re: #234 elbruce

So if it were repealed, families of former slaveowners would be able to sue the federal government for taking away their slaves.

That would be really expensive.

Three and a half billion dollars was the net worth, roughly, of slaves in 1860. In today’s dollars that would be approximately seventy-five billion dollars. In 1860 slaves as an asset were worth more than all of America’s manufacturing, all of the railroads, all of the productive capacity of the United States put together. Slaves were the single largest, by far, financial asset of property in the entire American economy. The only thing worth more than the slaves in the American economy of the 1850s was the land itself, and no one can really put a dollar value on all of the land of North America.