1 in 3 Southern families enslaved Africans, in MS and SC it was roughly 1 in 2

Almost one-third of all Southern families owned slaves. In Mississippi and South Carolina it approached one half… For comparison’s sake, let it be noted that in the 1950’s, only 2% of American families owned corporation stocks equal in value to the 1860 value of a single slave. Thus, slave ownership was much more widespread in the South than corporate investment was in 1950’s America…With only 30% of the nation’s (free) population, the South had 60% of the “wealthiest men.” The 1860 per capita wealth in the South was $3,978; in the North it was $2,040. [link]
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s