Timber and Stone Act
The Timber and Stone Act of 1878 in the United States sold western timberland for $2.50 per acre in 160 acre blocks.
Land that was deemed "unfit for farming" was sold to those who might want to "timber and stone" (logging and mining) upon the land. The act was used by speculators who were able to get great expanses declared "unfit for farming" allowing them to increase their land holdings at minimal expense.
See also: Homestead Act
Referenced By
Rutherford B. Hayes | Rutherford B. Hayes/Inaugural Address | Rutherford Hayes
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