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mand, better terms in rents; rented farms, varying from forty to a hundred acres, bear an average rental of about fifty-four dollars a year. The men who conduct such farms do not long remain renters; either they sink to metayers, or with a successful series of harvests rise to be land-owners. In 1870 the tax-books of Dougherty report no Negroes as landholders. If there were any such at that time,--and there may have been a few,--their land was probably held in the name of some white patron,--a method not uncommon during slavery. In 1875 ownership of land had begun with seven hundred and fifty acres; ten years later this had increased to over sixty-five hundred acres, to nine thousand acres in 1890 and ten thousand in 1900. The total assessed property has in this same period risen from eighty thousand dollars in 1875 to two hundred and forty thousand dollars in 1900. Two circumstances complicate this development and make it in some respects difficult to be sure of the real tendencies; they are the panic of 1893, and the low price of cotton in 1898. Besides this, the system of assessing property in the country districts of Georgia is somewhat antiquated and of uncertain statistical value; there are no assessors, and each man makes a sworn return to a tax-receiver. Thus public opinion plays a large part, and the returns vary strangely from year to year. Certainly these figures show the small amount of accumulated capital among the Negroes, and the consequent large dependence of their property on temporary prosperity. They have little to tide over a few years of economic depression, and are at the mercy of the cotton-market far more than the whites. And thus the land-owners, despite their marvellous efforts, are really a transient class, continually being depleted by those who fall back into the class of renters or metayers, and augmented by newcomers from the masses. Of one hundred land-owners in 1898, half had bought their land since 1893, a fourth between 1890 and 1893, a fifth between 1884 and 1890, and the rest between 1870 and 1884. In all, one hundred and eighty-five Negroes have owned land in this county since 1875. If all the black land-owners who had ever held land here had kept it or left it in the hands of black men, the Negroes would have owned nearer thirty thousand acres than the fifteen thousand they now hold. And yet these fifteen thousand acres are a creditable showing,--a proof of no lit
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