350 likes | 470 Views
The Erie Canal in National Context. Federal Land Sales: Minimum acreages, prices, and credit policies. 1787 : 640 $ 1 no credit 1796 : 640 $ 2 1/2 down—1/2, 1 yr. 1800 : 320 $2 payment over four years 1804 : 160 $ 2 payment over four years
E N D
Federal Land Sales: Minimum acreages, prices, and credit policies • 1787: 640 $1 no credit • 1796: 640 $2 1/2 down—1/2, 1 yr. • 1800: 320 $2payment over four years • 1804: 160 $2 payment over four years • 1820: 80 $1.25 no credit • 1832: 40 $1.25 no credit