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A Classification of American Wealth |
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| Part II-Chapter 7 : The Mining Bonanza Kings > The silver kings : « Previous 1- 2 - 3- 4- 5- 6- 7- 8- 9- 10- 11- 12- 13 Next » |
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The silver kings of Nevada's Comstock Lode ...
George Hearst, the father of press lord William Randolph Hearst, had come to
California in 1850 and worked for nine years as a placer miner on the Mother
Lode and store owner in Sacramento without significant success. In 1859 he
learnt from Grass Valley assayer Melville Atwood that there was silver rich
ore in the Washoe range worth 3’000 $ a ton, which was systematically being
thrown away by the ignorant placer miners and gold seekers. This brought him
to the Comstock Lode, where he acquired a one sixth interest in the famous
Ophir mine ...
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