Continental Monthly - Volume 1 - Issue 3 by Various
page 23 of 313 (07%)
page 23 of 313 (07%)
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Let us examine the estimate of $20 per month, and, although it is admitted that female field hands do not bear many children, take the average increase of the country, or 2-335/1000 per cent. per annum. The standard of value for an A 1 field hand is $100 for each cent per pound of the price of cotton, say ten cents per pound, $1000, and the standard of value for all the slaves upon a plantation is one-half the value of a field hand. Suppose a plantation stocked with 100 slaves, men, women, and piccaninnies, at 8500 each, $50,000 Interest at 8 per cent., a low rate for the South, 4,000 Customary allowance for life insurance or mortality, 1,000 Overseer's wages, 1,000 House and provisions, 500 Doctor's fees, hospital, and medicines, 500 Renewal and repairs of negro quarters, 500 Clothing and food, at $1 per week for each slave, 5,200 ______ 12,700 _Credit_. Increase to keep good the mortality, 2 Annual gain, 2-335/1000, say 3 |
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