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Story June 14, 1850

The Lancaster Gazette

Lancaster, Fairfield County, Ohio

What is this article about?

Col. Fremont receives reports via California mail of incredibly rich and extensive gold mines on his land, promising immense wealth through leases and operations yielding potentially enormous income, as reported by Washington correspondent on May 29.

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OCR Quality

98% Excellent

Full Text

A Rich Man.—The Washington correspondent of the New York Tribune, under date of May 29, says: "Col. Fremont received official advices by the last California mail of the extent and richness of his mines, that even to him appear incredible. If he can hold the land upon which these diggings are, and in which the gold is said to be inexhaustible, and comparatively speaking, of easy access, there will be no estimating his wealth. He is daily making leases to adventurers, the percentage upon which will make his income enormous.—I learn that previous to his leaving California for Washington, he was working thirty men, and that the nett monthly proceeds which were paid over to him were equal to a hundred pounds of pure gold a month. But this would be but a trifling income, in comparison to what it must be, if the accounts of the richness and extent of the veins of gold upon his land, which he received by last mail, are corroborated by actual receipts."

What sub-type of article is it?

Personal Triumph Curiosity

What themes does it cover?

Fortune Reversal Triumph

What keywords are associated?

Gold Mines Col Fremont California Wealth Leases Gold Rush

What entities or persons were involved?

Col. Fremont

Where did it happen?

California

Story Details

Key Persons

Col. Fremont

Location

California

Event Date

May 29

Story Details

Col. Fremont receives official advices of incredibly rich and extensive gold mines on his land, with inexhaustible gold of easy access, leading to enormous wealth from leases; previously, operations with thirty men yielded a hundred pounds of pure gold monthly.

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