[Black and White by Timothy Thomas Fortune]@TWC D-Link book
Black and White

CHAPTER XVI
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I have known lands to be bought there, including woodlands and cleared lands, at from $20 to $25 an acre, which would be, say, $40 or $50 an acre for the cleared land, and I have known other planters to refuse $80 an acre, cash.
Q.Do you think that $80 or $100 per acre would be a reasonable price for these plantation lands?
-- A.

They sold before the war for $120 an acre.
By Mr.CALL: Q.You are speaking now of the alluvial lands?
-- A.

I am speaking of the alluvial lands on the Mississippi River, cleared, ready for cultivation, with the improvements existing upon them.
By the CHAIRMAN: Q.Improved plantations?
-- A.

Yes, sir.
Q.Upon what price per acre do you think those lands would pay, one year with another, an interest of 6 per cent?
-- A.

I will best answer that question by the figures of rents which I have given.


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