LETTER NO. V. OF HON. ROBERT J. WALKER.

London, 10 Half Moon Street, Piccadilly,
February 8th, 1864.

In my third and fourth letters on American finances and resources, the following comparisons were instituted: Massachusetts and New Jersey, Free States, with Maryland and South Carolina, Slave States; New York and Pennsylvania, Free States, with Virginia, Slave State; Rhode Island, Free State, with Delaware, Slave State; Illinois, Free State, with Missouri, Slave State; the Free States of 1790, with the Slave States of that day; the Free States of 1860, with the Slave States of that date. These comparisons were based on the official returns of the Census of the United States, and exhibited in each case and in the aggregate the same invariable result, the vastly superior progress of the Free States in wealth, population, and education.

I will now institute one other comparison, Kentucky, slaveholding, with Ohio, a Free State.

Kentucky—population in 1790, 73,077; Ohio, none. 1800: Kentucky, 220,955; Ohio, 45,365. 1860: Kentucky, 1,155,684; Ohio, 2,339,502. We must institute the comparison from 1800, as Ohio was a wilderness in 1790, when Kentucky had a population of 73,077. In Kentucky, the ratio of increase of population from 1800 to 1860 was 527.98 per cent., and in the same period in Ohio 5,057.08. (Table 1, Census 1860.) Thus from 1800 to 1860 Ohio increased in nearly tenfold the ratio of Kentucky.

Wealth.—By Tables 33 and 36, Census of 1860, the value of the product of 1859 was as follows:

Ohio,$337,619,000
Kentucky,115,408,000
Per Capita.
Ohio,$144 31
Kentucky,99 92

Thus is it, that, while in 1790 and 1800 Kentucky was so very far in advance of Ohio, yet, in 1860, so vast was the advance of Ohio as compared with Kentucky, that the value of the product of Ohio was nearly triple that of Kentucky, and, per capita, much more than one third greater. No reason can be assigned for these remarkable results, except that Kentucky was slaveholding, and Ohio a Free State.

Their area is nearly the same, and they are adjacent States; the soil of Kentucky is quite equal to that of Ohio, the climate better for crops and stock, and the products more various.

We have seen the actual results in 1860, but if Kentucky had increased in population from 1800 to 1860 in the same ratio as Ohio, Kentucky then would have numbered 11,175,970, or nearly ten times her present population; and if the product had been the same as in Ohio, per capita, the value would have been $1,612,804,230, or more than fourteen times greater than the result. Thus it is demonstrated by the official Tables of the Census of the United States, that if Kentucky had increased in wealth and population from 1800 to 1860 in the same ratio as Ohio, the results would have been as follows:

Kentucky: population in 1860, 11,175,970; actual population in 1860, 1,155,684; value of products in 1860, $1,612,804,230; actual value in 1860, $115,408,000.

Some attempt has been made to account for these marvellous results, by stating that Ohio has a border on one of the lakes, and Kentucky has not. But to this it may be replied, that Kentucky borders for twice the distance on the Ohio River, has a large front on the Mississippi River, and embraces within her limits those noble streams, the Cumberland and Tennessee Rivers, making, together with the Big Sandy, Licking, Kentucky, Green, and Barren Rivers, the natural advantages of Kentucky for navigation, superior to those of Ohio. But a conclusive answer to this argument is found in the fact that, omitting all the counties of Ohio within the lake region, the remainder, within the valley of the Ohio River, contain a population more than one half greater than that of the whole State of Kentucky.

Lands.-The farm lands, improved and unimproved, of Ohio, in 1860, were worth $666,564,171. The number of acres 20,741,138, value per acre $32.13. (Census of 1860, p. 197, Table 36.) The farm lands of Kentucky, improved and unimproved, were worth $291,496,953, the number of acres 19,163,276, worth per acre, $15.21. (Ib.) Difference in favor of Ohio, $375,067,165. But if to this we add the difference between the value of the town and city lots and unoccupied lands of Ohio and Kentucky, the sum is $125,009,000, which added to the former sum ($375,067,165) makes the difference in favor of Ohio $500,076,165, when comparing the value of all her lands with those of Kentucky. We have seen that the value of the products in 1860 was, Ohio $337,619,000, Kentucky $115,408,000. But these products embrace only agriculture, manufactures, the mines, and fisheries.

We have no complete tables for commerce in either State, but the canals and railroads are as follows (Census of 1860, No. 38, pp. 225, 226, 233): Ohio: Miles of railroad, 3,016.83; cost of construction, $113,299,514. Kentucky: Miles of railroad, 569.93; cost of construction, $19,068,477. Estimated value of freight transported on these railroads in 1860: Ohio, $502,105,000; Kentucky, $48,708,000. On the 1st of January, 1864, the number of miles of railroad in operation in Ohio was 3,356.74, costing $130,454,383, showing a large increase since 1860, while in Kentucky there was none. (Amer. R. R. Journal, p. 61, vol. 37.) Canals in 1860 (Census Table 39): Ohio, 906 miles; Kentucky, two and a half miles. These Tables all prove how vast has been the increase of the wealth of Ohio as compared with Kentucky.

Let us now examine some of the educational statistics.

By Census Table 37, giving the newspapers and periodicals in the United States in 1860, the whole number of that year was 4,051, of which only 879 were in the Slave States; total number of copies circulated that year in the United States, 927,951,548, of which number there were circulated in the Slave States only 167,917,188. This Table shows the total number of newspapers and periodicals published in Ohio in 1859 was 340, and the number of copies circulated that year in that State was 71,767,742. In Kentucky, the number of newspapers and periodicals published in 1859 was 77, and the number of copies circulated that year was 13,504,044, while South Carolina, professing to instruct and control the nation, had a circulation of 3,654,840, although South Carolina, in 1790, had a population of 249,073, when Ohio was a wilderness, and Kentucky numbered only 73,077.

As regards education, we must take the Tables for the Census of 1850, those for 1860 not having been yet published.

By Table 144, Census of 1850, the total number of pupils in public and private schools, colleges, and academies, was for that year as follows: Ohio, 502,826. Kentucky, 85,914. Percentage of native free population who cannot read or write (Table 155), Ohio 3.24; Kentucky, 9.12; Slave States, native white adults who cannot read or write, ratio 17.23; Free States, 4.12. (Table 157.) If we include slaves, more than one half the adults of the Slave States cannot read or write. Indeed, it is made by law in the Slave States a crime (severely punished) to teach any slave to read or write. These Tables also show that in South Carolina, the great leader of secession, (including slaves) more than three fourths of the people can neither read nor write. Such is the State, rejoicing in the barbarism of ignorance and slavery, exulting in the hope of reviving the African slave trade, whose chief city witnesses each week the auction of slaves as chattels, and whose newspapers, for more than a century, are filled with daily advertisements by their masters of runaway slaves, describing the brands and mutilations to which they have been subjected; that passed the first secession ordinance, and commenced the war upon the Union by firing upon the Federal flag and garrison of Sumter. Yet it is the pretended advocates of peace that justify this war upon the Union, and insist that it shall submit to dismemberment without a struggle, and permit slavery to be extended over nearly one half the national territory, purchased by the blood and treasure of the nation. Such a submission to disintegration and ruin—such a capitulation to slavery, would have been base and cowardly. It would have justly merited for us the scorn of the present, the contempt of the future, the denunciation of history, and the execration of mankind. Despots would have exultingly announced that 'man is incapable of self-government;' while the heroes and patriots in other countries, who, cheered and guided by the light of our example, had struggled in the cause of popular liberty, would have sunk despairingly from the conflict. This is our real offence to European oligarchy, that we will crush this foul rebellion, extinguish the slavery by which it was caused, make the Union stronger and more harmonious, and thus give a new impulse and an irresistible moral influence and power to free institutions.

Let me recapitulate some of the facts referred to in these letters, and established by the Census of the United States.

Area of the United States, 3,250,000 square miles, exceeding that of all Europe—all compact and contiguous, with richer lands, more mineral resources, a climate more salubrious, more numerous and better harbors, more various products, and increasing in wealth and population more rapidly than any other country.

Miles.
Our ocean shore line, including bays, sounds, and rivers, up to the head of tide water33,663
Lake shore line3,620
Shore line of Mississippi River and its tributaries above tide water above tide water is35,644
Shore line of all our other rivers49,857
Total122,784

Our country, then, is better watered than any other, and has more navigable streams, and greater hydraulic power.

We have completed since 1790, 5,782 miles of canal, costing $148,000,000; and 33,860 miles of railroad (more than all the rest of the world), costing $1,625,952,215. (Amer. R. R. Journal, 1864, No. 1,448, vol. 37, p. 61.)

Our land lines of telegraph exceed those of all the rest of the world, the single line from New York to San Francisco being 3,500 miles. Our mines of coal, according to Sir William Armstrong, the highest British authority, are thirty-two times as great as those of the United Kingdom.

Annual product of our mines of gold and silver, $100,000,000, estimated at $150,000,000 per annum by our Commissioner of the General Land Office, when the Pacific railroad shall be completed.

Public lands unsold, belonging to the Federal Government, 1,055,911,288 acres, being 1,649,861 square miles, and more than thirty-two times the extent of England.

Immigration to the United States from 1850 to 1860, 2,598,216, adding to our national wealth during that decade $1,430,000,000.

Education—granted by Congress since 1790 for the purposes of public schools—two sections (1,280 acres) in every township (23,040 acres), in all 1,450,000,000 acres of public lands; one eighteenth part given, being 80,555,555 acres, worth at the minimum price of $1.25 per acre, $100,694,443—the real value, however, was much greater.

Granted by Congress for colleges and universities, 12,080,000 acres, including 3,553,824 given by the Federal Government to the State of Tennessee, worth, at the minimum price of $1.25 per acre, $15,100,000, which is much below their true value.

Total in public lands granted by Federal Government for education, 92,635,555 acres; minimum value, $115,794,443.

In 1836, after full payment of the entire principal and interest of the public debt, there remained in the Federal Treasury a surplus of $38,000,000, of which about one half, $19,000,000, was devoted to educational purposes.

Total Federal appropriations since 1790 for education, $134,794,443.

This is exclusive of the many millions of dollars expended by the Federal Government for military and naval schools, etc., at West Point, Washington, Annapolis, and Newport. Besides these Federal donations, there has been granted by States, Territories, counties, towns, and cities of the Union for education, since 1790 (partly estimated) $148,000,000. Grand total by States and Federal Government appropriated in the United States since 1790, for education, $282,794,443. This is independent of numerous private donations for the same purpose, that by Mr. Girard exceeding $1,500,000, and that by Mr. Smithson exceeding $500,000. It is then a fact that the Governments of the United States, State and Federal, since 1790, have appropriated for education more money than all the other Governments of the world combined during the same period. This is a stupendous fact, and one of the main causes of our wonderful progress and prosperity. We believe that 'knowledge is power,' and have appropriated nearly $300,000,000, during the last seventy-four years, in aid of the grand experiment. We believe that 'man is capable of self-government,' but only when educated and enlightened. We believe that the power and wealth and progress of nations increase in proportion to the education and enlightenment of the masses. We believe in intellectual as well as machine and muscular power, and that when the millions are educated, and work with their heads as well as their hands, the progress of the nation will be most rapid. Our patent office is a wonderful illustration of this principle, showing on the part of our industrial classes more valuable inventions and discoveries, annually, than are produced by the workingmen of all the rest of the world.

Population.

In 1790,3,922,827
In 1800,5,305,937
In 1810,7,239,814
In 1820,9,638,191
In 1830,12,866,020
In 184017,069,453
In 1850,23,191,876
In 1860,31,445,080

Ratio of Increase.—From 1790 to 1800, 35.02; from 1800 to 1810, 36.45; from 1810 to 1820, 33.13; from 1820 to 1830, 33.49; from 1830 to 1840, 32.67; from 1840 to 1850, 35.87; from 1850 to 1860, 35.59. Thus it appears (omitting territorial acquisitions) that our ratio of increase was much greater from 1850 to 1860 than during any preceding decade. This was the result of augmented immigration, which is still to go on with increased power for many years. Making allowance for all probable contingencies, and reducing the decennial increase from 35.59 to three per cent. per annum, our able and experienced Superintendent of the Census, in his last official report, of 20th May, 1862, gives his own estimate of the future population of the United States:

1870,42,328,432
1880,56,450,241
1890,77,263,989
1900,100,355,802

That, in view of our new Homestead law—our high wages—the extinction of slavery—increased confidence in our institutions—and augmented immigration, these results will be achieved, can scarcely be doubted. As population becomes more dense in Europe, there will be an increased immigration to our Union, and each new settler writes to his friends abroad, and often remits money to induce them to join him in his Western home. The electric ocean telegraph will soon unite Europe with America, and improved communications are constantly shortening the duration of the voyage and diminishing the expense. Besides, this war has made us much better known to the European masses, who, everywhere, with great unanimity and enthusiasm sustain our cause, and, with slavery extinguished, will still more prefer our institutions.

From all these causes there will be an augmented exodus from Europe to America, when our rebellion is suppressed, and slavery overthrown. Besides, the President of the United States now proposes appropriations of money by Congress in aid of immigration, and such will become the policy of our Government. We have seen the official estimate made by our Superintendent of the Census, but if we take the ratio of increase of the last decade, the result would be as follows:

1870,42,636,858
1880,57,791,315
1890,78,359,243
1900,106,247,297

The estimate of the Superintendent is, therefore, six millions less than according to the ratio from 1850 to 1860, and much less than from 1790 to 1860.

When we reflect that if, as densely settled as Massachusetts, our population would exceed 513,000,000, or if numbering as many to the square mile as England, our inhabitants would then be more than twelve hundred millions, the estimate of 100,000,000 for the year 1900 cannot be regarded as improbable.

Our national wealth was

in 1850,$7,135,780,228
In 1860,$16,159,616,068

Increase from 1850 to 1860, 126.45 per cent.


At the same rate of increase for the four succeeding decades, the result would be:

In 1870,$36,593,450,585
In 1880,82,865,868,849
In 1890,187,314,053,225
In 1900,423,330,438,288

Tonnage.

In 1841,1,368,127 tons.
In 1851,3,772,439 "
In 1861,5,539,812 "

At the same rate of increase as from 1851 to 1861, the result would be:

In 1871,8,134,578 tons.
In 1881,11,952,817 "
In 1891,17,541,514 "
In 1901,25,758,948 "

Total number of copies of our newspapers and periodicals circulated in the United States in 1860, 927,951,548, exceeding that of all the rest of the world.

Let us now recapitulate the results from our Census, founded on a comparison of the Slave and Free States.


Massachusetts.—Free State.Maryland.—Slave State.
Area, 7,800 square miles11,124 square miles.
Population in 1790, 378,717319,728.
Population in 1860, 1,231,066687,049.
Products in 1859, $287,000,000$66,000,000.
Products per capita, $235$96.
Railroads, 1,340 miles380 miles.
Railroads cost, $61,857,203$21,387,157.
Freight of 1860, $500,524,201$101,111,348.
Tonnage built in 1860, 34,460 tons$101,111,348.
Bank capital, $64,519,200$12,568,962.
Imports and exports, $58,190,816$12,568,962.
Value of property, $815,237,433$376,919,944.
Gross profit on capital, 35 per cent$376,919,944.
Copies of press circulated in 1860, 102,000,76020,723,472.
Pupils at public schools in 1860, 176,47533,254.
Volumes in public libraries, 684,015125,042.
Value of churches, $10,206,000$3,947,884.
New York.—Free State.Virginia.—Slave State.
Area, 47,000 square miles61,392 square miles.
Population in 1790, 340,120748,308.
Population in 1860, 3,880,735748,308.
Product of 1859, $606,000,000$120,000,000.
Per capita, $156$75.
Gross profit on capital, 34 per cent15 per cent.
Value per acre of farm lands, $38.26$11.91.
Railroads, 2,842 miles1,771 miles.
Railroads, cost of construction, $138,395,055$64,958,807.
Freight in 1860, $579,681,790$110,000,000.
Canals, 1,038 miles178 miles.
Canals, cost, $67,567,972$7,817,000.
Tonnage built in 1860, 31,9364,372.
Bank capital, $111,441,320$16,005,156.
Exports and imports, 1860, $394,045,326$7,184,273.
Copies of press circulated in 1860, 320,980,88426,772,518.
Pupils at public schools in 1860, 675,22167,428.
Volumes in public libraries, 1,760,82088,462.
Value of churches, $21,539,561$2,002,220.
Percentage of native free population who cannot read or write, 1.8719.90.

Compare the column as regards Virginia with the returns for Pennsylvania, and the result is nearly as remarkable as that of New York.

Pennsylvania, area 46,000, population in 1790, 434,373; in 1860, 2,900,115. Products of 1859, $399,600,000, per capita, $138, profit on capital, 22 per cent. Value of farm lands per acre, $38.91. Railroads, 2,690 miles, costing $147,483,410. Canals, 1,259 miles, costing $42,015,000. Tonnage built in 1860, 21,615 tons. Bank capital, $25,565,582. Exports and imports, $20,262,608, Copies of press circulated in 1860,116,094,480. Pupils at public schools, 413,706. Volumes in public libraries, 363,400. Value of churches, $11,853,291.

Illinois.—Free State.Missouri.—Slave State.
Area, 55,405 square miles67,380 square miles.
Population, 1810, 12,28220,845.
Population, 1860, 1,711,9511,182,012.
Ratio of increase from 1810 to 1860, 13,838 per ct.5,570.
Railroads in operation in 1860, 2,868 miles817 miles.
Ditto, 1st of January, 1864, 3,080 miles914 miles.
Value of farm lands, 1860, $432,531,072$230,632,126.
Canals, 102 milesnone.
Ratio of increased value of property from 1850 to 1860, 458 per cent.265 per cent.
At same ratio from 1860 to 1870, as from 1850 to 1860, total wealth in 1870 would be $3,993,000,000$1,329,000,000.
Rhode Island.—Free State.Delaware.—Slave State.
Area, 1,306 square miles2,120 square miles.
Population in 1792, 69,11059,096.
Population in 1860, 174,520112,216.
Product in 1859, $52,400,000$16,100,000.
Value of property in 1860, $135,000,000$46,242,181.
Bank capital, $20,865,569$1,640,675.
Copies of press issued in 1860, 5,289,2801,010,776.
Pupils at public schools, 23,1308,970.
Volumes in public libraries, 104,34217,950.
Pupils at colleges and academies, 3,664764.
Percentage of native free adults who cannot read or write, 1.4923.03.
Value of churches, $1,293,700$340,345.
New Jersey.—Free State.South Carolina.—Slave State.
Area, 8,320 square miles24,500 square miles.
Population in 1790, 184,139249,073.
Population in 1860, 672,035703,708.
Ratio of increase from 1790 to 1860, 265 per cent.182 per cent.
Population per square mile in 1860, 80.7728.72.
Increase of population per square mile from 1790 to 1860, 58.64 per cent.18.55 per cent.
Population in 1860, remaining the same per square mile, if area equal to that of South Carolina, 1,978,650.Population in 1860, remaining the same per square mile, area equal to that of New Jersey, 238,950.
Product of 1859, $167,398,003$46,445,782.
Per capita, $249$66.
Farm lands, 1860, improved and unimproved acres, 2,983,53115,595,860.
Value in 1860, $180,250,338$139,652,508.
Agricultural products of 1860, $86,398,000$39,645,728.
Agricultural products of 1860, $86,398,000$39,645,728.
Product per acre, $28.96$2.54.
Improved lands, 1,944,445 acres4,572,060 acres.
Product per acre, $44.43$8.67.
Value of farm lands per acre, $60.42$8.95.
Value of farm lands per acre, $60.42$8.95.
Value of farm lands, if worth as much per acre as those of New Jersey, $942,660,377.
Copies of press issued in 1860, 12,801,4123,654,840.
Percentage of native free adults who cannot read or write, 5.1012.73.
Percentage of native white children at school, 80.56.26.025.
Pupils at colleges, academies, and public schools, 88,24426.025.
Value of churches, $3,712,863$2,181,476.
Michigan.—Free State.Florida.—Slave State.
Area, 56,243 square miles59,268 square miles.
Population, 1810, 4,76216,989, Spanish.
Population, 1820, 8,76523,801, Spanish.
Population, 1830, 31,63934,730, Spanish.
Population, 1860, 749,113140,425, Spanish.
Population per square mile in 1810, 0.080.28.
Population per square mile in 1820, 0.150.38.
Population per square mile in 1830, 0.560.58.
Population per square mile in 1860, 13.322.37
Absolute increase of population from 1830 to 1860, 717,474105,695.
Relative rank in 1830, 2526.
Relative rank in 1860, 1631.
Absolute increase of population from 1850 to 1860 per square mile, 6.250.89.
Value of total product of 1859, $99,200,000$12,300,000.
Of agriculture alone, $64,000,000$9,600,000.
Total product per capita, $132.04$87.59.
Farm lands improved and unimproved in 1860, 6,931,442 acres2,849,572 acres.
Improved farm lands, 1860, 3,419,861 acres676,464 acres.
Value of lands improved and unimproved in 1860, $163,279,087$16,371,684.
Product per acre, $9.23$3.01.
Product of improved land, $18.71$14.18.
Value of farm lands, 1860, per acre, $23.55$5.74.
Value of farm lands of Florida, if worth as much per acre as those of Michigan, $67,105,222.
Product of Florida lands, if equal per acre to those of Michigan, in 1859, $26,300,549.
Copies of press issued in 1860, 11,606,5961,081,601.
Percentage of native free adults, who cannot read or write, 2.849.18.
Public libraries, 107,943 volumes2,660 volumes.
Pupils in public schools, academies, and colleges, 112,3823,129.
Percentage of native white children at school, 99.5335.77.
Wisconsin.—Free State.Texas.—Slave State.
Area, 53,924 square miles274,356 square miles.
Population in 1840, 30,74980,983. (Republic.)
Population in 1860, 775,881604,215.
Population per square mile in 1840, 0.570.29.
Population per square mile in 1860, 8.992.20.
Increase per square mile from 1840 to 1860, 8.42.1.91.
Absolute increase of population from 1850 to 1860 per square mile, 8.991.41.
Value of total product of 1859, $101,375,000$52,749,000.
Of agriculture alone, $72,875,000$46,499,000.
Total product per capita, $130.39$87.30.
Farm lands improved and unimproved, 7,899,170 acres23,245,433 acres.
Improved farm lands, 1860, 3,746,036 acres2,649,207 acres.
Value of lands improved and unimproved in 1860, $131,117,082$104,007,689.
Product per acre of improved and unimproved lands in 1859, $9.22$2.00.
Product per acre of improved lands in 1859, $19.45$17.56.
Value of farm lands per acre, $16.59$4.47.
Value of farm lands of Texas, if worth as much per acre as those of Wisconsin, $385,641,733.
Product of Texas lands in 1859, if equal per acre to those of Wisconsin, $214,212,892.
Copies of press issued in 1860, 10,798,6707,855,808.
Percentage of native free adults who cannot read or write, 1.0411.84.
Public libraries, 21,020 volumes4,230 volumes.
Pupils in colleges and public schools, 61,61511,500.
Percentage of native white children at school, 74.9045.82.
Indiana.—Free State.Tennessee.—Slave State.
Area, 33,809 square miles45,600 square miles.
Population, 1790, none35,791.
Population, 1800, 4,875105,602.
Population, 1860, 1,350,4281,109,801.
Product of 1859, $175,690,628$99,894,070.
Agricultural, $132,440,682$82,792,070.
Total product, per capita, $130.10$90.01.
Product of agriculture, per capita, $90.68$74.60.
Population per square mile in 1800, 0.142.31.
Population per square mile, 1860, 39.6324.34.
Absolute increase of population, from 1850 to 1860, per square mile, 10.722.35.
Relative rank in 1800, 2015.
Relative rank in 1860, 610.
Farm lands improved and unimproved, 16,315,776 acres20,355,934 acres.
Improved do., 8,161,717 acres6,897,974 acres.
Value of farm lands, $344,903,776$272,555,054.
Ditto, per acre, $21.13$13.39.
Value of product per acre of improved and unimproved farm lands, $8.17$4.06.
Ditto, of Improved farm lands, $16.26$12.
Volumes in public libraries, 68,40322,896.
Pupils at public schools and colleges, 168,754115,750.
Free States of 1790.Slave States of 1790.
Namely: Massachusetts (then including Maine), Rhode Island, Connecticut, New Hampshire, Vermont, New York, New Jersey, and Pennsylvania.Namely: Delaware, Maryland, Virginia, North Carolina, South Carolina, Georgia, Kentucky, and Tennessee.
Area, 169,668 square miles300,580 square miles.
Population in 1790, 1,968,4591,961,372.
Population in 1860, 10,594,1687,414,684.
Population per square mile in 1790, 11.606.50.
Population per square mile in 1860, 62.4424.66.
Increase of population per square mile, from 1790 to 1860, 50.8418.14.
Free States of 1860.Slave States of 1860.
Area, 835,631 square miles888,591 square miles.
Farm lands, 161,462,000 acres248,721,062 acres.
Value, $4,067,947,286$2,570,466,935.
Value per acre, $25.19$10.46.
Total product of 1859, namely: of agriculture, manufactures, mines, and fisheries, $4,150,000,000$1,140,000,000.
Per capita, $217$93.
Copies of press issued in 1860, 760,034,360167,917,188.
By Table 157 (Census of 1850), ratio of native white adults who cannot read or write, 4.12 per cent.17.23 per cent. (more than 4 to 1).
Same Tables for Census of 1860, partially estimated, 3.21 per cent17.03 percent. (more than 5 to 1).
Whole additional value of all the Slave States, whether farm lands or unoccupied, if worth as much per acre as those of the Free States, $5,859,246,616.
Total value of products of the Slave States in 1859, if equal per capita to those of the Free States, $2,653,631,032.
Deduct actual products of 1859, $1,140,000,000.
Absolute increase of 1859, if Free States $1,513,631,032.
That is, the additional value of the actual products of the Slave States, caused by emancipation, $1,513,631,032.
Total value of all the property, real and personal, of the Free States in 1860, $10,852,081,081.Ditto, of all the Slave States, including slaves, $5,225,307,034.
Annual gross profit of capital, 39 per cent.22 per cent.
If we could add the annual earnings of commerce (not included in the Census Tables), the yearly product of the Free States per capita would be almost triple that of the Slave States, the commerce of New York alone being nearly equal to that of the entire South.
Total agricultural product of Free States in 1859, $2,527,676,000$862,324,000 (Slave States).
Agricultural product of Free States per capita in 1859, $131.48Ditto of Slave States per capita in 1859, $70.56
Ditto, per acre in 1859, improved and unimproved lands, $15.65$3.58
Ditto, per acre, improved lands, $28.68$11.55

It is thus demonstrated by the official statistics of the Census of the United States, from 1790 to 1860, that the total annual product of the Free States per capita exceeds that of the Slave States, largely more than two to one, and, including commerce, very nearly three to one. As regards education, also, we see that the ratio in favor of the Free States is more than four to one in 1850 (4.12 to 17.23), and, in 1860, more than five to one (3.21 to 17.03). And even as regards agricultural products, we have seen that those of the Free States were $2,527,676,000 per annum, and of the Slave States only $862,324,000. The value of the lands of the Free States was $25.19 per acre, of the Slave States only $10.46 per acre; the product of the improved lands of the Free States was $26.68 per acre and of the Slave States $11.55, while, per capita, the result was $131.48 to $70.56.

These facts prove how much greater the crops of the Slave States would be, if their farms (including cotton) were cultivated by free labor. It is also thus demonstrated how completely the fertile lands of the South are exhausted and reduced in value by slave culture. Having thus proved, deductively, the ruinous effects of slavery, I will proceed, in my next letter, inductively, to exhibit the causes which have produced these remarkable results.

R. J. Walker.


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