[The Winning of the West, Volume Four by Theodore Roosevelt]@TWC D-Link bookThe Winning of the West, Volume Four CHAPTER IV 28/63
The grants were secured by the grossest corruption, every member of the Legislature who voted for them, with one exception, being a stockholder in some one of the companies, while the procuring of the cessions was undertaken by James Gunn, one of the two Georgia Senators.
The outcry against the transaction was so universal throughout the State that at the next session of the Legislature, in 1796, the acts were repealed and the grants rescinded.
This caused great confusion, as most of the original grantees had hastily sold out to third parties; the purchases being largely made in South Carolina and Massachusetts.
Efforts were made by the original South Carolina Yazoo Company to sue Georgia in the Federal Courts, which led to the adoption of the Constitutional provision forbidding such action. Their Failure. When in 1802, Georgia ceded the territory in question, including all of what is now middle and northern Alabama and Mississippi, to the United States for the sum of twelve hundred and fifty thousand dollars, the National Government became heir to these Yazoo difficulties.
It was not until 1814 that the matter was settled by a compromise, after interminable litigation and legislation.
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