1. What did John W. Mackay and George Hearst have in common?

2. How did the speculators price land during the gold rush? At what price was the Ophir quoted?

3. There were many drawbacks to industrial mining. Name one.

Question 1

What did John W. Mackay and George Hearst have in common?

John W. Mackay and George Hearst had similarity in their interests in owning mines. John W. Mackay an Irish for example trecked 250 from San Francisco to Virginia miles on hearing the Comstock. On the other hand, George Hearst became among the first people who came to Comstock in 1859 and bought a gold mine for 3,000 U. S. dollars and within two months he had mined over two tonnes of gold.

Question 2

How did the speculators' price land during the gold rush? At what price was the Ophir quoted?

On May 22nd, 1851 the government declared gold discovery where prospectors, clerks, and servants failed to go to work. They rushed to the west to the newly named fields known as "Ophir" after a city in the bile that was rich in gold. Besides, speculators sold the land to settlers at inflated prices by improving these lands and paying lower tax assessments. They bought large tracks of land at reasonable prices and resold at high prices.

At what price was the Ophir quoted?

Ophir during the gold rush offered mining licenses which allowed diggers 3.6 square meters of land on the gold fields. The licenses were priced at one pound each month or eight pounds every year.

Question 3

There were many drawbacks to industrial mining. Name one.

The major drawback during the industrial mining operations was on the environment. The removal of large tracks of topsoil destroyed habitats, while the chemicals used in mining leached the groundwater.