previous next

[101] put into effect, time was the inevitable emancipation of African slavery. A property status could not possibly attract to labor the moment the property value became higher than the value of the products of the labor. Cotton could be kept at ten cents by white producers and by improved methods of cultivation. Negro slave cotton producers could not be kept down to $1,000 per head, when coal mining, iron manufacture, railroad building, etc., came in to compete for negro slave labor. In the Birmingham district to-day, are many coal mine and ore mine operators who owned in 1860, a quarter of a million dollars in cotton field negroes. Must they not have sold them by now to have invested in wage employing mines, rather than retain them in the less profitable employment of the cotton field?

The record stands, General Lee, the commanding general of the Confederate armies, voluntarily manumitted his slaves. Mr. Yancey, the oratorical agitator of the constitutional principles which were attempted by the Confederacy was a leader in the policy of rejection by the Confederacy of the African slave trade, thus hastening the maturity of the institution of slavery and providing for the industrial economy which must have worked out the final emancipation of labor from the status of prosperity to the status of wages.

Dr. McGuire relates that President Lincoln pronounced the Union indissoluble because the Southern ports on 10 per cent. duties would cut off this revenue of the port of New York and starve the northern nation. It is important to remember that upon the organization of the Provisional Government at Montgomery and the appointment of Mr. Yancey at the head of the commission to go to Europe to sue for recognition of the new born Republic, he asked to be instructed to offer to the commercial nations of Europe, England and France, a treaty quite similar to the treaty which General Washington asked, successfully, the Congress to negotiate with France and Spain.

Mr. Yancey, at the suggestion of Mr. Rhett, of South Carolina, asked to be permitted to offer European powers a contract of twenty years duration, fixing the duties at all Southern ports at 20 per cent. ad valorem. A bill was offered in Congress embodying these views, but reducing the time to six years. Mr. Rhett refused to accept this reduction of time, and this bill failed. The commission to Europe was thus doomed to failure, and with this fore knowledge, Mr. Yancey went upon it, consenting to his own sacrifice with characteristic valor.


Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 3.0 United States License.

An XML version of this text is available for download, with the additional restriction that you offer Perseus any modifications you make. Perseus provides credit for all accepted changes, storing new additions in a versioning system.

hide Places (automatically extracted)
hide People (automatically extracted)
Sort people alphabetically, as they appear on the page, by frequency
Click on a person to search for him/her in this document.
William Lowndes Yancey (4)
Rhett (2)
George Washington (1)
Hunter McGuire (1)
Abraham Lincoln (1)
Fitzhugh Lee (1)
John Witherspoon Du Bose (1)
hide Dates (automatically extracted)
Sort dates alphabetically, as they appear on the page, by frequency
Click on a date to search for it in this document.
1860 AD (1)
hide Display Preferences
Greek Display:
Arabic Display:
View by Default:
Browse Bar: