[American Negro Slavery by Ulrich Bonnell Phillips]@TWC D-Link book
American Negro Slavery

CHAPTER XII
18/42

Each region, said he, ought to devote itself to the staples best suited to its climate and soil; this was the basis of profitable commerce.

The proper policy for Virginia and most of North Carolina was to give all their labor spared from tobacco to the growing of corn which South Carolina would gladly buy of them if undisturbed in her peaceful concentration upon cotton.[14] The advance of cotton prices throughout most of the thirties suspended the discussion, and the regime went on virtually unchanged.

As an evidence of the specialization of the Piedmont in cotton, it was reported in 1836 that in the town of Columbia alone the purchases of bacon during the preceding year had amounted to three and a half million pounds.[15] [Footnote 14: _Southern Agriculturist_, I, 61.] [Footnote 15: _Niles' Register_, LI, 46.] The world-wide panic of 1837 began to send prices down, and the specially intense cotton crisis of 1839 broke the market so thoroughly that for five years afterward the producers had to take from five to seven cents a pound for their crops.

Planters by thousands were bankrupted, most numerously in the inflated southwest; and thoughtful men everywhere set themselves afresh to study the means of salvation.

Edmund Ruffin, the Virginian enthusiast for fertilizers, was employed by the authority of the South Carolina legislature to make an agricultural survey of that state with a view to recommending improvements.


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