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South, is fully illustrated in the great prosperity of the Spanish, French, and English provinces, during the whole time of the existence of slavery in them, and the sudden and continuous decline of every agricultural and other interest in each and every one of those provinces, from the day on which African slavery was abolished. Every colonial nation availed itself of this great element of laboring power. Spain, under Charles the Fifth, France, under Louis thirteenth, and England, under Elizabeth, all granted to favorite subjects a monopoly of the slave trade, and each derived revenue from the traffic; and African slavery and the slave trade became a part of the political system of each of these great European powers. England was the last to approve and encourage this traffic. At, first its advantages were rejected by her continental provinces, but at length they engaged in it with great activity and success; and the profit to the colonist, as well as to the crown, induced Englan