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2021-01-12 06:55:43
Bishop, Abraham
GEORGIA SPECULATION UNVEILED; IN TWO NUMBERS. [bound with:] GEORGIA SPECULATION UNVEILED, SECOND PART...ADDRESSED TO THE NORTHERN PURCHASERS
Hartford, 1798. [3],4-39,[1];[3],44-144pp. Modern red cloth, gilt morocco label. Small abrasion to first titlepage, moderate toning, minor scattered foxing. Very good. A complete set of Bishop's exceedingly-rare work on the early southern land scheme known as the Yazoo Land Fraud, issued in two parts containing four numbers and a conclusion. The whole is present here, though the two parts were published separately, and are often found separately. In 1795, the Georgia legislature granted much of the land in the present state of Alabama to four land companies, which in turn sold shares to numerous investors all over the country; however, charges of bribery were raised and the grant was rescinded the following year. This left the investors high and dry, and many of them sued Georgia to prevent the rescinding of the sale which had made their investments worthless. Bishop, an outraged Connecticut investor, wrote these pamphlets to reveal the fraud, and thought that the state of Georgia would succeed in voiding the sales. Georgia tried to void the fraud- induced sales, but in 1810 the United States Supreme Court ruled that the voiding of the sales was unconstitutional. Finally, in 1814, the federal government took over the lands and paid off the claims. "Exposure of the Yazoo Land Frauds. An answer to the Georgia Mississippi Company's STATEMENT OF FACTS" - Vail. DE RENNE I, p.278. HOWES B471, "aa." EVANS 31830, 33425. VAIL 1095, 1147. JONES, CHECK-LIST 655, 659. SABIN 5593, 5594. BRINLEY 8338. EBERSTADT 167:213.
Bookseller: William Reese Company [United States]
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