LOTTERY TICKET SIGNED BY WASHINGTON

As these extensive land ventures bespoke a national characteristic, so a liking for other forms of speculation was innate in the great American. During the Revolution he tried to secure an interest in a privateer. One of his favorite flyers was chances in lotteries and raffles, which, if now found only in association with church fairs, were then not merely respectable, but even fashionable. In 1760 five pounds and ten shillings were invested in one lottery. Five pounds purchased five tickets in Strother’s lottery in 1763. Three years later six pounds were risked in the York lottery and produced prizes to the extent of sixteen pounds. Fifty pounds were put into Colonel Byrd’s lottery in 1769, and drew a half-acre lot in the town of Manchester, but out of this Washington was defrauded. In 1791 John Potts was paid four pounds and four shillings “in part for 20 Lottery tickets in the Alexa. street Lottery at 6/ each, 14 Dollrs. the Bal. was discharged by 2.3 Lotr prizes.” Twenty tickets of Peregrine and Fitzhugh’s lottery cost one hundred and eighty-eight dollars in 1794. And these are but samples of innumerable instances. So, too, in raffles, the entries are constant,—“for glasses 20/,” “for a Necklace £1.,” “by profit & loss in two chances in raffling for Encyclopadia Britannica, which I did not win £1.4,” two tickets were taken in the raffle of Mrs. Dawson’s coach, as were chances for a pair of silver buckles, for a watch, and for a gun; such and many others were smaller ventures Washington took.

There were other sources of income or loss besides. Before the Revolution he had a good sized holding of Bank of England stock, and an annuity in the funds, besides considerable property on bond, the larger part of which, as already noted, was liquidated in depreciated paper money. This paper money was for the most part put into United States securities, and eventually the “at least £10,000 Virginia money” proved to be worth six thousand two hundred and forty-six dollars in government six per cents and three per cents. A great believer in the Potomac Canal Company, Washington invested twenty-four hundred pounds sterling in the stock, which produced no income, and in time showed a heavy shrinkage. Another and smaller loss was an investment in the James River Canal Company. Stock holdings in the Bank of Columbia and in the Bank of Alexandria proved profitable investments.

None the less Washington was a successful businessman. Though his property rarely produced a net income, and though he served the public with practically no profit (except as regards bounty lands), and thus was compelled frequently to dip into his capital to pay current expenses, yet, from being a surveyor only too glad to earn a doubloon (seven dollars and forty cents) a day, he grew steadily in wealth, and when he died his property, exclusive of his wife’s and the Mount Vernon estate, was valued at five hundred and thirty thousand dollars. This made him one of the wealthiest Americans of his time, and it is to be questioned if a fortune was ever more honestly acquired or more thoroughly deserved.

VI
MASTER AND EMPLOYER

In his “rules of civility” Washington enjoined that “those of high Degree ought to treat” “Artificers & Persons of low Degree” “with affibility & Courtesie, without Arrogancy,” and it was a needed lesson to every young Virginian, for, as Jefferson wrote, “the whole commerce between master and slave is a perpetual exercise of the most boisterous passions, the most insulting despotism on the one part, and degrading submissions on the other.”

Augustine Washington’s will left to his son George “Ten negro Slaves,” with an additional share of those “not herein particularly Devised,” but all to remain in the possession of Mary Washington until the boy was twenty-one years of age. With his taking possession of the Mount Vernon estate in his twenty-second year eighteen more came under Washington’s direction. In 1754 he bought a “fellow” for £40.5, another (Jack) for £52.5, and a negro woman (Clio) for £50. In 1756 he purchased of the governor a negro woman and child for £60, and two years later a fellow (Gregory) for £60.9. In the following year (the year of his marriage) he bought largely: a negro (Will) for £50; another for £60; nine for £406, an average of £45; and a woman (Hannah) and child, £80. In 1762 he added to the number by purchasing seven of Lee Massey for £300 (an average of £43), and two of Colonel Fielding Lewis at £115, or £57.10 apiece. From the estate of Francis Hobbs he bought, in 1764, Ben, £72; Lewis, £36.10; and Sarah, £20. Another fellow, bought of Sarah Alexander, cost him £76; and a negro (Judy) and child, sold by Garvin Corbin, £63. In 1768 Mary Lee sold him two mulattoes (Will and Frank) for £61.15 and £50, respectively; and two boys (negroes), Adam and Frank, for £19 apiece. Five more were purchased in 1772, and after that no more were bought. In 1760 Washington paid tithes on forty-nine slaves, five years later on seventy-eight, in 1770 on eighty-seven, and in 1774 on one hundred and thirty-five; besides which must be included the “dower slaves” of his wife. Soon after this there was an overplus, and Washington in 1778 offered to barter for some land “Negroes, of whom I every day long more to get clear of,” and even before this he had learned the economic fact that except on the richest of soils slaves “only add to the Expence.”

In 1791 he had one hundred and fifteen “hands” on the Mount Vernon estate, besides house servants, and De Warville, describing his estate in the same year, speaks of his having three hundred negroes. At this time Washington declared that “I never mean (unless some particular circumstance compel me to it) to possess another slave by purchase,” but this intention was broken, for “The running off of my cook has been a most inconvenient thing to this family, and what rendered it more disagreeable, is that I had resolved never to become the Master of another slave by purchase, but this resolution I fear I must break. I have endeavored to hire, black or white, but am not yet supplied.”

A few more slaves were taken in payment of a debt, but it was from necessity rather than choice, for at this very time Washington had decided that “it is demonstratively clear, that on this Estate (Mount Vernon) I have more working negros by a full moiety, than can be employed to any advantage in the farming system, and I shall never turn Planter thereon. To sell the overplus I cannot, because I am principled against this kind of traffic in the human species. To hire them out, is almost as bad, because they could not be disposed of in families to any advantage, and to disperse the families I have an aversion. What then is to be done? Something must or I shall be ruined; for all the money (in addition to what I raise by crops, and rents) that have been received for Lands, sold within the last four years, to the amount of Fifty thousand dollars, has scarcely been able to keep me afloat.” And writing of one set he said, “it would be for my interest to set them free, rather than give them victuals and cloaths.”