The Planters of Colonial VirginiaWertenbaker, Thomas Jefferson
History
The Planters of Colonial Virginia
Wertenbaker, Thomas Jefferson
Slavery -- Virginia; Virginia -- Economic conditions; Virginia -- History -- Colonial period, ca. 1600-1775
Government was "forced to a strict way of destroying the bad and halfe
the goode."[4-14]
The author of _A New Description of Virginia_, published in 1649, claims
that one man could plant from 1,600 to 2,000 pounds a year.[4-15] As the
pamphlet presents a somewhat optimistic picture of affairs in general in
the colony, this estimate must be taken with some reserve. More
trustworthy is the statement of Secretary Thomas Ludwell in 1667 that
1,200 pounds was "the medium of men's yearly crops."[4-16]
At all events, it is evident that the planter, even when entirely
dependent upon his own exertions, could produce a goodly crop. It is now
necessary to ascertain what he got for it. In the second and third
decades of the Seventeenth century the price of tobacco was very high.
The first cargo, consisting of 20,000 pounds consigned in the George,
sold for no less than £5,250, or 5s. 3d. a pound.[4-17] No wonder the
leaders of the London Company were pleased, believing that in the Indian
weed they had discovered a veritable gold mine! No wonder the settlers
deserted their pallisades and their villages to seek out the richest
soil and the spots best suited for tobacco culture! The man who could
produce 200 pounds of the plant, after all freight charges had been met,
could clear some £30 or £35, a very tidy sum indeed for those days. It
was the discovery that Virginia could produce tobacco of excellent
quality that accounts for the heavy migration in the years from 1618 to
1623. In fact, so rich were the returns that certain persons came to the
colony, not with the intention of making it their permanent residence,
but of enriching themselves "by a cropp of Tobacco," and then returning
to England to enjoy the proceeds.[4-18]
But this state of affairs was of necessity temporary. Very soon the
increasing size of the annual crop began to tell upon the price, and in
1623 Sir Nathaniel Rich declared that he had bought large quantities of
tobacco at two shillings a pound.[4-19] This gentleman felt that it
would be just to the planters were they to receive two shillings and
four pence for the best varieties, and sixteen pence for the "second
sort." In the same year Governor Wyatt and his Council, in a letter to
the Virginia Company, placed the valuation of tobacco at eighteen pence
a pound.[4-20] Three years later, however, the Governor wrote the Privy
Council advising the establishment in Virginia of a "magazine" or
entrepot, where the merchants should be compelled to take the tobacco at
three shillings a pound.[4-21] This proposal did not seem reasonable to
the King, and when Sir George Yeardley came over as Governor for the
second time he was instructed to see to it that "the merchant be not
constrained to take tobacco at 3. P. Pound in exchange for his wares,"
and to permit him to "make his own bargain."[4-22]
Public-domain text, read in full here on John Shaqi.
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