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--- colby_negroes_will_bear_fabulous_prices [2025/02/24 23:25] – added 2 comments rcarper
+++ colby_negroes_will_bear_fabulous_prices [2025/03/09 20:45] (current) – 98.244.123.48
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 For people purchasing or owning slaves, women were seen as a good investment. They would be able to have children, thereby increasing the amount of slaves owned, which could later be sold for more. Children and younger people were also seen as good investments, as they would mature just in time for what the Confederates predicted would be the end of the war, which would come with higher values for slaves. (Ezra C)
+Slavery and the slave trade were a large economic backbone especially in the South during the pre-civil war era. Slaves were seen as a positive investment that could produce financial gain. Additionally, slaves were a "safe" financial bet since if times were tough, they often could be sold for a profit. (Declan F.)
+The assumption of the Confederate slave trade collapsing during the American Civil War is untrue, as it continued throughout the war, even into the final months. The Confederate cause is utterly intertwined with enslavement and the continual buying and selling of human beings. It cannot be separated from the institution of slavery. -Sarah M
+Confederates were confident in their war effort up until the final few months, as their investment in the slave trade paradoxically increased as their economy began to fail throughout the war. Enslavers continually looked for enslaved people who would be the best future investment, often searching for children and teens. This continual view towards the future indicates a Confederacy with many people oblivious to the signs of a dying rebellion. -Sarah M
+The Civil War was seen as an opportunity in the South to make money off of the domestic slave trade. The ongoing war depressed the prices of enslaved people, which made more people able to buy them. As well, the potential for a republic founded explicitly on the idea of slavery made many in the South want to purchase enslaved people to get a “head start”. (Tanner Gillikin).
+The Currency Reform Act of February 1864 outraged many Confederate citizens because of the effects it could have on slavery and currency. Many southern slave owners were worried that this new act would make it difficult to purchase slaves due to the deflationary effect the Currency Reform Act had. The act ultimately stopped the sale of African Americans because of the fears of the act and Confederate currency. (Hank L)
+Colby explains that there was an extreme ideological significance in the Confederates continuing the slave trade during the war. Colby explains that this is due to many seeing the continuation of the slave trade as a direct correlation to the strength of slave holders and therefore the Confederacy. (Lauren V.)
+Colby explains that some confederates would purchase children as they could age and be used for labor after the war. Colby also explains that children would often be cheaper than adults. Colby also explains that the purchasing of children allowed slave owners to pass them to their children. Colby explains that the purchasing of children reflected the Confederates' confidence in the Confederacy winning the war. (Lauren V.)
+Slaves were seen as a form of investment. They were property that would not lose value, even during the war. Young women and children were often sought after for what they could provide the owner in the future. Women meant the chance of children, and children were cheap and grew into strong workers. (Lexi)
+With the prices of slaves decreasing, some went into a panic about what this could mean, while others took it as a chance to buy cheap. This idea of the value of human property began to outshow others such as land and cotton fields. Some sold their slaves when food ran low to settle debt, or even to punish the enslaved people for going against their owner. It is interesting to see how they were treated back then is the same as how we treat certain things in today's economy. (Lexi)