ter of 1832,—a speech distinguished for its good temper and sound practical sense,—says: "I do not think the gentleman from South Carolina has overrated the money price of New England labor at fifty cents; but most of the labor is performed by the owners of the soil. It is great industry alone, which makes New England prosperous. The circumstance that with this cheap slave labor, the South is complaining of suffering, while the North is content and prosperous with dear free labor, is a striking fact and deserves a careful and thorough examination. The experience of all ages and nations proves that high wages are the most powerful stimulus to exertion, and the best means of attaching the people to the institutions under which they live. It is apparent that this political effect upon the character of society cannot have any action upon slaves. Having no choice or volition, there is nothing for stimulus to act upon; they are in fact no part of society. So that, in the language of political economy, they are, like machinery, merely capital; and the productions of their labor consist wholly of profits of capital. But it is not perceived how the tariff can lessen the value of the productions of their labor, in comparison with that of the other States. New York and Virginia both produce wheat; New York with dear labor is content, and Virginia with cheap labor is dissatisfied.
"What is the occupation of the white population of the planting States? I am at a loss to know how this population is employed. We hear of no products of these States, but those produced by slave labor. It is clear the white population cannot be employed in raising cotton or tobacco, because in doing so they can earn but twelve and a half cents per day, since the same quantity of labor performed by a slave is worth no more. I am told also that the wages of overseers, mechanics, &c. are higher than the white labor of the North; and it is well known that many mechanics go from the North to the South, to get employment during the winter. These facts suggest the inquiry whether this cheap slave labor does not paralyze the industry of the whites? Whether idleness is not the greatest of their evils?"
