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Read The Age Of Gold (2008)

The Age of Gold (2008)

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Language
English
Publisher
Knopf Doubleday Publishing Group

The Age Of Gold (2008) - Plot & Excerpts

By the beginning of the Civil War, California’s mines had produced more than $600 million in gold. During the four years of the war, another $130 million came out of the ground. Not all of the gold went east right away; much was employed to build San Francisco and the other cities and towns of California. But most eventually—during the war, quickly—wound up in the banks of New York or with the Treasury at Washington. (Not a little went to Europe as well.) Before the war, the South received considerably less California gold than the North did, on account of the South’s lack of large financial institutions and its relative dearth of goods the miners wished to buy. After the war started, the South was cut off almost completely—which was what drove Harpending to his desperate plot. Some contraband gold penetrated the Union blockade, but in quantities minuscule by comparison with what the North received.
The western mines—including the new mines of Nevada that intrigued Leland Stanford and seduced the sunshine secessionists who abandoned Harpending—weren’t what won the war for the North.

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