Page "Daniel Boone" Paragraph 36

Boone began to have financial troubles while living in Maysville.

According to the later folk image, Boone the trailblazer was too unsophisticated for the civilization which followed him and which eventually defrauded him of his land.

Howeer, Boone was not the simple frontiersman of legend.

He engaged in land speculation on a large scale, buying and selling claims to tens of thousands of acres.

The land market in frontier Kentucky was chaotic, and Boone's ventures ultimately failed because his investment strategy was faulty and because his decency made him reluctant to profit at someone else's expense.

According to Faragher, " Boone lacked the ruthless instincts that speculation demanded.