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much below the amount it was thought it would realize when it became marketable. Farming operations in this section of country have been carried on almost entirely by whites and blacks, on the credit system - paying these prices for everything and notwithstanding economy has been practiced, little more than an honest living will be made by the majority of either race. Many indeed of the whites have become bankrupt and the courts are busy issuing writs at the instance of the creditors - the storekeepers. Many cases under G. O. No 50 have come before me already and there is a prospect of an increase.

The Contract System
Most of the freedpeople are laboring