Impending abolition drove slave prices to ruinous levels for planters

Evidence

Our harbours are full of Guineymen [African slave ships], yet the price keeps up enormously. Mr. Shirley gave £100 a head for a pick of 20 Koromantees out of a ship of Mr. Lindo’s, and so long as the notion continues that the trade will be abolished, people will buy at any price, even to their own ruin, and the destruction of half the negroes, for want of provisions. (Meaning that the planters are not in general provided with sufficient means to support so great an influx of newly imported negroes on a sudden.) — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 583

Categorization

• SEED: A striking illustration of price panic driven by anticipated regulation — a possible analogy to modern speculative bubbles over expected bans (e.g., fossil fuel divestment, housing).
• corroborated: 2 independent passages support this claim — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 583
• XREF: connects to: Capitalist interests that built the slave system later turned and destroyed it; Abolition of slavery coincided with capitalism’s reorganization toward new labor forms — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 1434

Broader Connections

• Capitalist interests that built the slave system later turned and destroyed it #expands (0.50)
• Abolition of slavery coincided with capitalism’s reorganization toward new labor forms #expands (0.45) — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 1434