Political economy has been the peculiar study of Virginia. But there are some important truths connected with this science which she has hitherto overlooked or wantonly disregarded.

Population increasing with the means of subsistence is a fair test of national wealth.

By reference to the several censuses of the United States, it will be seen that the white population increases nearly twice as fast in states where there are few or no slaves as in the slave states.

Again, in the latter states the slave population has increased twice as fast as the white. Let us take, for example, the period of twenty years, from 1790 to 1810, and compare the increase of the two classes in three of the Southern states.

Per cent. of whites. Per cent. of blacks.
Maryland 13 31
Virginia 24 38
North Carolina 30 70

The causes of this disproportionate increase, so inimical to the true interests of the country, are very manifest.

A large proportion of the free inhabitants of the United States are dependent upon their labor for subsistence. The forced, unnatural system of slavery in some of the states renders the demand for free laborers less urgent; they are not so readily and abundantly supplied with the means of subsistence as those of their own class in the free states, and as the necessaries of life diminish population also diminishes.

There is yet another cause for the decline of the white population. In the free states labor is reputable. The statesman, whose eloquence has electrified a nation, does not disdain in the intervals of the public service to handle the axe and the hoe. And the woman whose beauty, talents, and accomplishments have won the admiration of all deems it no degradation to "look well to her household."

But the slave stamps with indelible ignominy the character of occupation. It is a disgrace for a highborn Virginian or chivalrous Carolinian to labor, side by side, with the low, despised, miserable black man. Wretched must be the condition of the poorer classes of whites in a slave-holding community! Compelled to perform the despised offices of the slave, they can hardly rise above his level. They become the pariahs of society. No wonder, then, that the tide of emigration flows from the slave-cursed shores of the Atlantic to the free valleys of the West.

In New England the labor of a farmer or mechanic is worth from $150 to $200 per annum. That of a female from $50 to $100. Our entire population, with the exception of those engaged in mercantile affairs, the professional classes, and a very few moneyed idlers, are working men and women. If that of the South were equally employed (and slavery apart, there is no reason why they should not be), how large an addition would be annually made to the wealth of the country? The truth is, a very considerable portion of the national wealth produced by Northern labor is taxed to defray the expenses of twenty-five representatives of Southern property in Congress, and to maintain an army mainly for the protection of the slave-master against the dangerous tendencies of that property.