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WSP-131 - “The End of a Long Day”
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A gold rush or gold fever is a discovery of gold that brings an onrush of miners seeking their fortune.
Major gold rushes took place in the 19th century in the United States, Canada, Australia, Greece, New Zealand, Brazil, Chile, and South Africa.
Gold rushes were typically marked by a general buoyant feeling of a “free for all”, in which any single individual might become abundantly wealthy almost instantly, as expressed in the California Dream!
Gold rushes helped spur waves of immigration that often led to the permanent settlement of new regions. Activities propelled by gold rushes define significant aspects of the culture of the Australian and North American frontiers.
At a time when the world’s money supply was based on gold, the newly mined gold provided economic stimulus far beyond the goldfields, feeding into local and wider economic booms.
The California Gold Rush of 1848-1855 in the Sierra Nevada captured the popular imagination, and led to an influx of gold miners, which led to California’s rapid industrialization, as businesses sprung up to serve the increased population and financial institutions to handle the increased wealth.
One of these political institutions was statehood; the need for new laws in a sparsely governed land led to the state’s rapid entry into the Union in 1850.
Various gold rushes occurred in Australia over the second half of the 19th Century. The most significant of these although not the only ones, were the New South Wales gold rush and Victorian gold rush in 1851, and the Western Australia gold rushes of the 1890’s.
Brand: John Jenkins
