In connection with Oliver Phelps, he purchased from the state of Massachusetts in 1788 pre-emption rights to an immense tract of land in western New York State which straddled the Genesee River, all for the sum of $1,000,000 (the Phelps and Gorham Purchase).
New York and Massachusetts reached a compromise settling their competing claims for the region on December 1786 with the signing of the Treaty of Hartford.
Celebrities originally interviewed by Chicagoactor.com include Jeremy Piven, Heather Graham, David Carradine, Michael Rooker, Bonnie Hunt, John Lodge, Gabe Kaplan, James Phelps, Oliver Phelps, Bill Kurtis, and Walter Jacobson.
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Thaddeus Leavitt Esq. and Suffield businessmen Oliver Phelps (then the largest landowner in America), Gideon Granger, Luther Loomis and Asahel Hatheway owned between them one-quarter of all the lands assigned to Connecticut in the Western Reserve.