Pinehurst Fashionable Land Boom Attracts Elite Farmers
Pinehurst emerges as a refined agricultural community with men of means investing in 900 acres of cleared land. Prospective yields include net $25 per acre from cotton, over $100 from tobacco, and 45 percent profit from a peach orchard. Harvard alumni Raphael Pumpelly and Ralph W. Page led the early settlement, purchasing 4000 acres on health, elevation, and promised rural cooperation. Others like Roger Derby and Adam Haskell expanded holdings, turning small spaces into large plantations with modern farming methods.