The merchants of the North pursued the slave trade so relentlessly because it paid such enormous profits on the capital outlay. Some of the voyages went wrong, but the trade, on the whole, netted immense returns. At the end of the eighteenth century a good ship, fitted to carry from 300 to 400 slaves, could be built for about $35,000. Such a ship would make a clear profit of from $30,000 to $100,000 in a single voyage. Some of them made as many as five voyages before they became so foul that they had to be abandoned.[21] While some voyages were less profitable than others, there was no avenue of international trade that offered more alluring possibilities.
Sanctioned by potentates, blessed by the church, and surrounded with the garments of respectability, the slave trade grew, until, in the words of Samuel Hopkins (1787), "The trade in human species has been the first wheel of commerce in Newport, on which every other movement in business has depended.... By it the inhabitants have gotten most of their wealth and riches." (Spears, p. 20.) After the vigorous measures taken by the British Government for its suppression, the slave trade was carried on chiefly in American-built ships; officered by American citizens; backed by American capital, and under the American flag.
The slave trade was the business of the North as slavery was the business of the South. Both flourished until the Proclamation of Emancipation in 1863.
4. Slavery in the United States
Slavery and the slave trade date from the earliest colonial times. The first slaves in the English colonies were brought to Jamestown in 1619 by a Dutch ship. The first American-built slave ship was the Desire, launched at Marblehead in 1636. There were Negro slaves in New York as early as 1626, although there were only a few hundred slaves in the colonies prior to 1650.
Since slave labor is economical only where the slaves can be worked together in gangs, there was never much slavery among the farmers and small business men of the North. On the other hand, in the South, the developing plantation system made it possible for the owner to use large gangs of slaves in the clearing of new land; in the raising of tobacco, and in caring for rice and cotton. The plantation system of agriculture and the cotton gin made slavery the success that it was in the United States. "The characteristic American slave, indeed, was not only a Negro, but a plantation workman."[22]
The opening years of the nineteenth century found slavery intrenched over the whole territory of the United States that lay South of the Mason and Dixon line. In that territory slave trading and slave owning were just as much a matter of course as horse trading and horse owning were a matter of course in the North. "Every public auctioneer handled slaves along with other property, and in each city there were brokers, buying them to sell again, and handling them on commission."[23]
The position of the broker is indicated in the following typical bill of sale which was published in Charleston, S. C., in 1795. "Gold Coast Negroes. On Thursday, the 17th of March instant, will be exposed to public sale near the exchange ... the remainder of the cargo of negroes imported in the ship Success, Captain John Conner, consisting chiefly of likely young boys and girls in good health, and having been here through the winter may be considered in some degree seasoned to the climate."[24]
Such a bill of sale attracted no more attention at that time than a similar bill advertising cattle attracts to-day.
During the early colonial days, the slaves were better fed and provided for than were the indentured servants. They were of greater money value and, particularly in the later years when slavery became the mainstay of Southern agriculture, a first class Negro, acclimated, healthy, willing and trustworthy, was no mean asset.