It is apparent, then, that, as regards easy access to the West, the natural advantages of Virginia surpass New York, and with greater facilities for artificial works. How many decades would be required, after emancipation, to bring the superior natural advantages of Virginia into practical operation, is not the question; nor do I believe that the city of New York will ever cease to be the centre of our own trade, and ultimately of the commerce of the world. But although Virginia, in adhering to slavery, has lost her supremacy in the Union, it is quite certain that, as a Free State, she would commence a new career of wonderful prosperity, that capital and population from the North and from Europe would flow there with a mighty current, her lands be doubled in value, and her town and city property far more than quadrupled.
Mines.—Virginia has vast mines of coal, the great element of modern progress. New York has none. It is coal that has made Great Britain a mighty empire, giving her power, by land and sea, equal to the manual force of all mankind. It is stated by the Commissioner of the General Land Office, in his report before referred to, of November, 1860, 'that an acre of coal, three feet thick, is equal to the product of 1,940 acres of forest trees; and each acre of a coal seam four feet in thickness, and yielding one yard of pure coal, is equivalent to 5,000 tons, and possesses, therefore, a reserve of mechanical strength in its fuel, equal to the life labor of more than 1,600 men.'
This statement of the Commissioner is made on the highest authority, and proves the vast natural advantages of Virginia over New York. Virginia, also, has far more abundant mines of iron, more widely diffused over the State, reaching from tide water to the Ohio. She has also these iron mines in juxtaposition with coal and all the fluxes. Virginia, also, has valuable mines of gold, lead, and copper. New York has no gold or copper mines, and produced in 1860 but $800 worth of lead. (Table 14.)
Hydraulic Power.—Omitting Niagara, which thus far scorns the control of man, the hydraulic power of Virginia very far exceeds that of New York. It is to be found on the Potomac and its tributaries, and upon nearly every stream that flows into the Chesapeake or Ohio. The superior mildness of the climate of Virginia makes this power available there for a much greater portion of the year. The great falls of the Potomac, where Washington constructed the largest locks of the continent, has a water power unsurpassed, and is but twelve miles from tide water, at Washington. This point is a most healthy and beautiful location, surrounded by lands whose natural fertility was very great, and, in the absence of slavery, must have been a vast manufacturing city. This water power could move more spindles than are now worked on all this continent.
Agriculture and Manufactures.—The natural fertility of the soil of Virginia far exceeded that of New York, with a more genial sun, and much more favorable seasons for agricultural products, as well as for stock. The number of acres of land in Virginia susceptible of profitable culture, is nearly double that of New York, but much of it has been impoverished by slave labor, scratching and exhausting the soil, without manure or rotation of crops. The census shows that Virginia has all the products of New York, and cotton in addition. Virginia produced, in 1860, 12,727 bales of cotton (table 36), worth, at present prices, nearly $3,000,000. She also adjoins the States of North Carolina and Tennessee, producing, in 1860, 372,964 bales, worth, at present prices, nearly $90,000,000. Virginia is also much nearer than New York to all the other cotton States. With these vast advantages, with her larger area, more fertile soil, cheaper subsistence, her coal and iron and great hydraulic power, with so much cotton raised by herself and in adjacent States, Virginia should have manufactured much more cotton than New York. But, by the census (table 22), the value of the cotton manufacture of Virginia in 1850 was $1,446,109, and in 1860, $1,063,611—a decrease of one third. In New York, the value of the cotton manufacture in 1850 was $5,019,323, and in 1860, $7,471,961, an increase of over 48 per cent. So, if we look at the tables of mines, manufactures, and the fisheries, with the vastly superior advantages of Virginia, the whole product in 1860 was of the value of $51,300,000, and of agriculture $68,700,000; whilst in New York these values were respectively $379,623,560 and $226,376,440. (Tables of Census, 33 and 36.)
Climate and Mortality.—By table 6, page 22, of the Census, there were for the year ending June 1st, 1860, 46,881 deaths in New York, being 1 in every 82 of the population, and 1.22 per cent. The number of deaths in Virginia, in the same year, was 22,472, being 1 in every 70 of the population, or 1.43 per cent. There was, then, a slight difference in favor of New York. But Virginia is divided into four geographical sections: the tide-water, the Piedmont (running from the tide-water region to the Blue Mountains), the valley between these mountains and the Alleghanies, and the trans-Alleghany to the Ohio. These three last sections, containing three fourths of the area and white population of the State, surpass New York in salubrity, with the most bracing and delightful climate. The climate of Virginia is far more favorable for stock and agricultural products than New York, with longer and better seasons, and is more salubrious than the climate of Europe. (Comp. 1850.)
Progress of Wealth.—We have seen how great was the advance in population of New York over Virginia, from 1790 to 1860, being in the ratio of more than 9 to 1. Now let us compare the relative progress of wealth. It is contended by the advocates of slavery, that it accumulates wealth more rapidly, and thus enriches the nation, although it may depress its moral and intellectual development, its increase of numbers and of power, and tarnish its reputation throughout the world. As population and its labor create wealth, it must be retarded by a system which, as we have seen in this case, diminishes the relative advance of numbers in the ratio of more than 9 to 1. But the census proves that slavery greatly retards the increase of wealth. By tables 33 and 36 of the census of 1860, it appears, omitting commerce, that the products of industry, as given, viz., of agriculture, manufactures, mines, and fisheries, were that year in New York $604,000,000, or $155 per capita; and in Virginia $120,000,000, or $75 per capita. This shows a total value of product in New York more than five times greater than in Virginia, and per capita, more than 2 to 1. If we include the earnings of commerce, and all business not given in the census, I think it will be shown hereafter, that the value of the products and earnings of New York, in 1860, exceeded those of Virginia at least 7 to 1. As to the rate of increase, the value of the products of agriculture, manufactures, mines, and fisheries of Virginia, in 1850, was $84,480,428 (table 9), and in New York $356,736,603, showing an increase in Virginia from 1850 to 1860 of $35,519,572, being 41 per cent., and in New York $247,263,397, being 69 per cent., exhibiting a difference of 28 per cent. Now the increase of population in Virginia from 1850 to 1860 was 12.29 per cent., and in New York 25.29 per cent., the difference being only 13 per cent. (Table 1, p. 131.) Thus, it appears, the increase of wealth in New York, exclusive of the gains of commerce, as compared with Virginia, was more than double the ratio of the augmentation of population. By the census table of 1860, No. 35, p. 195, 'The true value of the real and personal property, according to the eighth census was, New York, $1,843,338,517, and of Virginia $793,249,681.' Now we have seen the value of the products of New York in 1860 by the census was $604,000,000, and in Virginia $120,000,000. Thus, as a question of the annual yield of capital, that of New York was 32.82 per cent., and Virginia 15.13 per cent.; the annual product of capital being more than double in New York what it was in Virginia. The problem then is solved in Virginia, as it was in Maryland and South Carolina, and all the South compared with all the North, that slavery retards the progress of wealth and accumulation of capital, in the ratio of 2 to 1. Our war taxes may be very great, but the tax of slavery is far greater, and the relief from it, in a few years, will add much more to the national wealth than the whole deduction made by the war debt. Our total wealth, by the census of 1860, being, by table 35, $16,159,616,068, one per cent. taken annually to pay the interest and gradually extinguish the war debt, would be $161,596,160; whereas, judging by Virginia and New York, the diminished increase of the annual product of capital, as the result of slavery, is 2.8 per cent., or $452,469,250 per annum, equal in a decade, without compounding the annual results, to $4,524,692,500.
That our population would have reached in 1860 nearly 40,000,000, and our wealth have been more than doubled, if slavery had been extinguished in 1790, is one of the revelations made by the census; whilst in science, in education, and national power, the advance would have been still more rapid, and the moral force of our example and success would have controlled for the benefit of mankind the institutions of the world.
By table 36, p. 196, of the census of 1860, the cash value of the farms of Virginia was $371,096,211, being $11.91 per acre, and of New York $803,343,593, being $38.26 per acre. Now, by the table, the number of acres embraced in these farms of New York was 20,992,950, and in Virginia 31,014,950, the difference of value per acre being $26.36, or much more than 3 to 1 in favor of New York. Now, if we multiply this number of acres of farm lands of Virginia by the New York value, it would make the total value of the farm lands of New York $1,186,942,136, and the additional value caused by emancipation $815,845,925. Now the whole number of slaves in Virginia in 1860, was 490,865; multiplying which by $300 as their average value, would be $147,259,500, leaving $668,586,425 as the sum by which Virginia would be richer in farms alone, if slavery were abolished. But, stupendous as is this result in regard to lands, it is far below the reality. We have seen that the farm lands of Virginia, improved and unimproved, constituted 31,014,950 acres. By the census and the land-office tables, the area of Virginia is 39,265,280 acres. Deduct the farm lands, and there remain unoccupied 8,250,330 acres. Now, Virginia's population to the square mile being 26.02, and that of New York 84.36, with an equal density in Virginia, more than two thirds of these Virginia lands, as in New York, must have been occupied as farms. This would have been equivalent, at two thirds, to 5,500,000 acres, which, at their present average value of $2 per acre, would be worth $11,000,000; but, at the value per acre of the New York lands, these 5,500,000 acres would be worth $206,430,000. Deduct from this their present value, $11,000,000, and the remainder, $195,430,000, is the sum by which the unoccupied lands of Virginia, converted into farms, would have been increased in value by emancipation. Add this to the enhanced value of their present farms, $815,845,925, and the result would be $1,011,275,925, as the gain of Virginia in the value of lands by emancipation. To these we should add, from the same cause, the enhancement of the town and city property in Virginia to the extent of several hundred millions of dollars. In order to realize the truth, we must behold Virginia as she would have been, with New York railroads and canals, farms, manufactures, commerce, towns, and cities. Then we must consider the superior natural advantages of Virginia, her far greater area, her richer soil, her more genial sun, her greater variety of products, her mines of coal, iron, gold, copper, and lead, her petroleum, her superior hydraulic power, her much larger coast line, with more numerous and deeper harbors—and reflect what Virginia would have been in the absence of slavery. Her early statesmen, Washington, Jefferson, Madison, Monroe, Mason, Tucker, and Marshall, all realized this great truth, and all desired to promote emancipation in Virginia. But their advice was disregarded by her present leaders—the new, false, and fatal dogmas of Calhoun were substituted; and, as a consequence, Virginia, from the first rank (longo intervallo) of all the States, has fallen to the fifth, and, with slavery continued, will descend still more rapidly in the future than in the past. Let her abolish slavery, and she will commence a new career of progress. Freedom and its associates, education and energy, will occupy her waste lands, restore her exhausted fields, decaying cities, and prostrate industry, employ her vast hydraulic power, develop her mines, unite by her grand canals the waters of the Chesapeake and Ohio, and, placing her feet upon slavery, hear her proclaim, in the proud language of her own State motto, 'Sic semper tyrannis.'
By census table 36, p. 197, the value, in 1860, of the farm lands of all the Slave States, was $2,570,466,935, and the number of acres 245,721,062, worth $10.46 per acre. In the Free States, the value of the farm lands was $4,067,947,286, and the number of acres 161,462,008, worth $25.19 per acre. Now if, as certainly in the absence of slavery would have been the case, the farm lands of the South had been worth as much per acre as those of the North, their total value would have been $6,189,713,551, and, deducting the present price, the additional cash value would have been $3,619,346,616. Now the whole number of slaves in all the States, in 1860, was 3,950,531, multiplying which by $300, as their average value, would make all the slaves in the Union worth $1,185,159,300. Deduct this from the enhanced value of the farm lands of the South as above, and the result would be $2,434,087,316 as the gain in the price of farms by emancipation. This is independent of the increased value of their unoccupied lands, and of their town and city property.