Summary

Various The Atlantic Monthly, Volume 07…

A fertile country of magnificent resources, inhabited by a great race, of inexhaustible energy, is abandoned to one pursuit;—the very riches of their position are as a pestilence to their prosperity. In the presence of their great monopoly, science, art, manufactures, mining, agriculture,—word, all the myriad branches of industry essential to the true prosperity of a state,—wither and die, that sanded cotton may be produced by the most costly of labor. For love of cotton, the very intelligence of the community, the life-blood of their polity, is disregarded and forgotten.
Source: Gutenberg

Various The Atlantic Monthly, Volume 07…

What principle of political economy is better established than that a monopoly is a curse to both producer and consumer? To the first it pays a premium on fraud, sloth, and negligence; and to the second it supplies the worst possible article, in the worst possible way, at the highest possible price. In agriculture, in manufactures, in the professions, and in the arts, it is the greatest bar to improvement with which any branch of industry can be cursed. The South is now showing to the world an example of a great people borne down, crushed to the ground, cursed, by a monopoly.
Source: Gutenberg

Various The Atlantic Monthly, Volume 07…

A morbid, gloomy man, untaught, unled, left to feed his soul in grossness and crime, and hard, grinding labor.
I want you to come down and look at this Wolfe, standing there among the lowest of his kind, and see him just as he is, that you may judge him justly when you hear the story of this night. I want you to look back, as he does every day, at his birth in vice, his starved infancy; to remember the heavy years he has groped through as boy and man,—the slow, heavy years of constant, hot work.
Source: Gutenberg

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