[Sherman Logan]

1860, too, America had a total of $1,050,000,000 invested in real and personal property devoted to business, with $949,335,000 concentrated in the North

Meanwhile, the South had somewhere around $3,000,000,000 invested in human capital.

[donmeaker]

I understand it was closer to 4 billion$, but don’t have the source just now.

That shows how heavily the slave power was invested in slavery. And they pretend that the war started for what?

[donmeaker]

I understand it was closer to 4 billion$, but don’t have the source just now.

That shows how heavily the slave power was invested in slavery. And they pretend that the war started for what?

And recognize that the elimination of chattel slavery didn’t kill the slaves. The productive power that existed before the war was still there. Probably the industrious former slaves could increase their education and productivity.

For the investors in slave property, it must have been very painful to no longer be able to profit from that species of misery.

[donmeaker]

(That presumes that all the slaves were in states that left the union, and that all the business property invested in union states had nothing to do with slavery, but the disparity is so stark, the argument survives the inaccuracy of the statistics.)