h's surface,
prove, as to heat, the climate of the South (running a line from
Charleston to Vicksburg) to be substantially the same as that of Greece
and Italy-each, in its turn, the mistress of the world.
The Census of 1860 exhibits our increase of population from 1790 to 1860
at 35.59 per cent., and of our wealth 126.45. Now, if we would increase
the wealth of the country only one tenth in the next ten years, by the
gradual disappearance of slavery (far below the results of the Census),
then our wealth being now $16,159,616,068, the effect of such increase
would be to make our wealth in 1870, instead of $36,593,450,585, more
than sixteen hundred millions greater, and in 1880, instead of
$82,865,868,849, over three billions six hundred millions, or more than
three times our present debt.
Before the close of this letter, it will be shown that the difference,
_per capita_, of the annual products of Massachusetts and Maryland
exceeds $150. As to the other Southern States, the excess is much
greater. Now, if the annual products of the South were increased $150
each _per capita_ (still far below Massachusetts) by the exclusion of
slavery, then multiplying the total population of the South, 12,229,727,
by 150, the result would be an addition to the annual value of the
products of the South of $1,834,456,050, and in the decade,
$18,344,580,500. This change would not be immediate, but there can be no
doubt that with the vastly greater natural advantages of the South, the
superiority of free to slave labor, the immense immigration, especially
from Europe to the South, aided by the Homestead Bill, and the
conversion of large plantations into small farms, an addition of at
least one billion of dollars would be made in a decade, by the
exclusion of slavery, to the value of the products of the South.
Having considered the relative progress in population of Massachusetts
and Maryland, I will now examine their advance in wealth.
By Tables 33 and 36, Census of 1860, the value of the products of
Massachusetts that year was $287,000,000; and of Maryland, $66,000,000.
Table 33 included domestic manufactories, mines, and fisheries (p. 59);
and Table 36, agricultural products. Dividing these several aggregates
by the total population of each State, the value of that year's product
of Massachusetts was $235 _per capita_, and of Maryland, $96, making the
average annual value of the labor of each person in the former greatly
more than
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