1837, Unnamed, Mention

Title: 1837, Unnamed, Mention
Description: During the financial panic of 1837, expenses went up and profits went down, and it affected Athens, Georgia greatly. The price for an enslaved person dropped from $1200 to $200 to $300.

Partial Transcript: "The attendance of students in the University fell off, the banks stopped specie payment, expenses went up and profits went down. Cotton went down to five cents, negroes who cost $1200, were sold for from $200 to $300, and good land was offered at $2 and $3 per acre."
Event Type: Mention
Action Status: Completed
Date: 1837
Date Certainty: Approximate
Location: Athens-Clarke County, Georgia
Source: Annals of Athens, Georgia; Page 124
Freedom Status: Enslaved
Author: Augustus Longstreet Hull
Source Resource: http://onthesegroundsuga.digilabuga.org/api/items/633
Source Site: http://onthesegroundsuga.digilabuga.org/s/otg/page/about

1837, Unnamed, Freedom Status Transaction (Sale)