The following outline of events in the rise and fall of gold mining in southwestern
Oregon is here recorded - almost as an obituary - so that Oregonians may not entirely forget how important this industry was in building up this part of the state.
The price of gold has risen from $60.35 per ounce in mid-November, 1972, to $91.25 per ounce in mid-April, 1973. The present high price has caused considerable speculation as to the underlying reasons for the sudden increase and what effect it may have on the international monetary situation. This precious...