Saturday, April 2, 2011

The California Gold Rush


If you have followed this blog you will know that my ggg grandmother Anna Dickerson's second husband left Illinois tp pursue financial gain in California. He died there in 1850 after contracting chlolera. Here is a little info about the gold rush.
The California Gold Rush (1848–1855) began on January 24, 1848, when gold was found by James W. Marshall at Sutter's Mill, in Coloma, California.[1] News of the discovery brought some 300,000 people to California from the rest of the United States and abroad.[2] Of the 300,000, approximately half arrived by sea and half came overland.

The gold-seekers, called "Forty-niners" (as a reference to 1849), often faced substantial hardships on the trip. While most of the newly arrived were Americans, the Gold Rush attracted tens of thousands from Latin America, Europe, Australia, and China. At first, the prospectors retrieved the gold from streams and riverbeds using simple techniques, such as panning. More sophisticated methods of gold recovery developed which were later adopted around the world. At its peak, technological advances reached a point where significant financing was required, increasing the proportion of gold companies to individual miners. Gold worth tens of billions of today's dollars was recovered, which led to great wealth for a few. However, many returned home with little more than they had started with.

1 comment:

  1. There's still a gold rush going on in my state of California. The politicians are the minors and taxes is the gold.

    ReplyDelete