The Bonanza King by Gregory Crouch
John Mackay and the Battle over the Greatest Riches in the American West

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As Crouch notes, when Mackay died, the former tenement dweller was “one of the world’s richest men” even though he probably didn’t have even a ballpark idea of his financial worth. Admirers of scrupulous entrepreneurship will find much of value in this book.
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Synopsis

The rags-to-riches American frontier tale of an Irish immigrant who outwits, outworks, and outmaneuvers thousands of rivals to take control of Nevada’s Comstock Lode—the rich body of gold and silver so immensely valuable that it changed the destiny of the United States.

Born in 1831, John W. Mackay was a penniless Irish immigrant who came of age in New York City, went to California during the Gold Rush, and mined without much luck for eight years. When he heard of riches found on the other side of the Sierra Nevada Mountains in 1859, Mackay abandoned his claim and walked a hundred miles to the Comstock Lode in Nevada.

Over the course of the next dozen years, Mackay worked his way up from nothing, thwarting the pernicious “Bank Ring” monopoly to seize control of the most concentrated cache of precious metals ever found on earth, the legendary “Big Bonanza,” a stupendously rich body of gold and silver ore discovered 1,500 feet beneath the streets of Virginia City, the ultimate Old West boomtown. But for the ore to be worth anything it had to be found, claimed, and successfully extracted, each step requiring enormous risk and the creation of an entirely new industry.

Now Gregory Crouch tells Mackay’s amazing story—how he extracted the ore from deep underground and used his vast mining fortune to crush the transatlantic telegraph monopoly of the notorious Jay Gould. When Mackay died in 1902, front-page obituaries in Europe and the United States hailed him as one of the most admired Americans of the age. Featuring great period photographs and maps, The Bonanza King is a dazzling tour de force, a riveting history of Virginia City, Nevada, the Comstock Lode, and America itself.
 

About Gregory Crouch

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Gregory Crouch graduated from West Point, where he studied military history. He completed U.S. Army Airborne and Ranger schools and led an infantry platoon in Panama, for which he earned the Combat Infantryman's Badge. He left the Army to pursue other interests, most notably in mountaineering and surfing, and his work has appeared in National Geographic, American History, Outside, Climbing, and Mother Jones, among many publications. The author of Enduring Patagonia, Gregory Crouch lives in the San Francisco Bay Area.
 
Published June 19, 2018 by Scribner. 384 pages
Genres: Biographies & Memoirs, History, Travel. Non-fiction
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Kirkus

Above average
on Apr 11 2018

As Crouch notes, when Mackay died, the former tenement dweller was “one of the world’s richest men” even though he probably didn’t have even a ballpark idea of his financial worth. Admirers of scrupulous entrepreneurship will find much of value in this book.

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