cheka.
29th December 2017, 04:27 PM
one of my history books states that at the time of the writing of the US constitution the slave trade was highly profitable. it calls the area around lagos, nigeria 'the slave coast'. there were hundreds of tribes in the area that would capture and sell competing tribe members. at peak they were exporting 20,000 head per year.
traders would buy them for 2 pounds sterling and sell them for 30 times that amount to buyers in brazil, west indies, and US
check my math --
one pound of sterling is 12 ounces x $15 per ounce = $180 per pound. so two pounds is $360. that's the purchase price per head (in today's dollars)
sell price on good delivery to brazil/west indies/US is 30 x $360 = $10,800 per head (in today's dollars). so a breeding pair would be around $20,000.
mechanization, imo, would have killed ALL imports. example - one can buy a nice tractor for $10,000 that can do the work of a herd of slaves. tractors became available 1900-ish
i propose that even breeding one's own slaves at zero cost (as opposed to buying imports) would still be a losing venture. the upkeep costs on a tractor/other equip are so much less than caring for a herd of slaves.
slavery was on its way out. there needn't be a war for that.
any/all comments appreciated - esp those that challenge my work {--->)
traders would buy them for 2 pounds sterling and sell them for 30 times that amount to buyers in brazil, west indies, and US
check my math --
one pound of sterling is 12 ounces x $15 per ounce = $180 per pound. so two pounds is $360. that's the purchase price per head (in today's dollars)
sell price on good delivery to brazil/west indies/US is 30 x $360 = $10,800 per head (in today's dollars). so a breeding pair would be around $20,000.
mechanization, imo, would have killed ALL imports. example - one can buy a nice tractor for $10,000 that can do the work of a herd of slaves. tractors became available 1900-ish
i propose that even breeding one's own slaves at zero cost (as opposed to buying imports) would still be a losing venture. the upkeep costs on a tractor/other equip are so much less than caring for a herd of slaves.
slavery was on its way out. there needn't be a war for that.
any/all comments appreciated - esp those that challenge my work {--->)