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California Gold Rush

California Gold Rush
California Clipper 500.jpg
Sailing to California at the beginning of the Gold Rush
Date January 24, 1848 (1848-01-24)–1855
Location Sierra Nevada and Northern California goldfields
Coordinates 38°48′09″N 120°53′41″W / 38.80250°N 120.89472°W / 38.80250; -120.89472Coordinates: 38°48′09″N 120°53′41″W / 38.80250°N 120.89472°W / 38.80250; -120.89472
Participants 300,000 prospectors
Outcome 49ers

The California Gold Rush (1848–1855) began on January 24, 1848, when gold was found by James W. Marshall at Sutter's Mill in Coloma, California. The first to hear confirmed information of the gold rush were the people in Oregon, the Sandwich Islands (Hawaii), and Latin America, and they were the first to start flocking to the state in late 1848. All in all, the news of gold brought some 300,000 people to California from the rest of the United States and abroad. Of the 300,000, approximately half arrived by sea and half came overland on the California Trail and the Gila River trail.

The gold-seekers, called "forty-niners" (as a reference to 1849), often faced substantial hardships on the trip. While most of the newly arrived were Americans, the Gold Rush attracted tens of thousands from Latin America, Europe, Australia, and China. At first, the prospectors retrieved the gold from streams and riverbeds using simple techniques, such as panning. More sophisticated methods of gold recovery were developed and later adopted around the world. At its peak, technological advances reached a point where significant financing was required, increasing the proportion of gold companies to individual miners. Gold worth tens of billions of today's dollars was recovered, which led to great wealth for a few. However, many returned home with little more than they had started with.

The effects of the Gold Rush were substantial. San Francisco grew from a small settlement of about 200 residents in 1846 to a boomtown of about 36,000 by 1852. Roads, churches, schools and other towns were built throughout California. In 1849 a state constitution was written. The new constitution was adopted by referendum vote, and the future state's interim first governor and legislature were chosen. In September, 1850, California became a state as part of the Compromise of 1850.


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Wikipedia

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