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would be worth, at $28,07 per acre, $4,856,873,680! The former sum, deducted from the latter, leaves a balance of $3,933,535,520, and to the full extent of this amount will your lands be increased in value whenever you abolish slavery ; that is, provided you abolish it before it completely “dries up all the organs of increase.” Here is a more manifest and distinct statement of the case :Estimated value of slaveholders' lands after slavery) #4 95 • shall have been abolished....... Present value of slaveholders' lands ............. 923,248,160 Probable aggregate enhancement of value ........ $3,933,535,520
Now, Sirs, this last sum is considerably more than twice as great as the estimate value of your negroes ; and those of you, if any there be, who are yet heirs to sane minds and honest hearts, must, it seems to us, admit that the bright prospect which freedom presents for a wonderful increase in the value of real estate, ours as well as yours, to say nothing of the thousand other kindred considerations, ought to be quite sufficient to induce all the Southern States, in their sovereign capacity, to abolish slavery at the earliest practical period. You yourselves, instead of losing anything by the emancipation of your negroeseven though we suppose them to be worth every dime of $1,600,000,000—would, in this one particular, the increased value of land, realize a net profit of over twenty three hundred millions of dollars! Here are the exact figures :Net increment of value which it is estimated will,
accrue to slaveholders' lands in consequence $3,933,535,520
of the abolition of slavery..................) Putative value of the slaves.................... 1,600,000,000 Slaveholders' estimated net landed profits of eman. $2,333,535,620
sions, to which you have subjected us, would fill a larger volume than this ; it is our purpose, therefore, to speak only of those that affect us most deeply. Out of our effects your have long since overpaid yourselves for your negroes; and now, Sirs, you must emancipate them--speedily emancipate them, or we will emancipate them for you! Every non-slaveholder in the South is, or ought to be, and will be, against you. You yourselves ought to join us at once in our laudable crusade against “ the mother of harlots.” Slavery has polluted and impoverished your lands; freedom will restore them to their virgin purity, and add from twenty to thirty dollars to the value of every acre. Correctly speaking, emancipation will cost you nothing ; the moment you abolish slavery, that very moment will the putative value of the slave become actual value in the soil. Though there are ten millions of people in the South, and though you, the slaveholders, are only three hundred and forty-seven thousand in number, you have within a fraction of one-third of all the territory belonging to the fifteen slave States. You have a landed estate of 173,024,000 acres, the present average market value of which is only $5,34 per acre ; emancipate your slaves on Wednesday morning, and on the Thursday following the value of your lands, and ours too, will have increased to an average of at least $28,07 per acre. Let us see, therefore, even in this one particular, whether the abolition of slavery will not be a real pecuniary advantage to you. The present total market value of all your landed property, at $5,34 per acre, is only $923,248,160 ! With the beauty and sunlight of freedom beaming on the same estate, it In his present condition, we believe man exercises one of the noblest virtues with which heaven has endowed him, when, without taking any undue advantage of his fellowmen, and with a firm, unwavering purpose to confine his expenditures to the legitimate pursuits and pleasures of life, he covets money and strives to accumulate it. Entertaining this view, and having no disposition to make an improper use of money, we are free to confess that we have a greater penchant for twenty-eight dollars than for five; for ninety than for fifteen ; for a thousand than for one hundred. South of Mason and Dixon's line we, the nonslaveholders, have 331,902,720 acres of land, the present average market value of which, as previously stated, is only $5,34 per acre ; by abolishing slavery we expect to enhance the value to an average of at least $28,07 per acre, and thus realize an average net increase of wealth of more than seventy-five hundred millions of dollars. The hope of realizing smaller sums has frequently induced men to perpetrate acts of injustice ; we can see no reason why the certainty of becoming immensely rich in real estate, or other property, should make us falter in the performance of a sacred duty.
As illustrative of our theme, a bit of personal history may not be out of place in this connection. Only a few months have elapsed since we sold to an elder brother an interest we held in an old homestead which was willed to us many years ago by our dear departed father. The tract of land, containing two hundred acres, or thereabouts, is situated two and a half miles west of Mocksville, the capital of Davie county, North Carolina, and is very nearly
equally divided by Bear Creek, a small tributary of the South Yadkin. More than one-third of this tract-on which we have plowed, and hoed, and harrowed, many a long summer without ever suffering from the effects of coup de soleil—is under cultivation ; the remaining portion is a welltimbered forest, in which, without being very particular, we counted, while hunting through it not long since, sixtythree different kinds of indigenous trees—to say nothing of either coppice, shrubs or plants—among which the hickory, oak, ash, beech, birch, and black walnut, were most abundant. No turpentine or rosin is produced in our part of the State ; but there are, on the place of which we speak, several species of the genus Pinus, by the light of whose flammable knots, as radiated on the contents of some half-dozen old books, which, by hook or by crook, had found their way into the neighborhood, we have been enabled to turn the long winter evenings to our advantage, and have thus partially escaped from the prison-grounds of those loathsome dungeons of illiteracy in which it has been the constant policy of the oligarchy to keep the masses, the non-slaveholding whites and the negroes, forever confined. The fertility of the soil may be inferred from the quality and variety of its natural productions ; the meadow and the bottom, comprising, perhaps, an area of forty acres, are hardly surpassed by the best lands in the valley of the Yadkin. A thorough examination of the orchard will disclose the fact that considerable attention has been paid to the selection of fruits ; the buildings are tolerable ; the water is good. Altogether, to be frank, and nothing more, it is, for its size, one of the most desirable farms in
though they were neither more nor less brave or patriotic than their fellow-soldiers of the South, yet, inasmuch as the independence of our country was mainly secured by virtue of their numerical strength, we think they ought to consider it not only their right but their duty to make a firm and decisive effort to save the States which they fought to free, from falling under the yoke of a worse ty. ranny than that which overshadowed them under the reign of King George the Third. Freemen of the North! we earnestly entreat you to think of these things. Hitherto, as mere freesoilers, you have approached but half-way to the line of your duty ; now, for your own sakes and for ours, and for the purpose of perpetuating this glorious Republic, which your fathers and our fathers founded in septennial streams of blood, we ask you, in all seriousness, to organize yourselves as one man under the banners of Liberty, and to aid us in exterminating slavery, which is the only thing that militates against our complete aggran. dizement as a nation.
In this extraordinary crisis of affairs, no man can be a true patriot without first becoming an abolitionist. (A freesoiler is only a tadpole in an advanced state of transformation ; an abolitionist is the full and perfectly developed frog.) And here, perhaps, we may be pardoned for the digression necessary to show the exact definition of the terms abolish, abolition and abolitionist. We have looked in vain for an explanation of the signification of these words in any Southern publication ; for no dictionary has ever yet been published in the South, nor is there the least probability that one ever will be published within her bor.