Saturday, July 20, 2013

Why the white south felt "poor" after the Civil War

If you look at only white Southerners and try to adjust for the Black Share of the Cotton crop from 1860 vs. 1900 you get something like this:

White Southerners Only Value of Cotton Crop Per Capita
Year
Total value
Black Share
White Share
Value to Whites Only
White
Population
White
Per Capita
1860
$291,259,800
15%
  85%
$247,570,830
    5,500,000
$45.01
1870
$329,741,386
33%
  67%
$220,926,729
    5,800,000
$38.09
1875
$252,977,406
33%
  67%
$169,494,862
    6,850,000
$24.74
1880
$313,889,353
33%
  67%
$210,305,867
    7,900,000
$26.62
1885
$275,599,800
33%
  67%
$184,651,866
    8,950,000
$20.63
1890
$396,017,756
33%
  67%
$265,331,897
  10,000,000
$26.53
1895
$311,493,356
33%
  67%
$208,700,549
  11,350,000
$18.39
1900
$393,262,475
33%
  67%
$263,485,858
  12,700,000
$20.75

No comments: