natural death.docx - Christine Ranjit John Bolin AMH 2092...

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Christine Ranjit John Bolin AMH 2092 20 Nov 17 The claim that slavery was dying out is a popular misconception. Slavery was healthy and was incredibly profitable. In the years between 1850 and 1860, in the thirteen slaveholding states (excluding Missouri and Delaware), the total cash value of farms rose from $1,035,544,075 to $2,288,179,125; the average cash value of farms rose from $2,035.75 to $3,438.71; the number of slaveholders grew from 326,054 to 358,728; and the average number of slaves per slaveholders rose from 9.54 to 10.69 In perhaps the classic study of the economics of slavery, Alfred Conrad and John Meyer concluded, “Slavery was profitable to the whole South, the continuing demand for labor in the Cotton Belt insuring returns to the breeding operation on the less productive land in the seaboard and Border States. The breeding returns were necessary, however, to make the plantation operations on the poorer lands as profitable as alternative contemporary economic activities in the United States. Continued expansion of slave territory was both possible and, to some extent,
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