Land Vs. Slaves

The niembers of theVirginia legislatura havo been discussing the-' rjuestion wlréther land or sla ves shouíd be íaxed the high' est'. In the debate, Mr. Lcwis said' that $250 each' was a high estímate of the valué uf slaves, and they were less profitable than land. On this tlie Emancipator remarks: When Mr Clay made his gréat speech iir IÖ39, he called tíie valué of the slaves $4qq a piece on tii average. Now they a-rs set at $250. Three milUon s].ives,at O400, como to 1,200 millions of dollars- at $2í0 they rer.ch bnt 750' millions - being u Iops of' nominal capital in one nnicle, amoiüiting to 450 millions at least. And tliat wiiich remains of the l,S00 niiliions, is certified to be (í)erishable, of fluctuating víilue, and nfter deducting expenses of support, yield in the long run, lcss proíu" than even Virginia land- -sayig nothirg of its locomotive qualify. Those. who have trusted the íáouth on the basis of ihis 1,200 millions, may now see where their moiicy hat goue.