the War of 1812.
In Maunsel White, General Jackson had at New Orleans a factor who stood
high in the cotton trade and who could be depended on to protect the
Tennessee planter in marketing his crops to the best advantage. Captain
White was not only Jackson’s factor but his friend and a former comrade
at arms in the New Orleans campaign, and he took great pride in getting
the highest possible price for the Hermitage crops.
In January, 1831, White wrote to Jackson, then in the White House, that
the flatboats had arrived from the Hermitage with their cargo of
fifty-nine bales and that the overseer was to be congratulated on its
quality and condition as it was “without blemish.” The best offer he had
got at that time, he wrote, was 9 cents; but he expressed a
determination to hold for 10 cents “which it is fully worth” he added,
“unless we receive worse news from the unsettled state of politics.” He
mentioned the popular belief that a general war in Europe was perhaps
impending, and slyly added: “On this subject, however, you must be
better advised than anyone else in these states; and if it were not
asking too much, or what were improper for me to ask, I would ask your
opinion on that subject.” An inside tip from the President on an
impending war would be worth a fortune to a New Orleans cotton broker;
but there is no evidence that Jackson gave Captain White any information
on the subject. This was before the day of White House “leaks.”
The following year White wrote Jackson that he had sold part of his crop
for 11½ cents in New Orleans and shipped part of it to Liverpool where
it commanded 8½d sterling, stating that “your cotton this year has
brought the highest price both at home and abroad.”
Public-domain text, read in full here on John Shaqi.
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