If Uncle Sam should ever sell that tract for one cent per acre, he will swindle the purchaser outrageously.
About this quote
- What does it mean?
- Selling a large tract for a penny per acre would be an outrageous swindle of the buyer.
- In plain terms
- Selling land too cheap is a fraud against the buyer.
- What can you take from it?
- Ensure fair market value in transactions.
Where it applies
Putting it to work
Questions to consider
- When is a low price justified?
- How can buyers protect themselves?
Another view
Sometimes low prices are intentional for public benefit.
More from Horace Greeley
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