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LECTURES

ON THE

GROWTH AND DEVELOPMENT

OF THE

UNITED STATES

Edited by EDWIN WILEY, M.A., Ph.D.
of the Library of Congress and
IRVING E. RINES

ILLUSTRATED

AMERICAN EDUCATIONAL ALLIANCE

WASHINGTON, D. C.

COPYRIGHT 1915

BY

AMERICAN EDUCATIONAL ALLIANCE

3 X 236

SERIES SEVEN

LECTURES TWENTY-TWO TO TWENTY-FIVE

Social and Economic Conditions During the Revolutionary Era, 1764-1789

22. Land Systems, Wealth, Real and Personal Property Values

23. Industries, Agriculture, Labor

24. Commerce, Transportation, Banking and Currency

25. Education, Religion, Literature, Art

THE UNITED STATES

CHAPTER I.

1764-1789.

LAND SYSTEMS: WEALTH: REAL AND PERSONAL PROPERTY VALUES.

Systems of land ownerships in various colonies Grants in the West-Importance of the public domain The crown lands-The question of the disposition of western lands - Territory embraced in cessions by States The ordinance of 1784 - The ordinance of 1787 Public lands a source of revenue - Pecuniary condition of emigrants - Sources of wealth-Wealth in the various colonies - Total value of real and personal property in 1770 Material development slow during war- Confiscation of Loyalist estates Estates of the rich - Amounts of specie in colonies-Value and distribution of real estate after Revolution Assessed value of property by States in 1788.

A

Land Systems.

S fixed in the several colonies

un

in the first years of the colonial period, so the principles of land tenure remained practically changed until after the Revolution. New England developed more and more strongly along the line of township divisions, village communities and individual ownership in fee simple. In New York the manorial system still prevailed, although it had been gradually shorn of some of its pronounced feudal characteristics, the lord proprietors having become little more than the owners of large estates divided into lease-hold farms. The granting of extensive tracts. of wilderness in the western part of the State to royal favorites or in recognition of military service had attained to considerable proportions and was developing a condition desBe the dev

tined, in the next century, to be the cause of grave disturbance in the commonwealth. In the South the colonists held to their big plantations and their successes in the cultivation of tobacco, rice and indigo had operated to convince them more than ever of the economic value of that system in their section of the country. Maryland held to the manor system and to grants under quit-rent until the Revolution. In 1767 there was a record in that colony of the sale of 227 manors, embracing 100,000 acres.

In Pennsylvania a mixed system of land ownership prevailed throughout the colonial period. Those who purchased land held it immediately of the proprietor and not from the king. Land was divided into commonage, proprietory manors and private estates. Various conditions and concessions attached to the sale and

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