[American Negro Slavery by Ulrich Bonnell Phillips]@TWC D-Link book
American Negro Slavery

CHAPTER IX
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On soils of the same quality the farmer with a single plow, if his family did the hoeing and picking, was on a similar footing with the greatest planter as to the output per hand, and in similar case as to cost of production per bale.

The scale of cotton-belt slaveholdings rose not because free labor was unsuited to the industry but because slaveholders from the outside moved in to share the opportunity and because every prospering non-slaveholder and small slaveholder was eager to enlarge his personal scale of operations.

Those who could save generally bought slaves with their savings; those who could not, generally continued to raise cotton nevertheless.
The gross cotton output, in which the upland crop greatly and increasingly outweighed that of the sea-island staple, rapidly advanced from about forty-eight million pounds in 1801 to about eighty million in 1806; then it was kept stationary by the embargo and the war of 1812, until the return of peace and open trade sent it up by leaps and bounds again.

The price dropped abruptly from an average of forty-four cents in the New York market in 1801 to nineteen cents in 1802, but there was no further decline until the beginning of the war with Great Britain.[35] [Footnote 35: M.B.Hammond, _The Cotton Industry_, table following p.

357.] Cotton's absorption of the people's energies already tended to become excessive.


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