They have been demonstrated also by the United States
acting as the trustee of the Chickasaw tribe of Indians in the sale of
their lands lying within the States of Mississippi and Alabama. The
Chickasaw lands, which would not command in the market the minimum price
established by the laws of the United States for the sale of their
lands, were, in pursuance of the treaty of 1834 with that tribe,
subsequently offered for sale at graduated and reduced rates for limited
periods. The result was that large quantities of these lands were
purchased which would otherwise have remained unsold. The lands were
disposed of at their real value, and many persons of limited means were
enabled to purchase small tracts, upon which they have settled with
their families. That similar results would be produced by the adoption
of the graduation policy by the United States in all the States in which
they are the owners of large bodies of lands which have been long in the
market can not be doubted. It can not be a sound policy to withhold
large quantities of the public lands from the use and occupation of our
citizens by fixing upon them prices which experience has shown they will
not command.
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