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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Page 5
... Gulch . Once Gregory and his associates had wisely laid claim to the lode by marking off its boundaries , they devoted most of their time and energy to making it pay . The soft surface dirt and decomposed vein matter were easily ...
... Gulch . Once Gregory and his associates had wisely laid claim to the lode by marking off its boundaries , they devoted most of their time and energy to making it pay . The soft surface dirt and decomposed vein matter were easily ...
Page 75
... Gulch Mining Company , with a capital stock of one million dollars , to work seven claims near Crested Butte . The chief promoter was a dentist who seems to have extracted stock subscriptions , among other things , from his patients ...
... Gulch Mining Company , with a capital stock of one million dollars , to work seven claims near Crested Butte . The chief promoter was a dentist who seems to have extracted stock subscriptions , among other things , from his patients ...
Page 83
... Gulch , large - scale development awaited outside capital . Meanwhile , Stevens reputedly sold everything he owned , most of his wife's property , and borrowed whenever and wherever he could to purchase supplies and maintain a small ...
... Gulch , large - scale development awaited outside capital . Meanwhile , Stevens reputedly sold everything he owned , most of his wife's property , and borrowed whenever and wherever he could to purchase supplies and maintain a small ...
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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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absentee American April Aspen bonanza boom Boston Bradford Prince Bullion businessmen capital capitalists Central City Chaffee Chicago Chrysolite claims Clear Creek County Colo Colorado mining Colorado Springs Comstock Comstock Lode cost County Cripple Creek Cyrus McCormick David Moffat Denver dividends dollars early East eastern Eben Smith enterprise February Fossett frontier George Gilpin County Gold and Silver Henry Historical Society History Horace Tabor Hyman Idaho Springs investors January John Leadville leasing Little Pittsburg lodes McCormick million mills miners Mining Company mining engineer Mining in Colorado mining industry Mining Investments Mining Journal mining properties Mining Record mining stocks mining ventures Moffat October operations owners panies Papers precious metal production profits promoters prospectors prospectus purchase rado railroad Raymond region reported rich Rickard Roberts Rocky Mountain sell shares Silver Cliff Silver Mines speculation Stock Exchange stockholders Tabor territory Thomas West western mines York