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Updated: June 8, 2025
That is to say, migrating planters and farmers would in some cases carry extra slaves bought with a view to reselling them at western prices and applying the proceeds toward the expense of their new homesteads.
In the first element of agricultural prosperity, the settlement of the land, they have kept back the progress of the country by bestowing it, not on the men ready and anxious to cultivate it, but upon individuals and companies who expect to make a profit by reselling to the actual settler. By making the land a commodity to buy political support, the settlement of the country has been kept back.
Five or six years ago, when the rage for such purchases was at its height, land was becoming a scarce article in the market. Individuals or companies bought it up with the object of reselling it at a profit; and many, no doubt, did make money. Railway companies were, in fact, companies combined for the purchase of land.
And We do further by these presents, for Us, Our Heirs and Successors, will, ordain and grant, to the said Governors, Principal and Fellows, and their Successors, by the name aforesaid, full authority and free license to have, take, purchase, and hold, to them and their Successors to and for the use of the said College, any goods, chattels or personal property whatsoever; and also that by the name aforesaid they shall be able and capable in law, notwithstanding any Statutes or Statute of mortmain, law, usage or custom whatsoever to the contrary, to have, take, purchase and hold to them and their Successors to and for the use of said College, any other Manors, Rectories, Advowsons, Messuages, Lands, tenements, rents and hereditaments of what kind, nature, or quality soever, over and above the manors, rectories, advowsons, messuages, lands, tenements, rents and hereditaments in the said Letter Patent mentioned of the yearly value of six thousand pounds above all charges as in the said Letters Patent is set forth, but not for the purpose or with the view of reselling the same; provided always, that the whole shall not exceed the yearly value of Twelve thousand pounds above all charges, such annual value to be calculated and ascertained at the period of taking, purchasing or acquiring the same;
They may buy bread ahead of their own needs, so as not to be left later in the lurch, or they may buy in the hope of reselling at a profit.
There the Muteshin came to meet him, and the robber said that he had brought him a captive soldier, for all captive soldiers had to be handed over to the pasha, who made an immense profit out of them by buying them dirt-cheap and then reselling them to their friends at fancy prices.
It was not so much that the affair was crooked, that his rôle in it was, to say the least, unprofessional, as it was the fact that Vandover was his old college chum and that, to put the matter into plain words, Geary was swindling his best friend out of a piece of property valued at twelve thousand six hundred dollars, and preventing him from reselling the same piece at a very advanced figure.
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