Reaping the Economic Benefits of Slavery

History records that the first colony to legally establish slavery was Massachusetts, the Puritans of New England enslaved the Pequot Indians [including children] who resisted their invasions; by 1750 Rhode Island had surpassed Liverpool as the center of the transatlantic slave trade; Yankee notions and rum were traded in Africa for those already enslaved; Massachusetts inventor Eli Whitney’s gin transformed cotton production in 1793; Manhattan banks supplied easy credit after the Louisiana Purchase opened the western lands to slave-produced cotton; and cotton-hungry New England mills were fed from that new land. It is then easy to see the source of slavery’s perpetuation and it clearly points to those who could have easily ended that relic of the British colonial system.

Bernhard Thuersam, www.Circa1865.com

 

Reaping the Economic Benefits of Slavery

“The superabundance of land to which the English colonists, from Adam Smith downwards, attribute the prosperity of new colonies, has never led to great prosperity without some kind of slavery. The States of New England, in which Negro slavery [was permitted], form no exception to the general rule.

[Though] the Puritans and followers of [William] Penn, who founded to colonies of New England, flourished with superabundance of land and without [a great number of] Negro slaves, they did not flourish without slavery . . . [though] they were led to carry on an extensive traffic in white men and children, who, kidnapped in Europe, were virtually sold to these fastidious colonists, and treated by them as slaves.

Even so lately as the last twenty years, and especially during the last war between England and America . . . vast numbers of poor Germans were decoyed to those States which forbid slavery, and there sold for long terms of years to the highest bidder at public auction. Though white and free in name, they were really not free to become independent landowners, and therefore it was possible to employ their labor constantly and in combination.

A black man never was, nor is he now, treated as a man by the white men of New England. There, where the most complete equality subsists among white men, and every white man is taught to respect himself as well as other white men, black men are treated as it they were horses or dogs . . .

In another way, the States which [abolished] slavery have gained by it immensely without any corresponding evil. The great fishing establishments of the [New England] colonies were set up for the purpose of supplying the slaves of the West Indies, Maryland, Virginia, Georgia and the Carolinas, commodities which have never been raised on any large scale in America except by the combined labor of slaves.

A great part of the commerce . . . of Boston, New York, Philadelphia, and Baltimore, has always consisted of a carrying trade for the Southern States . . .

At the present time, which is the great market for the surplus of farmers in the non-slaveholding States on the western rivers? New Orleans. And how could that market exist without slavery? Capitalists again, natives of the States which forbid slavery, reside during part of every year in the slave States, and reap large profits by dealing in rice, sugar and cotton, exchangeable commodities, which, it must be repeated, have never been raised to any extent in America except by the labor of slaves.

The States, therefore, which [abolished] slavery, having reaped the economic benefits of slavery, without incurring the chief of its moral evils, seem to be more indebted to it than the slave States.

If those who [abolished] slavery within their own legal jurisdiction should also resolve to have no intercourse or concern with slave-owners, to do nothing for them, and to exchange nothing with them, we should see an economical revolution in America . . .

It is evident that the most Southern States of the Union cannot abolish slavery without incurring great dangers, which the North had no reason to apprehend when it emancipated its black population . . . [and were] gradually introduced into the society . . .

The Northern States had nothing to fear [as the] blacks were few in number . . . But if the faint dawn of freedom were to show two millions of men their true position, the oppressors had reason to tremble.

And as soon as it is admitted that the whites and the emancipated blacks are placed upon the same territory in the situation of two foreign communities, it will be readily understood that there are but two chances for the future: the Negroes and the whites must either wholly part, or wholly mingle.”

(Selections from the Economic History of the United States, 1765-1860, Guy Stevens Callender, (original 1909) Reprints of Economic Classics, 1965, excerpts, pp. 793-799)

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