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Jesse Knight
Jesse Knight (6 September 1845 — 14 March 1921) was an American mining magnate, one of relatively few Latter-day Saints in 19th century Western America to find major success in the field. After the death of his father Newel Knight, Jesse's family was poor throughout his youth. As a young man, he worked as a prospector and discovered the Humbug Mine in the Tintic Mining District near Eureka, Utah in 1896. As the Humbug proved profitable, he acquired other mines in the vicinity, including the Uncle Sam, Beck Tunnel, Iron Blossom, and Colorado mines. After making his fortune, Knight went on to found the Latter Day Saint settlement of Raymond, Alberta, Canada. In 1964, he was inducted into the Hall of Great Westerners of the National Cowboy & Western Heritage Museum. Biography Knight was born in Nauvoo, Illinois to Newel and Lydia Knight, two prominent members of the Church of Jesus Christ of Latter-day Saints (LDS Church). When Jesse was one-year-old, his family was forced ...
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Nauvoo, Illinois
Nauvoo ( ; from the ) is a small city in Hancock County, Illinois, United States, on the Mississippi River near Fort Madison, Iowa. The population of Nauvoo was 950 at the 2020 census. Nauvoo attracts visitors for its historic importance and its religious significance to members of several groups: The Church of Jesus Christ of Latter-day Saints; the Community of Christ, formerly the Reorganized Church of Jesus Christ of Latter Day Saints (RLDS); other groups stemming from the Latter Day Saint movement; and the Icarians. The city and its immediate surrounding area are listed on the National Register of Historic Places as the Nauvoo Historic District. History The area of Nauvoo was first called Quashquema, named in honor of the Native American chief who headed a Sauk and Fox settlement numbering nearly 500 lodges. By 1827, white settlers had built cabins in the area. By 1829 this area of Hancock County had grown sufficiently so that a post office was needed and in 1832 the t ...
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Illinois
Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolitan areas include, Peoria metropolitan area, Illinois, Peoria and Rockford metropolitan area, Illinois, Rockford, as well Springfield, Illinois, Springfield, its capital. Of the fifty U.S. states, Illinois has the List of U.S. states and territories by GDP, fifth-largest gross domestic product (GDP), the List of U.S. states and territories by population, sixth-largest population, and the List of U.S. states and territories by area, 25th-largest land area. Illinois has a highly diverse Economy of Illinois, economy, with the global city of Chicago in the northeast, major industrial and agricultural productivity, agricultural hubs in the north and center, and natural resources such as coal, timber, and petroleum in the south. Owing to its centr ...
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Knightsville, Utah
Knightsville (also known as Knightville) is a ghost town located in the East Tintic Mountains on the northern slope of Godiva Mountain, approximately east of Eureka, in the northeastern corner of Juab County in central Utah, United States. A silver mining camp, Knightsville was established and operated as a company town by local mining entrepreneur Jesse Knight. The town was inhabited from 1896 until approximately 1940. History Jesse Knight came to the Tintic Mining District in 1896, with little money and no previous mining knowledge or experience. Against the advice of experienced geologists, he sank a mine shaft that quickly reached a rich body of ore. In response to those who had doubted, he named it the ''Humbug Mine''. Opening about a half dozen mines in the east Tintic area, Knight became one of the region's richest mine owners. His membership in the Church of Jesus Christ of Latter-day Saints was conspicuous in an industry dominated by non-Mormons, and his successes brou ...
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Company Town
A company town is a place where practically all stores and housing are owned by the one company that is also the main employer. Company towns are often planned with a suite of amenities such as stores, houses of worship, schools, markets and recreation facilities. They are usually bigger than a model village ("model" in the sense of an ideal to be emulated). Some company towns have had high ideals, but many have been regarded as controlling and/or exploitative. Others developed more or less in unplanned fashion, such as Summit Hill, Pennsylvania, United States, one of the oldest, which began as a Lehigh Coal & Navigation Company mining camp and mine site nine miles (14.5 km) from the nearest outside road. Overview Traditional settings for company towns were where extractive industries – coal, metal mines, lumber – had established a monopoly franchise. Dam sites and war-industry camps founded other company towns. Since company stores often had a monopoly in company t ...
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Stock Manipulation
In economics and finance, market manipulation is a type of market abuse where there is a deliberate attempt to interfere with the free and fair operation of the market; the most blatant of cases involve creating false or misleading appearances with respect to the price of, or market for, a product, security or commodity. Market manipulation is prohibited in most countries, in particular, it is prohibited in the United States under Section 9(a)(2) of the Securities Exchange Act of 1934, in the European Union under Article 12 of the ''Market Abuse Regulation'', in Australia under Section 1041A of the Corporations Act 2001, and in Israel under Section 54(a) of the securities act of 1968. In the US, market manipulation is also prohibited for wholesale electricity markets under Section 222 of the Federal Power Act and wholesale natural gas markets under Section 4A of the Natural Gas Act. The US Securities Exchange Act defines market manipulation as "transactions which create an art ...
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Intermountain West
The Intermountain West, or Intermountain Region, is a geographic and geological region of the Western United States. It is located between the front ranges of the Rocky Mountains on the east and the Cascade Range and Sierra Nevada on the west. Topography The Intermountain West has a basin and range and plateau topography. Some of the region's rivers reach the Pacific Ocean, such as the Columbia River and Colorado River. Other regional rivers and streams are in endorheic basins and cannot reach the sea, such as the Walker River and Owens River. These flow into brackish or seasonally dry lakes or desert sinks. Portions of this region include: * Basin and Range Province * Colorado Plateau * Great Basin * Intermontane Plateaus Climate The climate of the Intermountain Region is affected by location and elevation. The sub-regions are in rain shadows from the Cascade or Sierra Nevada ranges that block precipitation from Pacific storms. The winter weather depends on latitude. In t ...
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Patent
A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling disclosure of the invention."A patent is not the grant of a right to make or use or sell. It does not, directly or indirectly, imply any such right. It grants only the right to exclude others. The supposition that a right to make is created by the patent grant is obviously inconsistent with the established distinctions between generic and specific patents, and with the well-known fact that a very considerable portion of the patents granted are in a field covered by a former relatively generic or basic patent, are tributary to such earlier patent, and cannot be practiced unless by license thereunder." – ''Herman v. Youngstown Car Mfg. Co.'', 191 F. 579, 584–85, 112 CCA 185 (6th Cir. 1911) In most countries, patent rights fall under private law and the patent holder mus ...
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Gilded Age
In United States history, the Gilded Age was an era extending roughly from 1877 to 1900, which was sandwiched between the Reconstruction era and the Progressive Era. It was a time of rapid economic growth, especially in the Northern and Western United States. As American wages grew much higher than those in Europe, especially for skilled workers, and industrialization demanded an ever-increasing unskilled labor force, the period saw an influx of millions of European immigrants. The rapid expansion of industrialization led to real wage growth of 60% between 1860 and 1890, and spread across the ever-increasing labor force. The average annual wage per industrial worker (including men, women, and children) rose from $380 in 1880, to $564 in 1890, a gain of 48%. Conversely, the Gilded Age was also an era of abject poverty and inequality, as millions of immigrants—many from impoverished regions—poured into the United States, and the high concentration of wealth became more vi ...
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Robber Baron (industrialist)
Robber baron is a derogatory term of social criticism originally applied to certain wealthy and powerful 19th-century American businessmen. The term appeared as early as the August 1870 issue of ''The Atlantic Monthly'' magazine. By the late 19th century, the term was typically applied to businessmen who purportedly used exploitative practices to amass their wealth. These practices included exerting control over natural resources, influencing high levels of government, paying subsistence wages, squashing competition by acquiring their competitors to create monopolies and raise prices, and schemes to sell stock at inflated prices to unsuspecting investors. The term combines the sense of criminal ("robber") and illegitimate aristocracy (a baron is an illegitimate role in a republic).Worth Robert Miller, ''Populist cartoons: an illustrated history of the third-party movement in the 1890s '' (2011) p. 13 Usage The term robber baron derives from the ''Raubritter'' (''robber knights'') ...
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Salt Lake Valley
Salt Lake Valley is a valley in Salt Lake County in the north-central portion of the U.S. state of Utah. It contains Salt Lake City and many of its suburbs, notably Murray, Sandy, South Jordan, West Jordan, and West Valley City; its total population is 1,029,655 as of 2010. Brigham Young said, "this is the right place," when he and his fellow Mormon settlers moved into Utah after being driven out of several states.Utah Pioneers (Salt Lake City, 1880), p. 23, quoted in Leland H. Creer, The Founding of an Empire (Salt Lake City, 1947), p. 302, n. 913. Cited by Poll R. Dealing with Dissonance: Myths, Documents and Faith. Sunstone, 1988 p. 17, available online asunstonemagazine.com/ref> Geography The Valley is surrounded in every direction except the northwest by steep mountains that at some points rise from the valley floor's base elevation. It lies nearly encircled by the Wasatch Mountains on the east, the Oquirrh Mountains on the west, Traverse Ridge to the south and the Grea ...
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Mormon Trail
The Mormon Trail is the long route from Illinois to Utah that members of the Church of Jesus Christ of Latter-day Saints traveled for 3 months. Today, the Mormon Trail is a part of the United States National Trails System, known as the Mormon Pioneer National Historic Trail. The Mormon Trail extends from Nauvoo, Illinois, which was the principal settlement of the Latter Day Saints from 1839 to 1846, to Salt Lake City, Utah, which was settled by Brigham Young and his followers beginning in 1847. From Council Bluffs, Iowa to Fort Bridger in Wyoming, the trail follows much the same route as the Oregon Trail and the California Trail; these trails are collectively known as the Emigrant Trail. The Mormon pioneer run began in 1846, when Young and his followers were driven from Nauvoo. After leaving, they aimed to establish a new home for the church in the Great Basin and crossed Iowa. Along their way, some were assigned to establish settlements and to plant and harvest crops for lat ...
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Nebraska
Nebraska () is a state in the Midwestern region of the United States. It is bordered by South Dakota to the north; Iowa to the east and Missouri to the southeast, both across the Missouri River; Kansas to the south; Colorado to the southwest; and Wyoming to the west. It is the only triply landlocked U.S. state. Indigenous peoples, including Omaha, Missouria, Ponca, Pawnee, Otoe, and various branches of the Lakota ( Sioux) tribes, lived in the region for thousands of years before European exploration. The state is crossed by many historic trails, including that of the Lewis and Clark Expedition. Nebraska's area is just over with a population of over 1.9 million. Its capital is Lincoln, and its largest city is Omaha, which is on the Missouri River. Nebraska was admitted into the United States in 1867, two years after the end of the American Civil War. The Nebraska Legislature is unlike any other American legislature in that it is unicameral, and its members are elected ...
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