Fraser River Gold Rush
At a glance:
- Series: Great Events from History: North American Series
- Categories: Economics, Land Acquisition and Expansion, Territory Redistribution
- Subcategories: Frontier, Pioneers
- Curriculum: Canadian History
- Geographical Location: Canada
- Date: Spring, 1858
Article abstract: An influx of prospectors and settlers into western Canada stimulates subsequent development of the interior of British Columbia.
Summary of Event
In 1857 much of the Western Hemisphere was in the throes of a great depression known as the Panic of 1857. A significant number of banks, the railroads, and a wide array of businesses had gone bankrupt. As a result of the economic uncertainties created by the depression, coupled with the depletion of gold in California, many Westerners turned to Canada to seek their fortunes. Earlier reports...
[The entire page is 1646 words long]
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