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The New Year 1900 -
couldn't have looked very exciting to the people of the Silver State. The
country's economic depression had hit Nevada especially hard. The value
of silver, once the state's leading commodity, had declined. Mining overall
had been in a slump for 20 years since the fabulous Comstock Lode had played
out.
Without the financial energy
of mining, Nevada's population dropped by a third; agriculture and commerce
declined; and the dominant railroad interests controlled what little economy
the state could muster. Nevada was faltering, staggering some would say.
But the new century
proved to be a turning point. A central Nevada rancher named Jim Butler
doing a bit of prospecting in a remote pocket of the state found what turned
out to be the next bonanza. The story says he picked up a rock to throw
at his burro and saw that it held promising ore. Whether that's how it really
happened is debatable. That it did happen when the state needed it most
is remarkable.

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