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New York, New York County, New York
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Mr. Paxton, via Fredericksburg Herald, details 1850 Virginia census agricultural output: wheat ~$9M, tobacco ~$9M manufactured, total $18M exports; land $370M, slaves $120M, total taxable ~$500M.
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-Mr. Paxton, says The Fredericksburg Herald, who essayed in vain in the Virginia Legislature to carry out Gov. Wise's tax on the oyster fundum, presented the following facts as collected from the census of 1850:
About 11,000,000 bushels of wheat were produced in this State. If we allow that one-third was used in the State for bread and seed, and that the two-thirds delivered in market sold at $1.25 per bushel, the value of the crop would be about $9,000,000. In the same year the tobacco crop of the State was estimated at 56,000,000 pounds, which, at eight cents per pound, would be worth about $5,000,000. If we suppose the value of the tobacco crop was doubled by the quantity manufactured, the total value of wheat and tobacco delivered in market would be $18,000,000.
These staples constitute the bulk of our exports, and in the production of which the greater part of the capital and labor of the State are employed. Our lands are assessed at $370,000,000, and our slaves at $300 each are worth $120,000,000, making their total values nearly $500,000,000.
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Virginia
Event Date
1850
Story Details
Mr. Paxton presents facts from the 1850 census on Virginia's agricultural production: wheat crop valued at about $9,000,000 and tobacco at $9,000,000 after manufacturing, totaling $18,000,000 in exports; lands assessed at $370,000,000 and slaves at $120,000,000, making total taxable property nearly $500,000,000.