The farmers fought against the Gold Standard, railroads, and industrialist during this period causing lots of confrontation. In document G you can see the increase rate of manufacturing corporations and the steady decline of the agricultural market. The United States could no longer wish to be a country of small estate farms. Industrialists and the people living in immense cities depended on farmers to basically keep them alive throughout the years. However, back then numerous people didn’t comprehend just how much of an impact farmers had on their everyday lives.
The entire “gold country” was open to everyone and there was no taxes levied on what the miners find. Although the peak of the rush was in 1849, some 80,000 prospectors conglomerated into that one year, arriving by the California trail, by ship around Cape Horn, or through the Panama shortcut. Many of the immigrants then became known at the 49’ers. Miners came from all around the world, Britain, Europe, China, Australia, North and South America. In The Gold Rush, it states, “The ocean voyage often took over six months, and the notoriously rough seas at Cape Horn gave rise to dangerous passage.
Country X would have remained without trade things and cities if it was not for the indus river people. Pjrior to the gold rush of 1849, most of western North America was uninhabited. Immigrants were flooding into America on the east coast, nyc, ellis island, lots of Europeans. The cities were crowded and many people wanted to leave but they did not have many options out west until the gold rush came along. People began flocking to California when they started hearing stories about the gold rush, dreams of making it rich, gold lying around just waiting for you to grab it.
Landlords often borrowed large sums of money and, when serfs died or demanded higher wages, landlords could not raise money to repay creditors. If the landlord succumbed to the plague, there was no way for creditors to recover lost money. Widespread labor shortages led to a rise in labor prices. This occurred in all aspects of the economy but was especially evident in the agricultural sector. Serfs who for centuries had worked the land for little or not pay, suddenly began to demand higher wages and, increasingly, revolted against a nobility that sought to work them for lower wages of the past.
On May 13, 1859 John H. Gregory presented $8 of gold that he mined near Clear Creek, bringing back up the excitement by the end of May causing everyone to leave everything they were doing, building houses, bar-keepers, etc. to join the rush, again. Well-known journalists from various newspapers hike up to Gregory Gulch, where they saw that panning for gold could average $21 up to $500 a day. They published their findings in the Rocky Mountain News, which ended bringing five hundred new comers daily, who set up camps throughout Central
Mining was an important factor in the development of the West during the 1800s. When people got wind of a discovery of gold or silver, they would flock to the area with hopes of striking it rich due to the high value of these minerals. These prospectors would use pan and placer mining to sift the minerals out from streams or the shallow surface of the land. After these shallow resources of the minerals were depleted, commercial mining outfits would come in and extract the gold and silver from deep underground. “The thousands of people who flocked to the mining towns in search of quick wealth and who failed to find it often remained as wage laborers in corporate mines after the boom period” (Brinkley, 2007).
Economics: Salida is the service, supply, and tourism center for the Upper Arkansas Valley. Being a gold mine town, The city developed quickly, and became the hub of a prosperous mining and agricultural region within a decade of its founding. Salida endured devastating fires in its business areas in 1886 and 1888, but rebounded to build a substantial commercial area consisting principally of two-story brick buildings. The burned buildings deprived many jobs - which drove the unemployment rate up to 15-30 percent in the late 1980’s - though the citizens of salida slowly recovered. Transportation: The Denver and Rio Grande
Unfortunately, it did. On October 29, 1929, the stock market crashed, and the United States once again found itself in economic turmoil. Prior to this, many people had begun purchasing stock on margin, or in other words, on credit. When the market crashed, the stock brokers called the loans they gave out back so that their companies may survive, except the loans couldn’t be paid back by the debtors. Many of the nation’s banks soon went under because they too had paid into the stock market and had lost much of their money.
Blacks people were slaves in the past. The white people bought them and wanted them work for themselves. When president Lincoln freed all the African-American, the slave owners especially who are farmers were very angry with that, because they lost free workers who was earning money for them. Also, many African-American were not getting a good education and that time. Many of them can not find jobs in the society, but they need money to live.
There were many problems African Americans were facing before the New Deal became an instrument in the saving of the United States economy. Because of the Depression, African Americans workers were pushed out of jobs, favoring White workers. Because Blacks were last hired and first fired, it made it easier for them to lose their jobs at faster rates. The near subjugation of the tenant farming system destroyed many work opportunities for blacks to have any work because many black agricultural workers did not have other job skills, they were highly unlikely to get employment elsewhere. Many black farmers could not obtain contracts for their crops.