The silver kings of Nevada's Comstock Lode

A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors

Part 1 : Colonial and Mercantile America	Part 2 : America in the Gilded Age
Part 3 : America in the Twentieth Century	Encyclopedia 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 »

The silver kings of Nevada's Comstock Lode

... In the early 1870’s Ralston and Sharon were probably the richest men in the West and their grip on the Comstock Lode silver bonanza then seemed absolute. They directly owned or controlled many of the mines, the largest and most efficient crushing and stamping mills; they had a virtual monopoly on water and timber supplies as well as transportation to and from the Comstock Lode through their Virginia & Truckee railroad. Thanks to Ralston’s aggressive lending policies, the Bank of California had long since eliminated competing banks from Virginia City. Sharon could thus ...

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