The land was valued at $1,600,000, but the U.S. government agreed to pay far less. The Dakota were promised the interest on $300,000, invested at 5 percent. This amounted to $15,000 per year. The government kept control over one-third of this money, reserving (but not allocating) it for education. Another $200,000 was paid to friends and relatives of the tribe and to settle debts, and $16,000 was given to the Dakota leaders as an incentive to sign the treaty. Each year for 20 years, $23,750 was allocated for annuity payments, food, education, equipment, supplies, and government services.
On the map, click on the areas of land that the Ojibwe and Dakota ceded in 1837.