This essay focuses on agriculture and particularly the “freehold ideal” of independent farmers in the nineteenth-century United States. An odd contradiction of American territorial settlement was the farmers’ simultaneous drive to exploit resources for the market and the aim of many of those actively engaged in settlement to shield themselves from the market’s dangers by acquiring land on the frontier. Clark shows how the ideal of freehold farming, which was so central to the American political economy, was actually threatened not so much from the dangers of the market overwhelming the small farm as from the family farm running out of labor to uphold its own productive capacity. Labor, not land, was the problem confronting the freehold vision, as he argues in a provocative re-reading of late nineteenth-century small farmers’ calls for state intervention.