William Hope Harvey was born the fifth of six children on August 16, 1851 to Colonel Robert Trigg Harvey and Anna Limbroux. Called Billy in his youth, Harvey went to school in a log house during the civil war, taught a term at sixteen, and graduated law school at nineteen. The book, “Coin Harvey, Prophet of Monte Ne” by Lois Snelling, was commissioned by the Benton County Historical Society to chronicle Harvey’s life from his birth on a farm in Buffalo, Virginia to the impact he would have on the Northwest Arkansas area well after his death on February 11, 1936 in Monte Ne, Arkansas. This book explores, briefly, the lives of Coin’s neighbors, past and contemporary.
On a stop in Colorado during a business trip to California in 1883, Coin became
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The quaint town sported: two hotel; a golf course; a scandalous (for the time) enclosed swimming pool; newspaper; bank; and a 25-mile railroad that would leave the visitor at a platform to wait for the gondola which was imported from Italy where the guest would be ferried across the water by a gondolier to the hotel. The two hotels, Oklahoma Row and Missouri Row held the record for the longest log buildings in the world.
Purchasing the 320 acre tracks of land that Silver Springs sat on, Coin built a summer resort. There were problems with Monte Ne from the beginning, some were self-imposed and some were outside of Coin’s control; a disagreement among the stockholders caused financial failure; reallocation of resources from WWI caused the railroad to be abandoned, and Coin would suffer many financial setbacks to new projects he would begin at Monte Ne. Although many of the projects Coin Harvey began were foiled, the amphitheater became known as the Pyramid and it continues to be an icon for the Northwest Arkansas area and
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Still wanting to change Arkansas for the better, he took on the cause for better roads in the Ozarks region. For Harvey, the importance of better roads in the Northwest Arkansas area was in bringing more people to his beloved Monte Ne. In Coin’s time, travel was on the rise however, the roads were still better suited for wagon wheels rather than new automobile tires. Coin wanted a well mapped and unified road system that would have clearly marked and well maintained roads, connecting throughout the United States and leading back to Monte Ne. Establishing The Ozarks Trails Association with the goal of improving the roads and marking all connecting roads in the Arkansas, Missouri, Oklahoma and Kansas area, Coin and the OTA published the first ever road map in the United States. Coin reportedly stated “My personal interest in the Ozarks Trails is that they all lead to Monte Ne, where we have a delightful resort where many are interested who live in the four states.” The U.S. government continues to use Harvey’s system of naming and numbering roads to this
With differing economies and the growth of specie and paper money, Brands argues that the basis of knowledge about the money system of this time lays a foundation for how Carnegie, Rockefeller, and others were able to manipulate the market and gain wealth. Leading into price manipulation by those in corporate
"Prologue: Selected Articles." National Archives and Records Administration. National Archives and Records Administration, n.d. Web. 21 Apr. 2014.
In the beginning of the 1830s, the United States experienced a short period of expansion and a prosperous economy. Land sales, new taxes, such as the Tariff of 1833, and the newly constructed railroads brought a lot of money into the government’s possession; never before in the history of the country had the government experienced a surplus in its national bank. By 1835, the government was able to accumulate enough money to pay off its national debt. Much of the country was happy with this newly accumulated wealth, but President Jackson, before leaving office in 1836, issued what is called a Specie Circular. Many local and state governments liked to save specie, or gold and silver, and use paper money to take care of transactions. President Jackson, in his Specie Circular, said that the Treasury was no longer allowed to accept paper money as payment for the sales of land and the like. Most, if not all, of the country did not like this, and as a result many banks restricted credit and discontinued the loans. The effects of Jackson’s Specie Circular took effect in 1837, when Martin van Buren became president. All investors became scared, and in 1837, attempted to withdraw all of their money at once. Soon after this, unemployment and riots occurred in many cities, and the continued expansion of the railroad ceased to be.
4. Excerpt from Senate Report 693, 46th Congress, 2nd Session (1880). Posted on PBS.org December 19, 2003. http://www.pbs.org/wgbh/amex/reconstruction/sharecrop/ps_adams.html
Williams, C. Fred, et al. A Documentary History of Arkansas. Fayetteville: University of Arkansas Press, 1984.
Bryan wanted the United States to use silver to back the dollar at a value that would inflate the prices farmers received for their crops, easing their debt burden. This position was known as the Free Silver Movement. Free silver was a major issue in the late 19th century; it advocated an inflationary monetary policy using the “free coinage of silver” as opposed to the deflationary of gold. Its supporters were Silverites, many were in the West where silver was mined. They advocated “free silver” the unlimited coinage of silver at a ratio of 16 to 1 against gold coins. The debate pitted the pro-gold financial establishment of the Northeast, along with railroads, factories and businessmen, who would benefit from disinflation. Resulting from demand pressures on the relatively fixed gold money supply against a backdrop of economic expansion against poor farmers who would benefit from higher prices for their crops resulting from the prospective expansion of the money supply by allowing silver to also circulate as
Carnegie, Andrew. The Gospel of Wealth. 391st ed. Vol. 148. N.p.: North American Review, 1889. Print.
Alva Milton Kerr, St. Joseph Herald, “Trean; or The Mormon’s Daughter,” 11 Feb 1888 (reprinted from New York Times, ©1857), 4.
In November 1932, F.D. Roosevelt won the Presidential election against Herbert Hoover. Roosevelt’s victory was a landslide win with 22,810,000 votes compared to Hoover’s 15,759,000 votes. Franklin Delano Roosevelt was elected at the darkest hour of the Great Depression, promising a new deal for the American people.
(Lewis, 2006) (cite in text) Tar Heel Junior Historian 45, no. 2 (Spring 2006) copyright North Carolina Museum of History.
Friedman, Milton and Jacobson Schwartz, Anna. A Monetary History of the United States, 1867-1960. Princeton, 1963
John J. Pershing was brought forth on 13 Sept. 1860, to the son of a railroad boss in Laclede, Linn County Missouri (Pershing, 2013). He was from a family with Alsatian origins, spelling their name "Pforsching" (Vandiver, 1977). At 17, Pershing would begin educating at an African American school in Laclede, to give the family help with finances that were still reeling from the economic depression of 1873. (Jr., 1990)
Sadly though neither Taft nor Roosevelt would win the election. The split in the party’s vote allowed the Democratic Nominee, Governor Woodrow Wilson of New Jersey, to win by a landslide.
Smith-Baranzini, Marlene, Richard J. Orsi, and James J. Rawls. A Golden State: Mining And Economic Development In Gold Rush California. Berkeley, California: University of California Press, 1999. eBook (EBSCOhost). Web. 26 Mar. 2014.
Colorado also has a rich mining history which began in about 1859 with the discovery of gold and development of new reserves, Colorado’s present day industry is a modern, innovative, safe and environmentally responsible citizen that extracts a wide variety of minerals such as; gold, Marble, and gypsum from the earth, valued at more than $2 billion each year. (Colorado Mining Association, 2007)