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Food Rush - California Gold Rush - Netflix
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 news of gold brought approximately 300,000 people to California from the rest of the United States and abroad. The sudden influx of immigration and gold into the money supply reinvigorated the American economy, and California became one of the few American states to go directly to statehood without first being a territory, in the Compromise of 1850. The Gold Rush had severe effects on Native Californians and resulted in a precipitous population decline from disease, genocide and starvation. By the time it ended, California had gone from a thinly populated ex-Mexican territory, to the home state of the first presidential nominee for the new Republican Party, in 1856. The effects of the Gold Rush were substantial. Whole indigenous societies were attacked and pushed off their lands by the gold-seekers, called “forty-niners” (referring to 1849). 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 move to the state in late 1848. Of the approximately 300,000 people who came to California during the Gold Rush, about half arrived by sea and half came overland on the California Trail and the Gila River trail; forty-niners often faced substantial hardships on the trip. While most of the newly arrived were Americans, the gold rush attracted thousands from Latin America, Europe, Australia, and China. Agriculture and ranching expanded throughout the state to meet the needs of the settlers. 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. At the beginning of the Gold Rush, there was no law regarding property rights in the goldfields and a system of “staking claims” was developed. Prospectors retrieved the gold from streams and riverbeds using simple techniques, such as panning. Although the mining caused environmental harm, more sophisticated methods of gold recovery were developed and later adopted around the world. New methods of transportation developed as steamships came into regular service. By 1869, railroads were built from California to the eastern United States. 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 US dollars was recovered, which led to great wealth for a few, though many who participated in the California Gold Rush earned little more than they had started with.
Food Rush - Profits - Netflix
Recent scholarship confirms that merchants made far more money than miners during the Gold Rush. The wealthiest man in California during the early years of the rush was Samuel Brannan, a tireless self-promoter, shopkeeper and newspaper publisher. Brannan opened the first supply stores in Sacramento, Coloma, and other spots in the goldfields. Just as the rush began he purchased all the prospecting supplies available in San Francisco and re-sold them at a substantial profit. Some gold-seekers made a significant amount of money. On average, half the gold-seekers made a modest profit, after taking all expenses into account; economic historians have suggested that white miners were more successful than black, Indian, or Chinese miners. However, taxes such as the California foreign miners tax passed in 1851, targeted mainly Latino miners and kept them from making as much money as whites, who did not have any taxes imposed on them. In California most late arrivals made little or wound up losing money. Similarly, many unlucky merchants set up in settlements which disappeared, or which succumbed to one of the calamitous fires that swept the towns that sprang up. By contrast, a businessman who went on to great success was Levi Strauss, who first began selling denim overalls in San Francisco in 1853. Other businessmen reaped great rewards in retail, shipping, entertainment, lodging, or transportation. Boardinghouses, food preparation, sewing, and laundry were highly profitable businesses often run by women (married, single, or widowed) who realized men would pay well for a service done by a woman. Brothels also brought in large profits, especially when combined with saloons and gaming houses. By 1855, the economic climate had changed dramatically. Gold could be retrieved profitably from the goldfields only by medium to large groups of workers, either in partnerships or as employees. By the mid-1850s, it was the owners of these gold-mining companies who made the money. Also, the population and economy of California had become large and diverse enough that money could be made in a wide variety of conventional businesses.
Food Rush - References - Netflix