From a Gold Nugget to Mad Rush

On August 16, 1896, George Washington Carmack and two Indian friends in the Yukon pried a nugget from the bed of Rabbit Creek, a tributary of Canada's Klondike River, and set in motion one of the most frenzied and fabled gold rushes in history. Over the next two years, at least 100,000 eager would-be prospectors from all over the world set out for the new gold fields with dreams of a quick fortune dancing in their heads. Only about 40,000 actually made it to the Klondike, and precious few of them ever found their fortune.

 

Swept along on this tide of gold seekers was a smaller and cannier contingent, also seeking their fortunes but in a far more practical fashion. They were the entrepreneurs, the men and women who catered to the Klondike fever.

 

George Carmack, the man who began it all, was neither a die-hard prospector nor a keen businessman. The California native was simply in the right place at the right time. Not that this son of a Forty-Niner had anything against being rich. But, like most of the white men who drifted north in the 1870s and '80s, he came as much for the solitude as for the gold.

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