The Winning of the West, Volume 4: Louisiana and the Northwest, 1791-1807Roosevelt, Theodore
History
The Winning of the West, Volume 4: Louisiana and the Northwest, 1791-1807
Roosevelt, Theodore
Northwest, Old -- History; United States -- Territorial expansion; West (U.S.) -- History
Blount also corresponded with many other men on the question of these
land speculations, and it is amusing to read the expressions of horror
of his correspondents when they read that Tennessee had imposed a land
tax. [Footnote: Blount MSS., Thomas Hart to Blount, Lexington, Ky.,
March 29, 1795.] By his activity he became a very large landed
proprietor, and when Tennessee was made a State he was taxed on 73,252
acres in all. The tax was not excessive, being but $179.72. [Footnote:
_Do_., Return of taxable property of Blount, Nashville, Sept. 9, 1796.]
It was of course entirely proper for Blount to get possession of the
land in this way. The theory of government on the frontier was that each
man should be paid a small salary, and be allowed to exercise his
private business just so long as it did not interfere with his public
duties. Blount's land speculations were similar to those in which almost
every other prominent American, in public or private life, was engaged.
Neither Congress nor the States had as yet seen the wisdom of allowing
the laud to be sold only in small parcels to actual occupants, and the
favorite kind of speculation was the organization of land companies. Of
course there were other kinds of business in which prominent men took
part. Sevier was interested not only in land, but in various mercantile
ventures of a more or less speculative kind; he acted as an intermediary
with the big importers, who were willing to furnish some of the stores
with six months' credit if they could be guaranteed a settlement at the
end of that time. [Footnote: _Do_., David Allison to Blount, Oct. 16,
1791.]
Business Versatility of the Frontiersman
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