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A Classification of American Wealth |
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| Part II-Chapter 7 : The Mining Bonanza Kings > The Hale & Norcross coup : « Previous 1 - 2 Next » |
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The Hale & Norcross coup When he was back on the Comstock, late in 1868, James Graham Fair immediately started to plot the coup which would launch him (and his chosen partners) on the road to great wealth. His plan involved the Hale & Norcross mine, of which he had thorough knowledge since he had been its assistant superintendent. In the years he was absent, The Hale & Norcross produced about $ 2 million worth of silver and paid substantial dividends. It had also become the prize of a major takeover battle, as William Sharon and his Bank of California crowd wrested control from the mine’s chief owner ...
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