These men merely wanted so much land as they could till. Others,
however, looked at it from a very different standpoint. The land was the
real treasury-chest of the country. It was the one commodity which
appealed to the ambitious and adventurous side of the industrial
character at that time and in that place. It was the one commodity the
management of which opened chances of procuring vast wealth, and
especially vast speculative wealth. To the American of the end of the
eighteenth century the roads leading to great riches were as few as
those leading to a competency were many. He could not prospect for mines
of gold and of silver, of iron, copper, and coal; he could not discover
and work wells of petroleum and natural gas; he could not build up,
sell, and speculate in railroad systems and steamship companies; he
could not gamble in the stock market; he could not build huge
manufactories of steel, of cottons, of woollens; he could not be a
banker or a merchant on a scale which is dwarfed when called princely;
he could not sit still and see an already great income double and
quadruple because of the mere growth in the value of real estate in some
teeming city.
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