Tossup

A “mania” over this good and its preemptive rights fueled much of the early American Republic, according to a 2023 book by Michael Blaakman. Thomas Jefferson’s father Peter was a founder of a “Loyal (10[1])Company of Virginia” to acquire this good. The first section of Woody Holton’s book (-5[1])Forced Founders posits that Lord Dartmouth’s denial of bounties for this good led Virginians like George Washington to declare independence. John Randolph of Roanoke’s outrage at a bailout for buyers of this good led to him forming the tertium quids. James Wilson and Robert Morris both landed in debtors’ prisons after losing their (-5[1])fortunes (10[1])speculating (-5[1])on (10[1])this good. (10[1])An (10[1])illegal sale of this good led to the Supreme Court case (10[1])Fletcher v. Peck. (10[3]-5[1])For 10 points, (10[3])what resource (10[1])was the subject of a (10[1])“fraud” in Yazoo, (10[4])and was acquired as part of the Louisiana Purchase? ■END■ (10[2]0[1])

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