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To survive in these temperatures the miners used up tons of ice (frozen in the winter and hauled in) each day. The gold and silver found more than paid for the wages, development, lumbering and shipping costs. In the next twenty years, over $300,000,000 (in 1880 dollars) worth of gold (at about $20/oz.) and silver (at about $1.00/oz.) were ...
The 1880 United States presidential election in California was held on November 2, 1880, as part of the 1880 United States presidential election. State voters chose six representatives, or electors, to the Electoral College, who voted for president and vice president . California narrowly voted for the Democratic nominee, United States Army ...
California became an American cultural phenomenon; the idea of the "California Dream" as a portion of the larger American Dream of finding a better life drew 35 million new residents from the start to the end of the 20th century (1900–2010). [1] Silicon Valley became the world's center for computer innovation.
The gold standard and the tariff tax on imports divided the major parties. [5] The monetary debate was over the basis for the value of the United States dollar. Nothing but gold and silver coin had ever been legal tender in the United States until the Civil War, when the mounting costs of the war forced the United States Congress to issue "greenbacks" (dollar bills backed by government bonds). [6]
The same coinage act also set the value of an eagle at 10 dollars, and the dollar at 1 ⁄ 10 eagle. It called for silver coins in denominations of 1, 1 ⁄ 2, 1 ⁄ 4, 1 ⁄ 10, and 1 ⁄ 20 dollar, as well as gold coins in denominations of 1, 1 ⁄ 2 and 1 ⁄ 4 eagle. The value of gold or silver contained in the dollar was then converted ...
The 1562 map of the Americas, created by Spanish cartographer Diego Gutiérrez, which applied the name California for the first time.. California was the name given to a mythical island populated only by beautiful Amazon warriors, as depicted in Greek myths, using gold tools and weapons in the popular early 16th-century romance novel Las Sergas de Esplandián (The Adventures of Esplandián) by ...
The largest non-agricultural segment was ship building, which was from 5 to 20% of total employment. [13] About 45% of American made ships were sold to foreigners. [6] Exports and related services accounted for about one-sixth of income in the decade before revolution. [13] Just before the revolution, tobacco was about a quarter of the value of ...
Harrison Gray Otis, founder and owner of the Los Angeles Times, and a number of business colleagues embarked on reshaping southern California by expanding that into a harbor at San Pedro using federal dollars. The Los Angeles & San Pedro Railroad was the first railroad in Los Angeles, photo ca.1880.