DailyTimeCapsule brief
May 14, 1933
On May 14, 1933, a significant gold rush was triggered in Colorado, following a discovery made by an African American miner who found pay dirt in a gulch, leading to the rapid establishment of a tent city to accommodate prospectors. This event not only reignited interest in the mining industry during the Great Depression but also highlighted the persistent allure of opportunity in America. Meanwhile, the federal government voted to allocate $100,880 for relief efforts in Colorado as part of a broader response to economic hardships, with the Reconstruction Finance Corporation (R.F.C.) extending loans to five other states. Across the globe, nations were grappling with the impact of the economic downturn, influencing political and social dynamics worldwide.
Key developments
-
On May 14, 1933, prospector R. Hoard discovered pay dirt in a gulch near Canon City, Colorado, sparking a gold rush. This led to the rapid establishment of a tent city as miners flocked to the area seeking fortune. The influx of prospectors included a wave of automobiles arriving to join the gold-seeking frenzy.
Wikimedia Current Events -
In 1933, H.L. Gates released his novel 'The Mystery of the Seven Bad Men', published by The Macaulay Company. This captivating tale explores the lives of seven notorious characters, each with dark secrets and complex motivations. The novel offers a reflection on morality and justice during a tumultuous era in American history.
Wikimedia Current Events -
On May 14, 1933, the U.S. government approved a relief fund totaling $100,880 for Colorado to aid in recovery efforts during the Great Depression. This funding was part of a broader initiative by the Reconstruction Finance Corporation (R.F.C.) to assist struggling states. In addition, the R.F.C. authorized a separate loan of $13,080 for Colorado's use.
Wikimedia Current Events