Traveled to california, the physical geography of the area and evolving Technology Used to mine gold. Good morning everybody. The topic of our lecture is the history of the gold rush and i will talk mainly about california in the years following 1848. But gold played a very, very Important Role in American History. Think back to the conquistadors, one of the things they were fascinating about was the quest for gold. An unquenchable desire for Precious Metals, gold above all, but also silver. When the first settlers came to jamestown they were hoping to find the same supplies of gold found by the spaniards and bitter disappointment not to find gold in the whats now virginia and brought with them jewelers and gold smiths. Americas first gold rush took place in georgia in 1829 in north georgia. If youve been about 100 miles north, you would see the old lump kin county courthouse has been converted into a gold mining museum. Its about 100 miles up the road. What happened was, first gold wa
But also silver. When the first settlers came to jamestown they were hoping to find the same supplies of gold found by the spaniards and bitter disappointment not to find gold in the whats now virginia and brought with them jewelers and gold smiths. Americas first gold rush took place in georgia in 1829 in north georgia. If youve been about 100 miles north, you would see the old lump kin county courthouse has been converted into a gold mining museum. Its about 100 miles up the road. What happened was, first gold was discovered and people started pouring into the area in huge numbers because of the intoxicating possibility that gold would make them wealthy quickly. Until then this had been an area really beyond the line of settlement. But suddenly now the White Settlement catches up very quickly. Here is the governor, george gilmore, describing what it was like meeting the georgia miners in 1829. Many thousands of idle people flocked into georgia from every point of the compass whose pe
Full circle. Rally, caps its 50 briefly touching a record before closing just below that level. The 175 days between peak to trough and back to peak make it the fastest rebound in history after a crash. Stepping up to the pressure. The u. S. Says it will impose extra tariffs on some eu goods from september 1 in its longrunning dispute over illegal subsidies in the airbus case. Plus, no compromise. Democrats and republicans point the finger at each other, as the stimulus debate gives way to electioneering. The two sides still remain trillions apart. Just under an hour away from the start of cash equity trading in europe. We are looking for german Consumer Prices. We are seeing actually a drop month over month of 0. 5 . If you look at wholesale prices from a year ago, there is a gain of 0. 5 sorry, wholesale prices from a month ago. Prices, 0. 5consumer percent drop, wholesale prices, 0. 5 gain. From a year ago, we see wholesale prices that dropped 2. 6 in july. From a year ago, the drop
Chambers testify about their concerns. From february until april of 2020. But the closure rates for minority owned businesses are significantly higher with 41 of blackowned businesses, 32 of latino acts owned businesses and 22 of asian businesses. They closed over the same time frame. Now, in april of this year the federal return bank of new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and are twice as likely to be classified as at risk for distress then nonminorities Small Businesses. Further, companies are three times likely as healthy businesses to close because of [inaudible]. The pcp program established under the cares act and administered by the Small Business administration and treasury as funding lifeline for distressed businesses responding to the culminating pandemic. What recent analysis by the color of change and the u no space United States found only one in ten African American and late lati
Rates. Not want negative the bank of englands own debate with subzero policy continues. Andrew bailey testifies today as the u. K. Chancellor sees a recession unprecedented in scale. 6 00 a. M. In london, 9 00 a. M. In dubai. The global debate on negative rates. Rbnz thatt was the shifted the dial in terms of monetary policy. Only thing i learned is steven major comes and gives me one phrase which is, what the aussies and the kiwis do, bets the global agenda or pushes back on negative rates. I think it will be interesting to see where the fed would be with the ecb. Their rhetoric is shifting further away from the and irp domain nirp domain. Lets see what happens with the bank of england. Nejra you love that phrase and i do remember it well. Absolutely saying that negative rates have got to jump the hurdles. When we heard from powell yesterday as well, where the focus was much more from the take away with him not being so gung ho about talking about fiscal the way he was in the past but