Page:The cotton kingdom (Volume 1).djvu/340

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New Orleans to pay his first note; they will sell him this on the best terms they can—often at not less than 25 per cent. per annum. If three or four bad crops follow one another, he is ruined. But this is seldom the case, and he lives on, one year gaining a little on his debts, but almost as often enlarging them. Three or four years ago there was hardly a planter in Louisiana or Mississippi who was not in very embarrassed circumstances, nearly every one having his crops pledged to his creditors long before they were secured. The good prices and good crops of the last few years have set them all on their legs again; and this year all the jewellers' shops, and stores of rich furniture and dry goods, in New Orleans, were cleared out by the middle of the season, and everybody feels strong and cheerful. I have myself been particularly fortunate; I have made three good crops in succession. Last year I made six hundred and fifty hogsheads of sugar, and twelve hundred barrels of molasses. The molasses alone brought me a sum sufficient to pay all my plantation expenses; and the sugar yields me a clear profit of twenty-five per cent. on my whole investment. If I make another crop this year as good as that, I shall be able to discount my outstanding notes, and shall be clear of debt at the end of four years, instead of six, which was all I had hoped for."

On another plantation, which I have since visited, which had a slave population of over two hundred—counted as one hundred field-hands—the sugar works cost $40,000, and seven hundred barrels of sugar were made last year. On this plantation there is a steam-pump, which drains the rear of the plantation over a levee, when the back-water from the swamp would otherwise prevent perfect drainage.

Mr. R. modestly credited his extraordinary success to "luck;" but I was satisfied, upon examining his improvements, and considering the reasons, which he readily gave for