“For most of its 122-year history, the government trust fund program that pays American Indians royalties for use of their land has been a tragic mess, plagued by bureaucratic mismanagement and accusations of flat-out theft.
…
The proposed settlement, which has to be approved by Congress and the court, would send an initial $1,000 payment to all beneficiaries. A distribution model would be developed to award the remaining $1.4 billion royalty award, Cobell says.
In addition, another $2 billion would be used by the government to buy, in trust for the tribes, parcels of what are called “fractionalized” land interests — parcels that have been divided and redivided among tribal heirs over the past century or so. The voluntary buy-back program, says lawyer Harper, would allow tribes to piece together larger parcels that could be used more productively — and under tribal control.”
Liz Halloran, “After A History Of Mistrust, $3.4B For Indians“, NPR
American Thanksgiving Comes Late
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