[fusion_builder_container hundred_percent="no" equal_height_columns="no" menu_anchor="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" background_color="" background_image="" background_position="center center" background_repeat="no-repeat" fade="no" background_parallax="none" parallax_speed="0.3" video_mp4="" video_webm="" video_ogv="" video_url="" video_aspect_ratio="16:9" video_loop="yes" video_mute="yes" overlay_color="" video_preview_image="" border_size="" border_color="" border_style="solid" padding_top="" padding_bottom="" padding_left="" padding_right=""][fusion_builder_row][fusion_builder_column type="1_1" layout="1_1" background_position="left top" background_color="" border_size="" border_color="" border_style="solid" border_position="all" spacing="yes" background_image="" background_repeat="no-repeat" padding_top="" padding_right="" padding_bottom="" padding_left="" margin_top="0px" margin_bottom="0px" class="" id="" animation_type="" animation_speed="0.3" animation_direction="left" hide_on_mobile="small-visibility,medium-visibility,large-visibility" center_content="no" last="no" min_height="" hover_type="none" link=""][fusion_text]The price of a slave was generally thought to be ten thousand times the price of cotton. Thus 10 cents per pound for cotton would yield a slave value of $1,000. “The old rule of pricing a negro by the price of cotton by the pound… does not seem to be regarded. Negroes are 25 per cent higher now with cotton at ten and a half cents than they were two or three years ago when it was worth fifteen and sixteen cents…. A reversal will come soon”. The price of a slave in Virginia was lower than that for a slave in New Orleans, reflecting the closeness of the slave to actual cotton production.[/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]