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 15
... territory that lacked only money and aggressiveness to unlock its golden vault . Although pro- moters artfully combined the desire of Colorado to see its mines de- veloped and the eastern enthusiasm for speculation , they tended to ...
... territory that lacked only money and aggressiveness to unlock its golden vault . Although pro- moters artfully combined the desire of Colorado to see its mines de- veloped and the eastern enthusiasm for speculation , they tended to ...
Page 18
... territorial mines could actually produce at that time.20 Removed from the glitter of company prospectuses and zealous ... territory , once believing eastern capital held the key to prosperity , would tumble into a deep decline . An early ...
... territorial mines could actually produce at that time.20 Removed from the glitter of company prospectuses and zealous ... territory , once believing eastern capital held the key to prosperity , would tumble into a deep decline . An early ...
Page 21
... territory , " then the time to commit potent new devices and processes based on chemistry and metallurgy had arrived.25 The immediate result , however , was a process mania that swept over the Colorado mines between 1864 and 1867 and ...
... territory , " then the time to commit potent new devices and processes based on chemistry and metallurgy had arrived.25 The immediate result , however , was a process mania that swept over the Colorado mines between 1864 and 1867 and ...
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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