The United States solved its land shortage by expropriating millions of acres from Native Americans, often with military force, acquiring Georgia, Alabama, Tennessee, and Florida. It then sold that land on the cheap—just $1.25 an acre in the early 1830s ($38 in today’s dollars)—to white settlers.30 Naturally, the first to cash in were the land speculators. Companies operating in Mississippi flipped land, selling it soon after purchase, commonly for double the price. Enslaved workers felled trees by ax, burned the underbrush, and leveled the earth for planting. “Whole forests were literally
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