Wednesday, February 8th, 2012
Facebook / Twitter / Tumblr / Podcast

1836 / Washington, D.C.

Antebellum Kapital

Tags:
,
,
,
,
,

The sober and considerate portions of citizens of the nonslaveholding states, who have a deep stake in the existing institutions of the country, would have little forecast not to see that the assaults which are now directed against the institutions which sustain the property and security of the South would make them equally effectual against the institutions of the North, including banking, in which so vast an amount of its property and capital is invested. It would be well for those interested to reflect whether there now exists, or ever has existed, a wealthy and civilized community in which one portion did not live on the labor of another; and whether the form in which slavery exists in the South is not but one modification of this universal condition; and, finally, whether any other, under all circumstances of the case, is more defensible or stands on stronger ground of necessity. It is time to look these questions in the face. Let those who are interested remember that labor is the only source of wealth, and how small a portion of it, in all old and civilized countries, even the best governed, is left to those by whose labor wealth is created. Let them also reflect how little volition or agency the operatives in any country have in the question of its distribution—as little, with a few exceptions, as the African of the slaveholding states has in the distribution of the proceeds of his labor. Nor is it the less oppressive, that, in the one case, it is effected by the stern and powerful will of the government, and in the other, by the more feeble and flexible will of a master. If one be an evil, so is the other. The only difference is the amount and mode of the exaction and distribution, and the agency by which they are effected.

Bookmark and Share
Love this? Subscribe to Lapham's Quarterly today.

Get one free trial issue of Lapham's Quarterly!

  • Fill out this order form.
  • If you like the magazine, get the rest of the year for just $49 (4 issues in all).
  • If not, simply write cancel on the bill, return it, and owe nothing.
Please enter a first name.
Please enter a last name.
Please enter an address.
Please enter a city.
Please select a state.
Please enter a valid
zip code.
Please select a country.

Canadian subscribers add $10; All other international subscribers add $40.

Post a Comment

Note: Several minutes will pass while the system is processing and posting your comment. Do not resubmit during this time or your comment will post multiple times.

Published In
About Money
About the Text

John C. Calhoun, from "A Report on the Circulation of Abolition Petitions." Calhoun served as vice president in the administrations of both John Quincy Adams and Andrew Jackson. When he was elected senator from South Carolina in 1832, he shifted his principles to Capitol Hill.

It was never good times in England since the poor began to speculate upon their condition. Formerly they jogged on with as little reflection as horses.
—Charles Lamb, 1830
Visual Aids
Family Planning Adoption, fertility, contraception, and infanticide around the world and throughout time
Art, Photography, & Illustrations View a selection of art from our latest issue.
Charts & Graphs All of our charts and graphs, pulled from the pages of Lapham’s Quarterly.
Events & News
September 15 / Open the seventh seal! The Fall issue of Lapham's Quarterly, "The Future," will hit newsstands on September 15. More
Reader Survey Take the LQ reader survey! Your two cents will help us keep making history ... Take Survey
Apropos

In Stir

No. 44

Subscribe
Current Issue Family Winter 2012
Blogs

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Audio & Video
LQ Podcast:
Peter Ackroyd
Author and translator Peter Ackroyd talks with Aidan Flax-Clark about his new retelling of Thomas Malory’s Le Morte D’Arthur and discusses a little bit about his most recent book of London history, London Under.
Eponym
Lewis H. Lapham is Editor of Lapham's Quarterly. He also serves as editor emeritus and national correspondent for Harper's magazine.
Recent Issues