General Discussion
In reply to the discussion: The Monster of Monticello [View all]HiPointDem
(20,729 posts)The critical turning point in Jeffersons thinking may well have come in 1792. As Jefferson was counting up the agricultural profits and losses of his plantation in a letter to President Washington that year, it occurred to him that there was a phenomenon he had perceived at Monticello but never actually measured. He proceeded to calculate it in a barely legible, scribbled note in the middle of a page, enclosed in brackets. What Jefferson set out clearly for the first time was that he was making a 4 percent profit every year on the birth of black children....
In another communication from the early 1790s, Jefferson takes the 4 percent formula further and quite bluntly advances the notion that slavery presented an investment strategy for the future. He writes that an acquaintance who had suffered financial reverses should have been invested in negroes. He advises that if the friends family had any cash left, every farthing of it laid out in land and negroes, which besides a present support bring a silent profit of from 5. to 10. per cent in this country by the increase in their value...
Jeffersons 4 percent theorem threatens the comforting notion that he had no real awareness of what he was doing, that he was stuck with or trapped in slavery, an obsolete, unprofitable, burdensome legacy. The date of Jeffersons calculation aligns with the waning of his emancipationist fervor. Jefferson began to back away from antislavery just around the time he computed the silent profit of the peculiar institution.
By 1789, Jefferson planned to shift away from growing tobacco at Monticello... He visited farms and inspected equipment, considering a new crop, wheat, and the exciting prospect it opened before him. Planting wheat required fewer workers than tobacco, leaving a pool of field laborers available for specialized training. Jefferson embarked on a comprehensive program to modernize slavery, diversify it and industrialize it. Monticello would have a nail factory, a textile factory, a short-lived tinsmithing operation, coopering and charcoal burning. He had ambitious plans for a flour mill and a canal to provide water power for it.
Exuberant over the success of the nailery, Jefferson wrote: My new trade of nail-making is to me in this country what an additional title of nobility or the ensigns of a new order are in Europe. The profit was substantial. Just months after the factory began operation, he wrote that a nailery which I have established with my own negro boys now provides completely for the maintenance of my family...
It was during the 1950s, when historian Edwin Betts was editing one of Colonel Randolphs plantation reports...that he confronted a taboo subject and made his fateful deletion. Randolph reported to Jefferson that the nailery was functioning very well because the small ones were being whipped. The youngsters did not take willingly to being forced to show up in the icy midwinter hour before dawn at the masters nail forge. And so the overseer, Gabriel Lilly, was whipping them for truancy. Betts decided that the image of children being beaten at Monticello had to be suppressed...
Read more: http://www.smithsonianmag.com/history-archaeology/The-Little-Known-Dark-Side-of-Thomas-Jefferson-169780996.html#ixzz2Dn164Cfr