New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-02-02
ri, v;,ho,t charging . .hiilius FIR N liking good

On he crops n ibfecteos. WIN shese anl
other diaabscbs 10 ssy 0oth'pg OF the de7a'-
utstil d.. which arc sonnet mes occa-ioned ~ fires
"sbd hurricanes, destroying IN 10 g hours the
.gsbor Of yesrs. il il rot wonderful he adds,
utpst Ire profits should sometimes EiDdle TO
mating, OF, aksT, that sugar estate. Nth a"
ats boosted advantages, should S'nss'mes Prors
n mil stone about the neot cfIs asoriusate Propris
ntor. rhich IS dr0gging him TO destruction ~
T,ue Jamaica rhetoric. that One jerenisd, zoo
uttered before emancipation was even SO much
,s thought of: and yet. who wouldn't suppose
that II was copied word for word from some let
yer from some travelling correspondent come to
hard by the very last nail ffom KiugstOa
Anticipating that. this plain and Disseminating
statement might somewhat surprise some of me
yerd.lt. Eda ards proceeds, on behslf Of the said
verdsnt, to put TO himself this question: ''Sesing
"tbat ca pital is waited which few msa can com
"mar6, and considering withil that tao returns
care in general but small and a. best uncertain;
chow h,, it happened that the sugo' islands have
"been rspidly settled, and many great estate
purchased in the mother cOuatry from the
"profits which have accrued from their culIya-
tom
1t were to be wisted," h. ssys in reply, that
tfose ~h0 maze such inquiries would inquire, on the
other hand hCw mary unhappy persons have beoi
tot IL snC ilrericyEbly ruiIed by adventui1Z 10
the Cultivation Of those Islands without possessing
any aCsoustc means to support them in sucn great
~, Crf8k irCs. On The failure OF some O these un.
I5tuna'c rer yas' Estates lave indeed been "a sed
Nv persous who have had money at com mad.
Money is advanced end encouragement given TO
.,,f AZ wet Ito
v here 70 stop; be is aware what very large suns
must be expended before any return csn DO N 'de.
Ono.tbrd Of the money thus expended be has, per
baps, furnished but the tire soon cones when fuc-
Their advance is requisite. Nov, then, 'tbe m >n9At
for Oppre sion II the lands promise great re ra,,
the isesciou creditor il teao Of giving lurtle- AID
or Leaving his toe confident debtor 10 IKE the e't
OF biz way hy his own eXertons, ple2ds suidf al
unexpected ereI gency, and Insists on lnnedirte ~
mert Of the sum already lent Tie l.Y, on ths cc-
CASTOR is far from being chargeable with delay,
ard avsrise is iLeyorable. sale Is hurried on, aai
10 bidders eppeI bu; The creditor himself Ready
pOrey is required in pawn ut, AID every ore sees
that furth, vii be anl0g to make tae estate
rrO5uctiye Few, Therefore have the means Who
lave oven the wish cficacioualy TO assist tho de-
voted victim Thus .hc creditor get the es.a'e OF
his oWn price, nlnoIiy for his irss advance. a11
he miserable cebt Las reason 20 thank h- siars,
if coisoliDg himself with orly the loss ot hi, 0Wn
original capital and lis labor for series Of years,
lie escapes prstn icr HE.
~ TIC same me y hIcL Justly &c -bie4 VA y
there sre cred.;ois WHO h.vBg advanced their
m,1ey 70 resident planters, ot IN the view of de-
riyiIg uLCGe scysntsges but solely on the fiir and
L0nCiable giound OF 70 iprocal beAeht, have been
compelled much ee4i,st heir inclination, to become
plentIs u cm clvfs-t erg obliged to receive nm
15ottoble West India estates in payment or los their
money altogether. have known plantations raus
fertd in this E6nner vkich are LHrdea instead 81
beref and which kept up solely 10 the hope thst
favorable cIops and en- advance in prices may sone
! time or other invite purchasers.
Thus oppression in one clsgs OF credl'Ois ard
gross iIiu6tiCe toward another contribute equally TO
Keep up cultivation IN q country whore II the risks
a. d lJsees great. the gains are sometimes COM
reusuTAte; for sugar estates there are undoubtedly
from which irst ad of the returns tha h4ye estl-
mated, double that profit has been obtained. IL Is
indeed truo that such instances are extremely rare;
but pcrLsps, to that vary cScGmstancc- which TO a
philosopher, specializing IN his cl0eet, would seem
sufficient TO deter wise man from adventuriug in
this Inc OF cuitivgti0nit is chiefly owing thai go
much money las been expended in It. ! mean the
fUc'uati Iaiue OF its r6iurns le quEty o. sugar
vlrss Occ isiof ais much e5 70 create difference
in it, value Of ten thlilinss the hundred which, for
the supeiiOr qualify Is pure gsin huc0, undoub,.
eoiy, tepeils OF sAll m tbe -anlactuIt and, the
pIotcsa being apparently simple, the tehodsr feels
almost an iirsi-tibie prop nsi'y 10 engage IN II
Though, perhaps. Lor more than one mao in fifty
comes away fortunate, every saugulne atyenturer
ahes il FOR - ntfa thai b. shal he that one. IHn
hi Sgttnt o. III c,pcf curse ~ FPermeWs, GIf
y t0H eAo.td Ls he Consequence Of hs rq'hnes'. ne
MINUTES his misjvrfuR.s 70 ary rather than 10 his
ora r1nf and capacity and tore' .gk'
These eI,racts from Edwards afford an insight
into the rst onale of slave cultivation according
70 the system which ultimstelyprevsiledt through
ont the f,riti,h West Indies, aud to a very con-
adorable extent also in the French and Dd;ch
colonies. The motive power OF the system, the
real owners no, ouy Of the plantations and OF the
slaves. but Of the nominal propretOrs also, we're
few great mercantile houses in Europe, with
whom 4 was leading object TO secure the trans
portaton of the sugars and Of the plant tiOn sup
plies in their vessels, with the commissions on
tbti. sale and purchase Ii Was these profits,
ala these alone, that sutSced TO cover the nu-
uieIOus rsks OF suasr-plantirg and TO justify the
large advances which the business required
Though often compelled to carry on the estates
in their own name, and al their Own sole risk,
these European merchants greatly preferred to
stsld in the relation OF mortgages -thus leaving
all the risks to be borne, 60 long as they would
stand under them, by nominal proprietors. These
nominal proprietors were chiefly drawn from the
class Of oyeIseeIs doctors, teachers, master-me
chanics, and others, who, going out to the Colo
MES 10 seek their fortunes, mad gradually, as at
t1chcs TO the plantations, Accumulated few
thousand pounds--often, it vas said, in thecise of
the overseers, BY ch eating their absent employers
Whatever resident in the colonies, by whatever
means, succeeded in getting together considera-
BILE sum Of money, vas drawn on by fascination
like that Of the gaming sable, to inyes. it in
sugar plantation, which remained mortgsged for
the balance TO the European consignees of the