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The Public Land Act, reducing the price of land in the West...
The Public Land Act, reducing the price of land in the West...
Item # 621942
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April 27, 1820
NATIONAL INTELLIGENCER, Washington, April 27, 1820
* Land Act of 1820
* Public domain lands
The bkpg. has three Acts of Congress, one for: "...making further provision for the sale of the Public Lands." which reduced the minimum purchase price to $1.25 per acre and the size of the minimum purchase, but also abolished the use of credit. This was the "Public Land Act", supposed to encourage settlers to purchase land, although it was real estate speculators who benefited the most. Signed in type by the President: James Monroe"
Four pages, nice condition.
Category: Pre-Civil War