Slavery
The debate over the economic advantages of slavery in the South has raged ever since the first slaves began working in the cotton fields of the Southern States. Initially, the wealth of the New World was in the form of raw materials and agricultural goods such as cotton, sugar, and tobacco. Slavery, without a doubt, had its profitable aspects prior to the Civil War. However, this postulation began to change as abolitionists claimed the land of the Southern Plantations was overworked and the potential income of slaves was lower than that of white people who had a vested interest in the productivity and success of the South.
The concept of slavery had been brought over to America by the ideals of British Mercantilism which called for strict regulation of the state and its people for the good of the national economy. In the early 1700's, Frenchman Colbert stated that, "no commerce in the world produces as many advantages as that of the slave trade"(Williams, 144).......
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