Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1861-01-30
The Immense PrOFits of the slave
Trade.

AEaGeH
A correspondent Of the New York Times,
writing from on board the United States frigate
Niagara, gives some important information
concerning the slave trade, based upon reliable
Information received at London. Speaking Of
the immense profits Of the trade, he says:
The price now paid by the regular Cuban
trader on the coast is from $50 to $50 per ne
gro, which being paid for in barter, reduces
the cost full 100 per cent; and J was asssTed
by a man in the business At Loando that the
blacks would sell on an average, irrespective
Of age or sex, for $1,000 a piece the day they
were landed in Cuba. Deduct expenses Of
every description and there remains at least
500 per cent. clear profit, while sugar and to-
bacco are still going up in the market, and the
demand for slave labor constantly increasing.
In fact, the only way 10 check or stihe his
internal inhuman traffic is to apply The moral
gsro.te to the throat Of Spain, or else keep a
Gordon Of livery steam gunb0ats around the
island where the maTke s exist.
There is now on board this fTigate A man
shipped in Londsn, who was the steward Of
the slave ship Erie, I Gently captured By the
steamer Mobican. From this individual, who
is a Dutchman, ihave gathered the following
particulars The Erie was built at Southport,
Connecticut, for q Swedish skipper named
AAnALaAg WIN II ca AENAaNAE NAAEE NEnAd 10
trading voyages, finally carried a cargo Of
coais 70 Havana, from Shields, when he sold
his vessel 10 one Walsh, for Si4,O0). Most OF
the crew remained on board. The slave furn-
lure was shipped at night AMI stood in boxes
in the lower hold, and the ship sailed on the
18th Of last April, under The command Of a
man calling himself Capt. Gordon, Of Portland,
and a Spanish skipper, the latter Of whom died
Ia Africa. On reaching the Congo, they pass
ed up $50 miles from the mouth, where, after
lying 81 days, they received on board their
black cargo.
My Informant further declares that there
was $4,000 in doubloOns, seereted in a false
bottom OF the 5upercargo's trunk, which es-
capped the search which was made by Tie Off
GERS of the Mohican among the personal ef-
fects, and which trunk and money were after
wards landed at Loando, on the arrival Of the
prisoners at that place. This money was
taken in before leaving Havana, and was in
tended to pay of the officers and crew Of the
Eric, so soon as they sighted the island of
Cuba on the return voyage; this being the
contract made with the owners at Havana.
Tn ste ards share was to have been 50 a
head f II every slave alive in the vessel when
in sight OF Cuba and before landing, while the
remuneration 10 the crew was fixed at So.
AT his figure, the steward would have
Pscketed about $500, and the sailors $500,
to say nothing Of a small venture the former
had on hand, or to use his own words, "four
az likely nigs as ever was elspped eyes on
and all purchased with an old silver watch
with rusty wheels. The vessel and cargo were
valued at a million doli1rs; hat is, By the
sanguine owners on board, before the Mohican
desired them, through the medium ef a round
ghOt. TO heaVe 10.