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 121
... needed . He also pointed out that western merchants and mine laborers naturally hesitated to furnish goods or services to a nonassessable company , since it might not honor its obligations , thus encumbering a new enterprise with an ...
... needed . He also pointed out that western merchants and mine laborers naturally hesitated to furnish goods or services to a nonassessable company , since it might not honor its obligations , thus encumbering a new enterprise with an ...
Page 125
... needed . He also pointed out that western merchants and mine laborers naturally hesitated to furnish goods or services to a nonassessable company , since it might not honor its obligations , thus encumbering a new enterprise with an ...
... needed . He also pointed out that western merchants and mine laborers naturally hesitated to furnish goods or services to a nonassessable company , since it might not honor its obligations , thus encumbering a new enterprise with an ...
Page 139
... needed scientific knowl- edge to the industry and , in the opinion of one journal , " killed more swindles and caused the opening up of more good mines than any other class of miners . " Many of the best students from the finest min ...
... needed scientific knowl- edge to the industry and , in the opinion of one journal , " killed more swindles and caused the opening up of more good mines than any other class of miners . " Many of the best students from the finest min ...
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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 camp capital capitalists Central City Chaffee Chicago Chrysolite claims Clear Creek County Clifford Colo Colorado mining Comstock Comstock Lode Cripple Creek Cyrus McCormick David Moffat December Denver dividends dollars early East eastern Eben Smith Engineering and Mining enterprise February Frank Fossett George Gilpin County Gold and Silver Henry Historical Society History Horace Tabor Hyman Idaho Springs investors January John Leadville leasing Little Pittsburg lode March McCormick mill million miners Mining Company mining engineer Mining in Colorado mining industry Mining Investments Mining Journal mining properties Mining Record mining stocks mining ventures Moffat October officers operations owners panies Papers precious metal production profit promoters prospector prospectus purchase rado railroad Raymond reported Rickard Roberts Rocky Mountain sell shareholders shares Silver Cliff Silver Mines speculation Stock Exchange stockholders Tabor Thomas West western mining York