Report of the Board of Managers of the Pennsylvania Colonization Society With a
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Partial causes may retard the decline in the value of slaves. The tenden- cy of slaves is to crowd into those countries or districts, if not obstructed by the policy of States, where their labour is most profitably employed. This is the law of their nature, as it is the general law of all capital and labor. The slave trade has not yet been effectively stopt in the Island of Cuba. When- ever it is, as slaves can be there more profitably employed, on more valuable products than in the U. States, ...and as the supply there is much below the demand which will arise out of the susceptibilities of the island for agricultu- ral produce, they will rise in price much higher there than in the U. S. If the laws do not forbid it, vast numbers will be exported to that island. And if they do prohibit it, many will be smuggled in, tempted by the high prices which they will bear. But neitiier this, nor any other conceivable cause, can for any length of time, check the fall in the value of slaves to which they are inevitably desti- ned.
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