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George Hearst

 

George Hearst (1820-1891), American publisher and U.S. senator, began as a prospector and acquired vast claims in gold and copper mines.

George Hearst was born on Sept. 3, 1820, in Franklin County, Mo. His boyhood work in the Missouri lead mines induced him to enroll in the Franklin County Mining School. He graduated in 1838. In 1850 he went to the California goldfields but found little gold.

For a time Hearst operated a general store at Nevada City, Calif., but an attempt to establish a branch in Sacramento proved financially disastrous. Returning to mining, he at last struck a paying prospect - the Lecompton mine - at Nevada City. In 1859 he joined the rush to the Washoe Valley of Nevada. In partnership with James Haggin and Lloyd Tevis, Hearst became owner of several of the most promising mines on the Comstock Lode. Hearst continually expanded his holdings and also acquired mining properties in Utah, Nevada, and California, and also in Peru, Chile, and Mexico.

By the early 1870s the firm of Hearst, Haggin, Tevis and Company was becoming the single largest firm of private mine owners in the nation. However, Hearst suffered severe reversals in the depression of 1873. Yet, at the very moment when his fortune seemed on the wane, he invested in what became the two most profitable mining ventures of his career: the Homestake gold mine in the Black Hills of South Dakota and the Anaconda copper prospect in Montana.

Like other business titans, Hearst made large contributions to political parties and ultimately sought public office. In 1865 California's pro-South element elected him to the state legislature. He served one term and cast the only vote against ratification of the 13th Amendment. He then devoted himself to business activities until 1882, when he sought the Democratic gubernatorial nomination and was narrowly defeated.

Needing a public forum to further his political ambition, Hearst entered the newspaper business in 1880, acquiring the San Francisco Daily Examiner. When he achieved his political goal 7 years later, he turned the Examiner over to his son, William Randolph Hearst.

In 1885 the Democrats supported Hearst for the Senate, but he was defeated by railroad magnate Leland Stanford. The following year, however, on the death of California's senior senator, Hearst was appointed to fill the vacancy. In 1889 he was elected to a full term. He died on Feb. 28, 1891, while serving in Washington.

Further Reading

Mr. and Mrs. Fremont Older, The Life of George Hearst (1933), is an official biography. Other works containing relevant material include Edith Dobie, The Political Career of Stephen Mallory White (1927), and Oliver Carlson and Ernest Sutherland Bates, Hearst: Lord of San Simeon (1936).

Additional Sources

Older, Fremont, The life of George Hearst, California pioneer, Beverly Hills, Calif.: William Randolph Hearst, 1933 (San Francisco: John Henry Nash).

Columbia Encyclopedia:

George Hearst

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Hearst, George (hûrst), 1820-91, American mining magnate, U.S. senator (1886-91), b. Franklin co., Mo. He went to California in 1850 and became a mining prospector and geologist. He successfully selected and invested in numerous mining properties, notably the Ontario in Utah, the Ophir in Nevada, the Homestake in South Dakota, and the Anaconda in Montana. He bought (1880) the San Francisco Examiner, which his son William Randolph Hearst managed after 1887. An unsuccessful Democratic candidate (1885) for U.S. Senator, George Hearst was later appointed (1886) and then elected (1888) to the Senate. His wife, Phoebe Apperson Hearst, 1842-1919, became a prominent philanthropist and donated freely to the Univ. of California for buildings, expeditions, and facilities.

Bibliography

See biography by C. M. B. and F. Older (1933, new ed. 1966).

Wikipedia on Answers.com:

George Hearst

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George Hearst
United States Senator
from California
In office
1887–1891
Preceded by Abram P. Williams
Succeeded by Charles N. Felton
Personal details
Born September 3, 1820(1820-09-03)
near Sullivan, Missouri
Died February 28, 1891(1891-02-28) (aged 70)
Washington, D.C.
Political party Democratic
Net worth USD $19 million at the time of his death (approximately 1/712st of US GNP)[1]

George Hearst (September 3, 1820 – February 28, 1891) was a wealthy American businessman and United States Senator, and the father of newspaperman William Randolph Hearst.

Contents

Early life and education

Hearst was born of a Scottish origin near Sullivan, Missouri, to William G. Hearst and Elizabeth Collins.[2][3]

Mining career

Ophir Mill ruins, Comstock Lode. The Ophir Mine is where Hearst made his first fortune, in 1859.

When his father died in 1846, George took over the care of his mother, brother and sister. In addition, he did some mining and ran a general store.[4] He first heard of the discovery of gold in California in 1849. Before deciding to depart, he continued to read further news on the subject so that he could be more certain it was true. Finally, in 1850, as a member of a party of 16, he left for California.[5] After arriving in 1850, he and his companions first tried placer mining in the vicinity of Sutter's Mill on the American River. After spending a cold winter and making meager finds, they moved to Grass Valley on the news of a new lode. Using his mining education and experience in Missouri, George switched to prospecting and dealing in quartz mines.[3][6][7][8] After almost ten years, Hearst was making a decent living as a prospector, and otherwise engaged in running a general store,[9] mining, stock raising and farming in Nevada County.[10]

In the summer of 1859, Hearst learned of the wonderful silver assays of the "blue stuff" someone had picked up over what was to become the Comstock Lode, and sent to a Nevada County assayer. Hearst hurried over to Washoe Valley, where he arranged to buy a one-sixth interest in the Ophir Mine there. That winter, Hearst and his partners managed to mine 38 tons of high-grade silver ore, packed it across the Sierra on muleback, had it smelted in San Francisco, and made $91,000 profit (or roughly $4,500,000 in 2011 dollars). It was the sight of the bars of Ophir silver that started the rush to Washoe.[11]

Investments

As a partner of Hearst, Haggin, Tevis and Co., Hearst had interests in the Comstock Lode and the Ophir mine in Nevada, the Ontario silver mine in Utah, the Homestake gold mine in South Dakota (his pursuit of which is dramatized in the HBO television series Deadwood), and the Anaconda Copper Mine in Montana. (He later invested in the Cerro de Pasco Mine in Peru.) The company grew to be the largest private mining firm in the United States. Hearst acquired the reputation of being the most expert prospector and judge of mining property on the Pacific coast, and contributed to the development of the modern processes of quartz and other kinds of mining. Another of his holdings, that his son insisted on taking control of, was the San Francisco Examiner, which became the foundation of the Hearst publishing empire. He bought the newspaper as a sign of loyalty to his friends by accepting it as payment for gambling debt owed to him. He believed it could become a profitable enterprise of mass propaganda. One of his biggest investments was the Homestake Mine in South Dakota in 1877. Although the gold ore was lean, it was a massive deposit that remained as an active mine until 2002.

Personal and political life

He returned to Missouri in 1860 in order to care for his ailing mother and take care of some legal disputes. During this time, he became reacquainted with a younger neighbor, a girl of 18, whom the 40-year-old Hearst married on June 15, 1862.[12] In 1862 Hearst and his new bride, Phoebe Apperson, moved to San Francisco. Phoebe gave birth to their only child, William Randolph Hearst, April 29, 1863. Hearst was a member of the California State Assembly from 1865 until 1866, one of 12 members representing San Francisco. During this time (1865) he acquired Rancho Piedra Blanca at San Simeon, California. He later bought parts of adjoining ranchos, and this land eventually became the site of the famed Hearst Castle. George and Phoebe's residence on the property still exists at the base of the hill on which the castle is built. They also maintained a home in San Francisco at the corner of Chestnut and Leavenworth.[13]

Hearst owned a Thoroughbred horse racing stable. One of his better known horses was Jerome Handicap winner, Tournament. Following Hearst's death, Tournament was bought by Foxhall P. Keene when the stable was auctioned off at a dispersal sale on May 14, 1891. [1]

He was an unsuccessful Democratic candidate for Governor of California in 1882.

Senatorial career

He was appointed as a Democrat to the United States Senate to fill the vacancy caused by the death of John F. Miller, and served from March 23, 1886 to August 4, 1886, when a successor was elected. In 1887 he was elected to the Senate as a Democrat and served from March 4, 1887 until his death.

Death

Hearst died, aged 70, in Washington, D.C. February 28, 1891. The San Francisco legislature left early to attend George’s funeral.

He is buried with his wife and son in Cypress Lawn Cemetery in Colma, California. The Hearst Memorial Mining Building on the Berkeley campus is dedicated to his memory.

Depictions in television and film

George Hearst was portrayed by Gerald McRaney on the HBO television series Deadwood. On the show, Hearst is the primary antagonist of season 3, and is depicted as a ruthless and borderline sociopathic robber baron.

References

  1. ^ Klepper, Michael; Gunther, Michael (1996). The Wealthy 100: From Benjamin Franklin to Bill Gates—A Ranking of the Richest Americans, Past and Present. Secaucus, New Jersey: Carol Publishing Group. p. xiii. ISBN 978-0-8065-1800-8. OCLC 33818143 
  2. ^ Watson, Margaret: "Greenwood County Sketches", p. 254. Attic Press, 1970
  3. ^ a b "Biographical Notes - George Hearst". inn-california.com. http://www.inn-california.com/articles/biographic/georgehearst.html. Retrieved 2011-02-13. 
  4. ^ Nasaw, David (2000). "The Chief", p. 4. Houghton Mifflin Company, 2000, (ISBN 0-395-82759-0).
  5. ^ "Press Reference Library", vol. 2, p. 34. International News Service, 1915
  6. ^ Nasaw, David (2000). "The Chief", p. 5. Houghton Mifflin Company, 2000, (ISBN 0-395-82759-0).
  7. ^ "A Brief History of Hearst Corporation". Hearst Corporation. February 2011. http://www.hearst.com/files/hearst-timeline-february-2011.pdf. Retrieved 2011-02-13. 
  8. ^ "George Hearst - Father of a Mining and Publishing Empire". legendsofamerica.com. http://www.legendsofamerica.com/we-georgehearst.html. Retrieved 2011-02-13. 
  9. ^ Nasaw, David (2000). "The Chief", p. 6. Houghton Mifflin Company, 2000, (ISBN 0-395-82759-0).
  10. ^ "A Brief History of Nevada City". nevadacitychamber.com. Nevada City Chamber of Commerce. http://www.nevadacitychamber.com/history.htm. Retrieved 2006-07-06. [dead link]
  11. ^ Rodman W Paul, 1963, Mining frontiers of the Far West, 1848-1880., p. 63. ISBN 978-0-8263-0315-8
  12. ^ Crawford County, Missouri Marriage Book, Volume B, page 139
  13. ^ Letter by Caleb Bowles (George's first cousin), February 1, 1868

External links

California Assembly
Preceded by
Twelve members
California State Assemblyman, 8th District
(San Francisco seat)

1865-1867
(with eleven others)
Succeeded by
Twelve members
United States Senate
Preceded by
John F. Miller
United States Senator (Class 1) from California
1886
Served alongside: Leland Stanford
Succeeded by
Abram P. Williams
Preceded by
Abram P. Williams
United States Senator (Class 1) from California
1887–1891
Served alongside: Leland Stanford
Succeeded by
Charles N. Felton

 
 

 

Copyrights:

$copyright.smallImage.alttext Gale Encyclopedia of Biography. Gale Encyclopedia of Biography. © 2006 by The Gale Group, Inc. All rights reserved.  Read more
Columbia Encyclopedia. The Columbia Electronic Encyclopedia, Sixth Edition Copyright © 2012, Columbia University Press. Licensed from Columbia University Press. All rights reserved. www.cc.columbia.edu/cu/cup/ Read more
Wikipedia on Answers.com. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article George Hearst Read more

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