A Mine to Make a Mine: Financing the Colorado Mining Industry, 1859-1902Entranced by visions of instant wealth, the fabled prospector and his trusty burro combed the hills of the Rocky Mountain West for that one huge deposit of pay ore. Close behind the prospector--and drawn by the same vision--came the speculator. Capital, a scarce though essential commodity on the frontier, was supplied by the speculators and made possible the development of a hardrock mining industry that helped shape the early history of the region. Between the Civil War and the turn of the century, the gold and silver mines of Colorado were a gaudy, unsavory, but important element in the American financial scene and in the economic history of the West. Joseph E. King, drawing upon contemporary sources, provides the first comprehensive and scholarly examination of eastern investors in Colorado and challenges the popular notion that eastern investors did little more than exploit the mines of Colorado. Not surprisingly, the prospector and the lusty boom towns he visited have often captivated the imagination of historians at the expense of the later stages in the development of a mineral industry. Professor King stresses the contributions of promoters, businessmen, and mining engineers in the development of the "Wild West." |
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... enterprise . Colorado , it was quickly learned , was not to be a poor man's paradise where an individual with pan and pickaxe could carry off its mineral resources . Quite the contrary , since the seams of gold and silver were encased ...
... enterprise . Colorado , it was quickly learned , was not to be a poor man's paradise where an individual with pan and pickaxe could carry off its mineral resources . Quite the contrary , since the seams of gold and silver were encased ...
Page 14
... enterprise , there was certain to be a stack of prospectuses and the open sub- scription book close at hand . One broker further believed that a first- floor office was indispensible for the stock speculator who " dislikes to exercise ...
... enterprise , there was certain to be a stack of prospectuses and the open sub- scription book close at hand . One broker further believed that a first- floor office was indispensible for the stock speculator who " dislikes to exercise ...
Page 33
... Enterprise silver mine to a syndicate of New York and English capitalists for some two million dollars . Writing to Isaac L. Ellwood , an Illinois barbed - wire millionaire , Farish took credit for the sale of the Enter- prise on which ...
... Enterprise silver mine to a syndicate of New York and English capitalists for some two million dollars . Writing to Isaac L. Ellwood , an Illinois barbed - wire millionaire , Farish took credit for the sale of the Enter- prise on which ...
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A Mine to Make a Mine: Financing the Colorado Mining Industry, 1859-1902 Joseph E. King No preview available - 1977 |
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