Slavery moreover is monopolizing in its tendency, and leads to the accumulation of property in few hands.
Lewis Tappan: “Slavery moreover is monopolizing in its tendency, and leads to the accumulation of property in few hands.”
Editor's note · Context
Tappan argues that slavery tends to concentrate wealth and property in the hands of a few, critiquing the economic implications of the institution.
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Cotton is the product of slave labor, and its profits at home are confined almost exclusively to the slaveholders.
It has been the policy of the slaveholders to keep entirely out of sight their own numerical inferiority, and to speak and act as if their interests were those of the whole community.
In 1837, Governor Clarke, in his message to the Kentucky Legislature, remarked, "By the computation of those most familiar with the subject, ONE THIRD OF THE ADULT POPULATION OF THE STATE ARE UNABLE TO WRITE THEIR NAMES.
Has it ever happened that the mass of any people were rich enough to keep, for their own convenience, such expensive laborers--as southern slaves?