From Homesteading the Plains Toward a New History, by Richard Edwards, Jacob K. Friefeld, and Rebecca S. Wingo (University of Nebraska Press, 2017), Kindle pp. 6-7:
Homesteading was one way in which the federal government transferred parts of America’s enormous public domain to private ownership. The U.S. government acquired nearly 1.5 billion acres in the lower forty-eight states between 1781 and 1853, through the Revolutionary War treaty, the Louisiana Purchase, the Mexican War cessions, the settlement of boundary disputes with the British over Canada, and a few other minor acquisitions. From the outset many individuals, whether landless or the mightiest land barons, mining companies, and speculators, eagerly looked on public land as a source of potential riches for themselves. But the government was also interested in moving public land into private hands for a variety of motives that shifted over time. Initially it sought to use land sales to fund the federal budget, but later it distributed land to stimulate canal and railroad growth, to occupy remote regions and thereby forestall threats from foreign powers, to populate the West in order to foster private economic development, and to create a land-owning, small-farmer middle class that would sustain a democratic society.
We can trace in broad terms the disposition of this 1.442 billion-acre public domain. The national government today continues possession of about 26 percent (380 million acres). It transferred approximately 22 percent (328 million acres) to individual states, most of which was sold, and homesteaders claimed about 19 percent (270 million, or possibly as much as 285 million, acres). The balance, roughly 32 percent (between 449 and 464 million acres) was transferred to private owners through sales, grants to railroad corporations, veterans’ bonuses, agricultural college grants, and other distributions, or it was stolen, misappropriated, reserved, or otherwise caused to disappear from the public land rolls. Homesteading accounted for between a quarter and a third of the public land transferred by the federal government to private owners.
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