The examiner. [volume] (Louisville, Ky.) 1847-1849, 1849-06-02

The following article Is from the pen Of one
II the most respectable citizens Of Jefferson |
county, member of family possessed OF
large number Of slaves
For the Examiner.
The Iunaense Of slavery en- the frsee Oh
Land, and the Profits of its Cuiture-he-
spensIblliiies Of siavery-shail they DC
Perpesnaseas
GEyrLE1EN:-In compliance with your re-
quest, the writer submits for publication Mr..
Stabler's letter to Warrick Miller, ESQ., ana
certain other facts and opinions, illustrating Tue
baneful effects of Slavery on the Pecuniary in
teresis of lanihoIders, to which are appended
some moral reflections Of the nature indicated
in the caption. Disregarding, however, me
order in which the various materials ior 'nis
compilation have just been mentioned, ne deems
It proper to advert, in the first place, to the
opinions of Mr.. Carey, the author OF zine
Past, Present, and Future" as to the connee-
ton subsisiing between the progress OF State
in opuIatioa and manufactures, and the ad-
vancement 10 value of its lands. Says he;
ne IeTulcr VINO hA7 o"A
and III as attracts around him the miller, the
tanner. the shoemaker, the blacksmith, the
carpenter, the wheelwright, the halter, the
spinner, the weaver and the Paper-maker, per-
forms all his exchanges with the most perfect
and the least costly machinery Of exchange
and has almost all his labor and manure to put
upon his farm, which yields him daily increased
returns TO that labor, and increases daily in
value. he becomes rich. Such has been, so
| far as il uas possible, the course Of the United
States; aud hence their greater wealth." (cOm-
pared with other nations which lie mentions
See page l22.
| Again, The Past says to the representatives
Of the land: "If you would have your properties
increase in value, avoid wars and labor to pro-
mote the growth of population and wealth.
Cses Psge 246)
Again, The Past says to the landbolder o.
the present: "If you desire that your property
increase in value, labor to promote the grown
Of wealth, and the concentration Of man Tor III,
purpose of eating the food where 1t is pro
duced." (See page 3l4.l
-
passage from the poor TO the rich soils, Popnla
ton and wealth tend to increase more TaPidiy
aud with each step ia their progress, there
an increased demand for bOth-giving TO ID
laborer an increased proportion Of larger pro
duct, and to the owner Of capital an increases
, return from diminished proportion, and al
fording to all increased power Of accumula
lion. The value of land increases with tn
: development of its powers, aud that develop
+, ment results from the application OF labor an
capital. Every measure tending to restrict tn
!, amount applied, tends to lessen the wages Of IN
Iaborer and the profits of the capitalist; bot
y of whom can seek elsewhere the employmen
{ denied them at home; and tends IN still great
err degree to affect the interest of the land tha
/ cannot fiy. The land owner Is, therefore, mos
B of all, interested in the abolition Of every re
q stricticn that tends to the expulsion of ethel
: and especially interested in the repeal Of ever
d law that tends to prevent the formation OF bank
d insurance companies, manufacturing associ'
tions, and all other modes Of combination, ten
=, ing to enable the fashiOner to eat his food o
: the spot on which it is produced" (See pas
+ 2lO.)
d Such is the theory Of this great writer o
: Political Economy. Is it in the United Stat
d sustained by factsl The free States are motor
ousy ahead Of the slave States in PoPulato
o and manufactures-are their lands found to bel
e higher priest Let us see:
IS The highest price of land five or six mill
d from Louisville is $3.50 per acre. An INTEL
gent aud honorable gentleman, for many yea
h a resident of Louisville, but for few yea
d past citizen Of Cincinnati, stated in answer
!. an inquiry, that lands within FIVE or six mill
q of that city ranged from 500 to $500 per acr
it and even were rated high as $1,000 per &C
10 on some choice sites for residences eomman'
v ing a view of the river.
y According to the Kentucky Auditors R
y port for ls4S, the total value of her assesses
T. property is s272, s47 500.
al Kentucky contains 10000 square miles
d, The value, then, Of her land, to the squa
d, mile, is SG,S2l.
Of ls47. her assessed property amounts to s4Os
10 s97 1873. Ohio has $4,000 square mies-valI
y to the square mile s9,3l6.
1t Professor Dew's estimate in 1894 of the walt
Il of yirginia's property, taken by EllwOOd Fis
i er as the basis Of his calculations in cOmParir
+ Virginia with New Y ork, is $500, DOC, 600. 81
re has an area Of $1,000 square miles-the val,
h per square mile is 5000.
l. The property of New York, says ElIwo'
e Fisher, was assessed in 1S47 at $632, 500 $685.
lie Her territory embraces 900 square miles
lie value per square mile Sl3,6SS.
The Treasurer's Report for the State
Maryland, for the year ending LIST Decembe
ls4s, gives sl9l ,2l4,252 as the amount Of h
= assessed property. Maryland contains 10, u
Ie square miles-value Of her land per square nj
5. si7,77s.
d The property Of Massachusetts, is stated, a
: cording to recent estimates in her papers, sa
ID EIwood Fisher, at $500, OOO,O 600. Massach
$. sets contains Z 800 square miles. The value
n the square mile is s3s,450.
,eI The American Almanac states that the pre-
IN erty Of the city of Baltimore was assessed
l. 1sis at ST. ,6l2 $3.50.
:. The Raleigh Register says the whole State
N North Carolina cannot exceed STAG, 900, 0O
while the city Of Boston alone has been assess
+, at Sl61 100000. Land sells By the foot for Sc
. eral miles in the country around Boston, a
!, cording to "The Plow, Loom and Anvil"
/. Mr. Ruffner, Of Lexington, Virginia, sa