may 18, 1796 - Public Land Act
Description:
The Public Land Act of 1796 authorized the sale of federal lands in the territories of the United States, establishing procedures for surveying and selling these lands primarily in the Ohio Territory. This act set the minimum price at $2 per acre, payable in cash, which facilitated orderly settlement and aimed to raise revenue for the federal government while encouraging westward expansion.Added to timeline:
Date:
may 18, 1796
Now
~ 229 years ago