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French Involvement In The California Gold Rush

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French Involvement in the California Gold Rush
California Gold Rush, Mexican War, Who found gold. Why the Mexicans didn’t.
During the late 1840s, France had suffered commercial decline. France had begun construction on a large scale rail network, but failed to budget their construction properly, leaving the construction unfinished, and it’s backers bankrupt. This cascaded further than the initial investors, as smelters who relied on the railways to buy their metal lost a major purchaser. The resulting economic fallout lead to unemployment across several industries. The lack of work for the majority of the populace led many to poverty. At the time, bread prices began rising prices, further straining the economic situation of the working class. …show more content…

While newspapers such as the New York Herald touted the grandiose tales of gold flowing in California. Papers such as the Times of gand the Courrier des Etats-Unis were more relaxed in their reports, expecting newspapers such as the Herald to have greatly exaggerated the news in California, as was expected of Americans at the time. In addition to the skeptical attitude held by the Courrier, the gold rush did not reach national attention immediately due to more pressing matters at home. Following the uprising came the freedom of the press, universal suffrage regardless of gender, and the national elections for President of France; these topics dominated French headlines, and competed against the reports of gold. Still, the gold rumors managed to pepper the daily newspapers. The populace however, remained adamant that the reports were simply American fantasy. It wasn’t until December fifth, 1848, when President Polk delivered his State of the Union and confirmed the rumors of gold in California, did the acceptance of the gold rush become unanimous. With the elections drawing to a close on December tenth, France was in a frenzy, with the fervor of a new duly elected president, and the dreams of Californian gold.

Who left for the gold fields. How workers managed to pay for trips to the new world. The companies formed. Mention how small towns like Dieppois managed to stimulate the

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