ISBN: 9780217373395

This historic book may have numerous typos, missing text or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1896. Not illustrat… Altro …

This historic book may have numerous typos, missing text or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1896. Not illustrated. Excerpt: ... CHAPTER XVI. DATS OF THE GREAT BONANZA. The discovery of Crown Point''s bonanza in 1870 had increased the value of all the mines on the Comstock by about $45,000,000. A still greater bonanza --the one by which the fame of Nevada was spread abroad in every land and every tongue--was near discovery, even while Senator Jones was running the fateful drift that raised Crown Point stock within a year from $2 a share to $1,825 and lifted stock of Belcher, the adjoining mine, from $1.50 a share to $1,525. Even while Hayward and Jones were dividing control of the productive mines of the lode with Sharon and other members of the Bank of California syndicate, two Irishmen, John W. Mackay and James G. Fair, were obtaining the fulcrum upon which to poise and turn to their own purposes the most valuable portions of the whole Comstock lode. Three San Francisco men--James C. Flood, William S. O''Brien, and J. M. Walker--were soon joined with them in mining enterprises. Flood and O''Brien had been retailing liquors in a large San Francisco saloon. Walker soon sold out his interest to Mackay for $3,000,000, lost it in bad investments, and died in poverty. The others became the four bonanza kings of the period, and their rise forms one of the most romantic chapters of mining life in America. It seems to represent in a typical way the splendid and fortunate element that one likes to think of as belonging to every mining district. It better explains the fascination that abides in the very name Comstock than all the strange and interesting details about the mines themselves. There was a Dublin-born youth of eighteen named Mackay, a shipbuilder''s clerk in New York, who was placer mining in California in 1852. He saved a little money and lost it, saved a little more, and moved to Virg... Charles Howard Shinn, Books, History, The Story Of The Mine; As Illustrated By The Great Comstock Lode Of Nevada Books>History This is an OCR edition without illustrations or index. It may have numerous typos or missing text. However, purchasers can download a free scanned copy of the original rare book from GeneralBooksClub.com. You can also preview excerpts from the book there. Purchasers are also entitled to a free trial membership in the General Books Club where they can select from more than a million books without charge. Original Published by: Appleton in 1896 in 331 pages; Subjects: Mines and mineral resources; Comstock Lode (Nev.); History / United States / General; History / United States / State & Local / General; History / United States / State & Local / West; Technology & Engineering / Mining;<

ISBN: 9780217373395

This historic book may have numerous typos, missing text or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1896. Not illustrat… Altro …

This historic book may have numerous typos, missing text or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1896. Not illustrated. Excerpt: ... CHAPTER XVI. DATS OF THE GREAT BONANZA. The discovery of Crown Point''s bonanza in 1870 had increased the value of all the mines on the Comstock by about $45,000,000. A still greater bonanza --the one by which the fame of Nevada was spread abroad in every land and every tongue--was near discovery, even while Senator Jones was running the fateful drift that raised Crown Point stock within a year from $2 a share to $1,825 and lifted stock of Belcher, the adjoining mine, from $1.50 a share to $1,525. Even while Hayward and Jones were dividing control of the productive mines of the lode with Sharon and other members of the Bank of California syndicate, two Irishmen, John W. Mackay and James G. Fair, were obtaining the fulcrum upon which to poise and turn to their own purposes the most valuable portions of the whole Comstock lode. Three San Francisco men--James C. Flood, William S. O''Brien, and J. M. Walker--were soon joined with them in mining enterprises. Flood and O''Brien had been retailing liquors in a large San Francisco saloon. Walker soon sold out his interest to Mackay for $3,000,000, lost it in bad investments, and died in poverty. The others became the four bonanza kings of the period, and their rise forms one of the most romantic chapters of mining life in America. It seems to represent in a typical way the splendid and fortunate element that one likes to think of as belonging to every mining district. It better explains the fascination that abides in the very name Comstock than all the strange and interesting details about the mines themselves. There was a Dublin-born youth of eighteen named Mackay, a shipbuilder''s clerk in New York, who was placer mining in California in 1852. He saved a little money and lost it, saved a little more, and moved to Virg... Charles Howard Shinn, Books, History, The Story Of The Mine; As Illustrated By The Great Comstock Lode Of Nevada Books>History, General Books LLC<