Economics
of the PNW before 1900
*
What next?
- by 1840, fur trade
was wrapping up
- pioneers were
pouring into the
-> doing basic farming, but creating a
base for larger
industry
- Economic troubles and hope for good land
pushed people West
from back East
-> big swells
of settlers as a result of periodic crashes
-> Homesteading
=> 160 acres for $1.25 an acre
- routes made the
trip easier
->
-> Transcontinental railroads
*
Mining
- coal
->
=>
coal fields
in the area
- gold
->
over the West
->
some gold found in
- lead, zinc, silver
also found in
- mining brought
growth
-> farmers cold
sell produce
-> small towns
grew to service the miners
=> barkeeps,
bankers, and madams built local fortunes
=> capital
could be invested locally
-> busted
miners settled down as residents
=> Chinese immigrants also settled
down
-> Native American pushed onto smaller
and smaller
reservations as
even mountains became off-limits
* Fishing
- Salmon processing early on
-> 1886 purse seine nets
-> Salmon usually smoked or canned
=> 1867 first cannery in Eagle
Cliffs, Washington
=> sold in
=> canneries
often used large numbers of Chinese laborers