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Old 10-16-2016, 09:34 PM
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Default After the election of Abe Lincoln...

Doing some genealogy work and came across a newspaper published just after Lincoln's election, from Raleigh NC in Nov 1860. I found it fascinating to see the thoughts of the writers and I am posting it here for all:

"If it be true that Lincoln is elected President, stocks of all kinds and property generally will fall in price. A panic runs like fire in dry stubble. Let every business man stand firm, and do all he can to ward off the effects of the panic. Let as little property be sacrificed as possible. Instead of pressing our debtors, or selling property of any kind to provide the means of living or extravagance, let us economize an live on less than heretofore. Let us especially beware of a panic in slave property- Slavery in the States is in no danger. Those persons in the States south of us who are anxious to open the slave trade and import barbarians into this country, would not object to a panic which would reduce the selling prices of slaves in Maryland, Virginia and North Carolina to three or four hundred dollars each... It would be unwise to rush slave property into market at a sacrifice on account of Lincoln's election. Let us stand firm, strengthen our defenses in the Union, and keep a strict eye on our slaves. Let us see to it that they are governed better than heretofore at home, so that when away from their homes the may give less trouble to the police. There is no danger to be apprehended from the slaves, if bad white men are watched and kept away from them. Left to themselves, they are contented and happy, and much more loyal and respectable than the abolitionists are themselves. A negro slave who knows his place, and who is faithful to his master, is a gentleman when compared with such white persons as Seward and Sumner."