![]() Later on timber was another big export, creating the Pacific Northwest's early Timber Industry. But a lot learned quickly that good money was made selling goods and services to miners and less than two years later merchants were setting up shops near major gold strikes within days of one being reported.Īdditionally, there are stories of farmers taking herds of cattle and sheep, wagons of wheat and even eggs from Oregon's Willamette Valley to the California gold fields and making lots of money that way. In the first gold rushes most people definitely made money off mining. ![]() By the standards of Gold rushes just few years later, Sutter's Mill (the first one,) is positively puny. The second real problem in this question is that there wasn't just one California Gold Rush, there were multiple ones. We don't have any accurate numbers on how many people made a fortune, or even just made enough to come out ahead outside of journals and newspaper articles. There are estimates based on assayers records when they purchased gold, but that is limited as gold in itself was a currency and not always exchanged for cash or credit. Outside of word of mouth and the strikes that were notable enough to make news, we don't have a good idea of how much gold was really found as the lack of law enforcement and the hardships in filing a claim meant that miners were tight lipped about the locations and size of any strikes they might have made. The short answer is we really don't know. Previous AMAs | Previous Roundtables Featuresįeature posts are posted weekly. May 25th | Panel AMA with /r/AskBibleScholars Please Subscribe to our Google Calendar for Upcoming AMAs and Events To nominate someone else as a Quality Contributor, message the mods. Our flaired users have detailed knowledge of their historical specialty and a proven record of excellent contributions to /r/AskHistorians. Please Read and Understand the Rules Before Contributing. Report Comments That Break Reddiquette or the Subreddit Rules. Serious On-Topic Comments Only: No Jokes, Anecdotes, Clutter, or other Digressions. Provide Primary and Secondary Sources If Asked. Write Original, In-Depth and Comprehensive Answers, Using Good Historical Practices. Questions should be clear and specific in what they ask, and should be able to get detailed answers from historians whose expertise is likely to be in particular times and places. Nothing Less Than 20 Years Old, and Don't Soapbox. Be Nice: No Racism, Bigotry, or Offensive Behavior. Downvote and Report comments that are unhelpful or grossly off-topic.Upvote informative, well sourced answers.New to /r/AskHistorians? Please read our subreddit rules and FAQ before posting! Apply for Flair ![]()
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