At Cathwood the plantings and
expectations were 370 acres in cotton to yield 280 bales, 280 in corn to
yield 5000 bushels, 15 in wheat to yield 100 bushels, 11 in rye to yield
50, and 2 in rice to yield 50. In financial results, after earning in 1848
only $4334.91, which met barely half of his plantation and family expenses
for the year, his crop sales from 1849 to 1853 ranged from seven to twenty
thousand dollars annually in cotton and from one and a half to two and
a half thousand dollars in corn. His gross earnings in these five years
averaged $16,217.76, while his plantation expenses averaged $5393.87, and
his family outlay $6392.67, leaving an average "clear gain per annum," as
he called it, of $4431.10. The accounting, however, included no reckoning
of interest on the investment or of anything else but money income and
outgo. In 1859 Hammond put upon the market his 5500 acres of uplands with
their buildings, livestock, implements and feed supplies, together with 140
slaves including 70 full hands. His purpose, it may be surmised, was to
confine his further operations to his river bottoms.[22]
[Footnote 22: Hammond MSS., Library of Congress.]
Philips, whom a dearth of patients drove early from the practice of
medicine, established in the 'thirties a plantation which he named Log
Hall, in Hinds County, Mississippi.
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