In 1906 the U.S. Congress passed the Antiquities Act originally to protect prehistoric Indian ruins and artifacts in the West. Over the years, starting with President Theodore Roosevelt, and continuing through all subsequent presidents, the Antiquities Act has been used to preserve monuments and parklands and has been a major tool for conservation in the United States.
As examples, President Theodore Roosevelt proclaimed the Grand Canyon and its 800,000 acres a national monument. President Jimmy Carter set aside vast natural lands in Alaska incorporating 15 new national monuments into preserves and national parks. Not without controversy, the Antiquities Act has been used by presidents to protect public lands and their natural beauty.
The maintenance and oversight of these lands and monuments face ongoing and serious financial difficulties.
Investment: $1 Million in 1906.
| Years | Accumulated Principal |
Transfer To Environmental Maintenance & Protection Fund |
| 1906 | Initial Investment a one-time $1Million | - |
| By 2006 (Year 100) | $2.2 Billion | All = $2.2 Billion |
