The Price of Bondage: Slavery , Slave Valuation , and Economics in the Albemarle

This thesis examines the economics of antebellum slavery in the Albemarle region of North Carolina. Located in the northeastern corner of the Carolina colony , the Albemarle was a harsh location for settlement and thus , inhabitants settled relatively late by Virginians moving south in search of better opportunities. This thesis finds that examination of a region's slave economics not only conformed to , but also departed from , the larger slave experience in antebellum America. The introduction of this thesis focuses on the literature surrounding slave economics and valuation in antebellum America. After this , the main body of the thesis follows. Chapter one focuses on the various avenues slaves became property of white men and women in the Albemarle. This reveals that the county courts were intrinsically involved in allowing slave sales to occur , in addition to loop-holes slave owners utilized to retain chattel slavery cheaply. Additionally , this chapter pays special attention to slave valuation and statistical analysis. The following chapters revolve around the topics of: the miscellaneous costs associated with slavery in the Albemarle , such as healthcare , food , and clothing; insuring the lives of slaves and hiring them out for work away from their master; and examination of runaway slave rewards in statistical terms , while also creating a narrative of the enslaved and their actions