land+speculater



Land speculaters were poeple who bought large areas of land in hope of selling it for a profit later. This was allowed beacause of the Morrill Land-Grant Act of 1862 to encourage people to settle in the west. States would sell acres of land at a times to people like brokers and land speculaters.

Information provided by: America Pathways to Present p. 259 http://wendysmithtoronto.com/images/HarbordVillageMAP4darker.jpg