You are here

Whatever happened to the ‘ton of gold’ ship that started the Klondike Gold Rush?

Section: Daily Dispatches

By David Reamer
Anchorage (Alaska) Daily News
Sunday, May 9, 2021

A cheering throng of thousands met the SS Portland as it pulled up to Seattle’s Schwabacher Dock on July 17, 1897. The spectators chanted, over and over, to see the gold.

The perhaps slightly bewildered but good-humored miners on board the steamer waved in return.

Today, a plaque at the Seattle Waterfront Park notes the location of the festivities.

... Dispatch continues below ... 


ADVERTISEMENT

USA Gold: Coins and Bullion Since 1973

USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.

Please call 1-800-869-5115x100 and ask for the trading desk, or visit:

http://www.USAGold.com

USAGold: Great prices, quick delivery -- all the time.


The Seattle Post-Intelligencer ran an extra edition that day with the details. The newspaper declared, “This morning the steamship Portland, from St. Michaels for Seattle, passed up Sound with more than a ton of solid gold on board.” Of the 68 passengers, “hardly a man has less than $7,000 and one or two have more than $100,000 in yellow nuggets.”

While the fevered coverage did its part to sell newspapers, the Post-Intelligencer undersold the cargo. Once weighed, there were two tons of the precious metal. Still, the Portland was thereafter known as the “ton of gold” ship. And the quicksilver genius of that simple phrase helped sell a nation on the idea that gold fever might indeed be a rational, practical path to a fortune.

The gold in question came from the Klondike region of the Yukon in northwestern Canada, and the famous Klondike Gold Rush followed in the wake of the Portland’s celebrity. But what happened to the ship that started it all? ...

... For the remainder of the report:

https://www.adn.com/alaska-life/2021/05/09/whatever-happened-to-the-ton-...

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
2 Poydras St., New Orleans, Louisiana
Tuesday-Friday, October 19-22, 2021

https://neworleansconference.com

* * * 

Toast to a free gold market
with great GATA-label wine

Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.

Here's what the bottles look like:

http://www.gata.org/files/GATA-4-wine-bottles.jpg

Buyers can compose their case by choosing as many as four varietals from the list here:

http://www.gata.org/files/FayJWineryVarietals.jpg

GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?

To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --

https://tinyurl.com/3xt6uw66

-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16