That this fact was fully understood at the time is attested by various persons interested in the colony and the trade. In 1728 Francis Fane, in protesting against the imposition of a new tax in Virginia on the importation of slaves declared "that Laying a Duty on Negroes can only tend to make them scarcer and dearer, the two things that for the good of our Trade and for the Benefit of Virginia ought chiefly to be guarded against, since it is well known that the cheepness of Virginia tobacco in European Marketts is the true Cause of the great Consumption thereof in Europe, and one would have therefore Expected rather to have seen an Act allowing a premium on the Importation of Negroes to have Encouraged the bringing them in, than an Act laying so large a Duty to discourage their Importation."[7-54] Similarly Colonel Spencer wrote to the Board of Trade. "The low price of tobacco requires it should be made as cheap as possible. The Blacks can make it cheaper than Whites, so I conceive it is for his Majesty's interest full as much as the Country's or rather much more, to have Blacks as cheap as possible in Virginia."[7-55] It is evident, then, that the opening of the European market and the vast expansion of the tobacco trade, while bringing prosperity to the larger planters, was no great boon to the man who tilled his fields with his own hands. It assured him a ready sale for his crop, it is true, but at prices so low as to leave him a very narrow margin of profit. The new era which was opening, the so-called golden era of Virginia history, was not for him. Virginia in the Eighteenth century was to be the land of the slave holder, not of the little planter. _CHAPTER VIII_ BENEATH THE BLACK TIDE The importation of slaves in large numbers reacted almost immediately upon the migration of whites to Virginia. As we have seen, the stream of indentured servants that poured across the Atlantic remained remarkably constant throughout almost all of the Seventeenth century. The larger planters were always in need of laborers, and they looked to the surplus population of England to supply them. But with the coming of the blacks all was changed. The Virginians saw in the slave ships which now so frequently entered their rivers the solution of all their problems. And so the influx of white men and women from the mother country dwindled and almost died out, while in its place came a still greater stream from the coast of Africa.