The Impending Crisis of the South: How to Meet It — John Shaqi
The Impending Crisis of the South: How to Meet ItHelper, Hinton Rowan
History
The Impending Crisis of the South: How to Meet It
Helper, Hinton Rowan
Slavery -- United States
But we shall not make the calculation at what we have found to be the
average value per ton throughout the country. What rate, then, shall be
agreed upon as a basis of comparison between the value of the hay crop of
the North and that of the South, and as a means of testing the truth of
our declaration--that the former exceeds the aggregate value of all the
cotton, tobacco, rice, hay and hemp produced in the fifteen slave States?
Suppose we take $13,08-1/3--just half the average value--as the multiplier
in this arithmetical exercise. This we can well afford to do; indeed, we
might reduce the amount per ton to much less than half the average value,
and still have a large margin left for triumphant demonstration. It is not
our purpose, however, to make an overwhelming display of the incomparable
greatness of the free States.
In estimating the value of the various agricultural products of the two
great sections of the country, we have been guided by prices emanating
from the Bureau of Agriculture in Washington; and in a catalogue of those
prices now before us, we perceive that the average value of hay throughout
the nation is supposed to be not more than half a cent per pound--$11.20
per ton--which, as we have seen above, is considerably less than half the
present market value;--and this, too, in the face of the fact that prices
generally rule higher than they do just now. It will be admitted on all
sides, however, that the prices fixed upon by the Bureau of Agriculture,
taken as a whole, are as fair for one section of the country as for the
other, and that we cannot blamelessly deviate from them in one particular
without deviating from them in another. Eleven dollars and twenty cents
($11.20) per ton shall therefore be the price; and, notwithstanding these
greatly reduced figures, we now renew, with an addendum, our declaration
and promise, that--_We can prove, and we shall now proceed to prove, that
the annual hay crop of the free States is worth considerably more in
dollars and cents than all the cotton, tobacco, rice, hay, hemp and cane
sugar annually produced in the fifteen slave States_.
HAY CROP OF THE FREE STATES--1850.
12,690,982 tons _a_ 11,20 $142,138,998
SUNDRY PRODUCTS OF THE SLAVE STATES--1850.
Cotton 2,445,779 bales _a_ 32,00 $78,264,928
Tobacco 185,023,906 lbs. " 10 18,502,390
Rice (rough) 215,313,497 lbs. " 4 8,612,539
Hay 1,137,784 tons " 11,20 12,743,180
Hemp 34,673 tons " 112,00 3,883,376
Cane Sugar 237,133,000 lbs. " 7 16,599,310
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$138,605,723
RECAPITULATION.
Public-domain text, read in full here on John Shaqi.
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