1837, Unnamed, Mention
Item
Title
1837, Unnamed, Mention
Description
During the financial panic of 1837, expenses went up and profits went down, and it affected Athens, Georgia greatly. The price for an enslaved person dropped from $1200 to $200 to $300.
Partial Transcript: "The attendance of students in the University fell off, the banks stopped specie payment, expenses went up and profits went down. Cotton went down to five cents, negroes who cost $1200, were sold for from $200 to $300, and good land was offered at $2 and $3 per acre."
Partial Transcript: "The attendance of students in the University fell off, the banks stopped specie payment, expenses went up and profits went down. Cotton went down to five cents, negroes who cost $1200, were sold for from $200 to $300, and good land was offered at $2 and $3 per acre."
Event Type
Action Status
Date
1837
Date Certainty
Location
Freedom Status
Author
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| Title | Alternate label | Class |
|---|---|---|
| 1837, Unnamed, Freedom Status Transaction (Sale) | Event |