Slavery did not teach him economy; on the contrary, it taught him profligacy, and, where he learned to economize, it was in spite of the system. His wastefulness is not yet a thing of the past, but he has made commendable advance in learning how to save. What are the facts? In the state of Georgia alone, the Negro has dug out of the hills more than $30,000,000 of taxable property. This amount represents more than five times the entire wealth of all the Negroes of the United States, North and South, bond and free, taxable and personal, at the birth of freedom. But when we collect together the wealth of the entire race, the figures read like romance. Some facts for reflection: Four millions of slaves were valued at $3,500,000,000. Negroes own 87 per cent of their homes in fee simple; 89 per cent of their farms are unencumbered. They own, Banks 3 Magazines 5 Newspapers 400 Value of Libraries $ 500,000 Drug stores 500,000 School property 20,000,000 Church property 42,000,000 160,000 farms 400,000,000 150,000 homes 350,000,000 Personal property 200,000,000 With these facts undisputed, the question, Has the Negro kept pace with his opportunities? contains its own affirmative answer. It is an incomparable achievement that the Negro should have accumulated and saved this vast amount of wealth within the short space of forty years. In the social and intellectual life the Negro has surpassed all hopes. There can be furnished by the race a thoroughly equipped man for any chair of learning for a university. He began with the blue-back spelling book and has steadily grown in learning and power until he now occupies a respectable position in the literary world. But the pivotal point that is determinative in this discussion, and that which is considered the conclusion of the whole matter, is the moral and social question, as well as the domestic virtues of which woman is the queen. The accumulation of property, and the achievements in the world of letters, admirable as they are in themselves, and for purposes of civilization, are secondary and valueless in the final analysis, if there is no corresponding moral development and social power. The evolution of the family, based upon monogamy, is one of the chief glories of Christianity over against the libertinism and polygamous practices of paganism.