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This Date in Wells Fargo History

April 27, 2017

April 27, 1853. We were satisfied the gold was there in our claim, Charles T. Blake wrote from Michigan Bluff to his parents, and a week ago we got into the lead. It is a steady paying claim now, averaging about $12 a day [2/3 ounce] to the hand. There is as much dirt as we can wash out in two years, with 10 hands; we are working but 5 now. And, of course, Blake was wheeling and dealing with another dozen claims and ditches--but no longer doing the hard, physical work. I concluded to give up mining altogether, he said, and promptly became a Wells Fargo agent.