Safety valve theory
Encyclopedia
The safety valve theory was a theory about how to deal with unemployment
Unemployment
Unemployment , as defined by the International Labour Organization, occurs when people are without jobs and they have actively sought work within the past four weeks...

 which gave rise to the Homestead Act
Homestead Act
A homestead act is one of three United States federal laws that gave an applicant freehold title to an area called a "homestead" – typically 160 acres of undeveloped federal land west of the Mississippi River....

 of 1862 in the United States. Given the concentration of immigrants (and population) on the Eastern coast, it was hypothesized that making free land available in the West, would relieve the pressure for employment in the East. By analogy with steam pressure (= the need for work), the enactment of a free land law, it was believed, would act as a safety valve.

A distinction has to be made between (1) the safety valve theory as an ideal and (2) the safety valve theory as embodied in the Homestead Act
Homestead Act
A homestead act is one of three United States federal laws that gave an applicant freehold title to an area called a "homestead" – typically 160 acres of undeveloped federal land west of the Mississippi River....

of 1862.

There is a dispute whether and to what extent the Homestead Act did or did not succeed as a safety valve in ameliorating the problem of unemployment in the East.

Opposition to giving away free land came from employers, who anticipated either a shortage of employees or conditions favorable to employees.

External Reference

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