Aspen, Colorado: Difference between revisions
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Silver was first discovered by prospectors from [[Leadville, Colorado]] in [[1879]] after a treaty with the [[Ute]] tribe opened up the Western Slope of Colorado to entry. Because of difficult access mining development was slow but in [[1877]] the railroad was extended to Aspen and it grew to a population of 12,000 and 9 million dollars of silver bullion was mined at the height of the boom in [[1892]]. |
Silver was first discovered by prospectors from [[Leadville, Colorado]] in [[1879]] after a treaty with the [[Ute]] tribe opened up the Western Slope of Colorado to entry. Because of difficult access mining development was slow but in [[1877]] the railroad was extended to Aspen and it grew to a population of 12,000 and 9 million dollars of silver bullion was mined at the height of the boom in [[1892]]. |
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During the life of the silver boom in Colorado, the price of silver steadily declined. At first it was propped up by purchases by the Federal Government, but in [[1893]] purchases ceased. Within a few days all the Aspen mines were closed and thousands of minors were put out of work. It was proposed that silver be recognized as legal tender and the [[Populist Party]] adopted that as one of its main issues; [[Davis H. Waite]], an Aspen newspaperman and agitator was elected governor of Colorado on the Democratic Ticket; but in time the movement failed. |
During the life of the silver boom in Colorado, the price of silver steadily declined. At first it was propped up by purchases by the Federal Government, but in [[1893]] purchases ceased. Within a few days all the Aspen mines were closed and thousands of minors were put out of work. It was proposed that silver be recognized as legal tender and the [[United States Populist Party|Populist Party]] adopted that as one of its main issues; [[Davis H. Waite]], an Aspen newspaperman and agitator was elected governor of Colorado on the Democratic Ticket; but in time the movement failed. |
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Eventually, after wage cuts, mining revived somewhat, but production declined and by the [[1930]] census only 705 residents remained. There was a fine stock of old business blocks and residences and excellent snow. Eventually Aspen was discovered and became a [[Colorado ski resorts|ski resort]] and cultural center. |
Eventually, after wage cuts, mining revived somewhat, but production declined and by the [[1930]] census only 705 residents remained. There was a fine stock of old business blocks and residences and excellent snow. Eventually Aspen was discovered and became a [[Colorado ski resorts|ski resort]] and cultural center. |
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