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The fact is, however, that Oglethorpe was Deputy Governor of the Royal African Company, the company chartered to monopolize the slave -trade under the famous Assiento contract with Spain-the company which agreed to deliver 4,800 slaves per year, or 144,000 slaves in all , in the Spanish colonies alone, during the course of thirty years, and which did deliver many more than 4,800 slaves into the American colonies in the very year when Oglethorpe made a speech on the slave -trade declaring it a “horrid crime.” He also owned a plantation near Parachucla, South Carolina, forty miles north of the Savannah River, that was worked by slaves. Oglethorpe proclaimed (as many an American did after him) that the slave-trade was “ horrid ,” but he was one of the most active participants in it known to his age.
Spears, j.r. (1909). The American Slave Trade: An Account of Its Origin, Growth and Suppression. pg 95-96