Land seems more appropriate here
The correct answer is option D " …in a changing world worthy institutions can be conserved only by adjusting them to the changing time". Calvin Coolidge was the 30th president of the United States, a republican lawyer that had a successful political life. His philosophy against active government was that institution should change with the government in order to stay active and productive to the society.
They could have come up with a paid labor system as well as invest in mechanical that would have revolutionized agriculture.
Breaking down the money that was used to buy slaves, and finance their travel,food and accommodation, one have enough money to pay labor, even though minimum wage for some several years. The problem have to do with the notion of supremacy and savageness that characterized the whole of humanity in that era.