Business & Finance: Postal Down

Richest strike in Nevada's fabulous Corn-stock Lode was made in March 1873 when the Consolidated Virginia mine opened a silvershot vein 54 ft. thick. Before it was played out the vein yielded $190,000,000 in pure bullion and made a onetime Irish immigrant clerk one of the richest men in the greatest get-rich-quick era in U. S. history. Like many another bonanza king, John William Mackay beat a quick & gaudy path to the capitals of Europe but he did leave an enduring monument to his amazing energy—Postal Telegraph.

The testy irishman entered the telegraph...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!