(Before It's News)
When the Civil War began in 1861 the total value of enslaved people in the United States was “worth more than all of America’s manufacturing, all of the railroads, all of the productive capacity of the United States put together. Slaves were the single largest, by far, financial asset of property in the entire American economy. The only thing worth more than the slaves in the American economy of the 1850s was the land itself.” Myriad institutions owed their existence to the vast fortunes created by chattel slavery. Continue reading → Bev Conover Editor & Publisher Intrepid Report https://www.intrepidreport.com https://www.facebook.com/intrepidreport http://twitter.com/#!/Intrepid_Report [email protected]
Source:
http://www.intrepidreport.com/archives/18235