To: marcos who wrote (927 ) 1/19/2003 4:22:33 PM From: marcos Read Replies (2) | Respond to of 1293 ' In Texas uncertainty as to the status of slaves had hampered development so long as it remained a province of Mexico; and the wars of independence and annexation, along with Indian troubles, obstructed exploitation till near the middle of the century. But in 1853 a local newspaper could report: "The cotton crop of Texas raised last year is estimated at 120,000 bales. The crop has been doubling itself for the last twelve or fourteen years, and at the present rate of progression, in three more all the ox-teams that can be mustered will prove insufficient to haul the enormous load." ' ... end quotes ... this is typed in, hard carriage returns included, from page 104 of 'Life and Labor in the Old South', author Ulrich Bonnell Phillips, copyright 1929, publisher Little, Brown And Company, 'Boston and Toronto' .... no ISBN number appears in the first or last pages of the book, but putting the author's full name into google brings many hits ... this next is from page 180, bolding is mine - ' "The old rule of pricing a negro by the price of cotton by the pound - that is to say, if cotton is worth twelve cents a negro man is worth $1200.00, if at fifteen cents then $1500.00 - does not seem to be regarded. Negroes are 25 per cent higher now with cotton at ten and one half cents than they were at two or three years ago when it was worth fifteen and sixteen cents. ... A reverse will surely come." A New Orleans writer under- took a rebuttal: "The theory that the price of negroes is ruled by the price of cotton is not good, for it does not account for the present aspect of the slave market. ... Nor do we agree with our contemporaries who argue that a speculative demand is the unsubstantial basis of the advance in the price of slaves - that the rates are too high and must come down very soon. It is our impression that the great demand for slaves in the South- west will keep up the prices as it caused their advance in the first place , and that the rates are not a cent above the real value of the laborer who is to be engaged in tilling the fertile lands of a section of the country which yields the planter nearly double the crop that the fields of the Atlantic States do. The Southwest is being opened by a great tide of emigration. The planter who puts ten hands to work on the prolific soil of Texas and Western Louisiana soon makes money enough to buy ten more , and they have to be supplied from the older States - hence the prices which rule in Virginia, the Carolinas and Georgia. A demand founded in such causes cannot fall off for a score or more years, and the prices of negroes must keep up. They will probably advance somewhat." '