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Updated: June 4, 2025
Farms that had once sufficed were cast recklessly on the market to bring what they would, while their owners staked their claims on new soil at a dollar and a quarter an acre. Depreciation of land values necessarily followed in States like Virginia; and the three ex-Presidents soon found themselves landpoor.
Of these were the landpoor peer, with his sense of responsibility cultivated by daily life and duty in his county, on the one hand; the professional man of all professions, the little merchant, the sailor, the clerk and artisan, the digger and delver, on the other; and, in between, those people in the shires who had not yet come to be material and gross, who had old-fashioned ideas of the duty of the citizen and the Christian.
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