Yazoo Land Fraud Political Cartoon Form
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People also ask
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What was known as Yazoo land?
The Yazoo lands were the central and western regions of the U.S. state of Georgia, when its western border stretched back to the Mississippi. The Yazoo lands were named for the Yazoo nation, that lived on the lower course of the Yazoo, in what is now Mississippi. -
What is the Yazoo land scandal an example of?
The Yazoo land scandal, Yazoo fraud, Yazoo land fraud, or Yazoo land controversy was a massive real-estate fraud perpetrated, in the mid-1790s, by Georgia governor George Mathews and the Georgia General Assembly. -
What was the Yazoo land policy?
Georgia legislatures passed and the governor George Mathews signed the Yazoo Act in 1795. This act allowed Georgia to sell large areas of its western lands to four private companies. -
What is the explanation of the Yazoo land fraud?
The Yazoo land fraud took place in 1795, when four companies bribed members of the Georgia legislature to sell 35 million acres of land for just $500,000 (1.5 cents per acre). After the Yazoo Act was passed, the people of Georgia were outraged and voted most of the legislators out of office. -
Why was the Yazoo Act nullified?
When U.S. Senator James Jackson discovered the corruption behind the Yazoo Act, he resigned from the Senate and used his influence to hold hearings resulting in the 1796 Rescinding Act that nullified the sale. Governor Jared Irwin signed the law and arranged for the destruction of records connected with the sale. -
What is the meaning of Yazoo land fraud?
Yazoo land fraud, in U.S. history, scheme by which Georgia legislators were bribed in 1795 to sell most of the land now making up the state of Mississippi (then a part of Georgia's western claims) to four land companies for the sum of $500,000, far below its potential market value. News of the Yazoo Act and the dealing ...
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