I have recently read an article about California Gold Rush from my subscribed British history magazine with particular interest as it was somehow relatable to my own experience of being a recent single pioneer woman from the East to the West with new prospects for the future. Although the article was informative in unpicking the social manifest and latent dysfunctions of Gold Rush, there were also new and innovative modes of business as spearheaded by adventurously daring individuals who paved the way to the prosperity of the Wild West in years to come.
Wells, Fargo & Company, founded by Henry Wells and William G. Fargo, started and prospered the West’s all-purpose business, consisting of transportation, security, and communication agents, buying gold from prospectors and selling them paper bank drafts and delivering the valuables and mail guarded by a hired detective against outlaws. Pony Express, founded by William Russell, Alexander Majors, and William B. Waddell, was the first express courier service in the U.S., delivering mail from California to New York in fifteen (15) days by dedicated excellent employees on horseback day and night until the transcontinental telegraph was established. And there’s the famed Levi Strauss, the founder of the iconic Strauss & Co., who made the first blue jeans for miners, cowboys, etc.
California Gold Rush prompted a huge spike in the demand for changes in various sectors of the American society, which was an inevitable calling of the ethos, Manifest Destiny, and it also begot some of the most interesting and impressive enterprising spirits whose establishments are still among us and whose names are made into the history of the U.S.