The Great American Land Bubble: The Amazing Story of Land-Grabbing, Speculations, and Booms from Colonial Days to the Present Time

The Great American Land Bubble: The Amazing Story of Land-Grabbing, Speculations, and Booms from Colonial Days to the Present Time

The Great American Land Bubble: The Amazing Story of Land-Grabbing, Speculations, and Booms from Colonial Days to the Present Time

The Great American Land Bubble: The Amazing Story of Land-Grabbing, Speculations, and Booms from Colonial Days to the Present Time

Excerpt

Land speculation in the United States has been a national business. Yet no history of it has hitherto been written--and small wonder! Pecuniary speculation has ever been looked upon as a dubious business. It therefore has been conducted largely in secret and without enduring records. Arduous research is required by those who delve into its intricate dealings. From time to time, however, an historian or research student has given to the public intimate or fragmentary accounts of isolated episodes relating directly or indirectly to American land speculation. To these authors I wish to convey my acknowledgment of valuable assistance. In the present volume no attempt has been made to give a detailed account of all important speculative land transactions. Moreover the story is restricted to speculation and is not directly concerned with the loss or growth of great fortunes from real estate investment.

In the preparation of the manuscript, credit is due to Miss Alice Strass. To Professor H. S. Commager of New York University I owe a debt of gratitude for valuable suggestions, and to Professor John Hastings of the College of the City of New York for the preparation of the maps. Mr. Myron L. Hoch of the Department of Economics at the City College gave valuable assistance in the preparation of the work for publication.

A. M. SAKOLSKI

May, 1932 . . .

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