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
Bartholomew, because the world--the
South--shall have furnished a more direful scene of atrocity and carnage?
Sirs, we would not wantonly pluck a single hair from your heads; but we
have endured long, we have endured much; slaves only of the most
despicable class would endure more. An enumeration or classification of
all the abuses, insults, wrongs, injuries, usurpations, and oppressions,
to which you have subjected us, would fill a larger volume than this; it
is our purpose, therefore, to speak only of those that affect us most
deeply. Out of our effects your have long since overpaid yourselves for
your negroes; and now, Sirs, you _must_ emancipate them--speedily
emancipate them, or we will emancipate them for you! Every non-slaveholder
in the South is, or ought to be, and will be, against you. You yourselves
ought to join us at once in our laudable crusade against "the mother of
harlots." Slavery has polluted and impoverished your lands; freedom will
restore them to their virgin purity, and add from twenty to thirty dollars
to the value of every acre. Correctly speaking, emancipation will cost you
nothing; the moment you abolish slavery, that very moment will the
putative value of the slave become actual value in the soil. Though there
are ten millions of people in the South, and though you, the slaveholders,
are only three hundred and forty-seven thousand in number, you have within
a fraction of one-third of all the territory belonging to the fifteen
slave States. You have a landed estate of 173,024,000 acres, the present
average market value of which is only $5,34 per acre; emancipate your
slaves on Wednesday morning, and on the Thursday following the value of
your lands, and ours too, will have increased to an average of at least
$28,07 per acre. Let us see, therefore, even in this one particular,
whether the abolition of slavery will not be a real pecuniary advantage to
you. The present total market value of all your landed property, at $5,34
per acre, is only $923,248,160! With the beauty and sunlight of freedom
beaming on the same estate, it would be worth, at $28,07 per acre,
$4,856,873,680. The former sum, deducted from the latter, leaves a balance
of $3,933,535,520, and to the full extent of this amount will your lands
be increased in value whenever you abolish slavery; that is, provided you
abolish it before it completely "dries up all the organs of increase."
Here is a more manifest and distinct statement of the case:--
Estimated value of slaveholders' lands after slavery} $4,856,783,680
shall have been abolished }
Present value of slaveholders' lands 923,248,160
--------------
Probable aggregate enhancement of value $3,933,535,520
Public-domain text, read in full here on John Shaqi.
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