Chapter

Laying the Foundation

David Igler

in Industrial Cowboys

Published by University of California Press

Published in print September 2001 | ISBN: 9780520226586
Published online March 2012 | e-ISBN: 9780520938939 | DOI: http://dx.doi.org/10.1525/california/9780520226586.003.0003
Laying the Foundation

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This chapter begins by explaining how Charles Lux was introduced to San Francisco city's elite network during a real estate deal. It then notes that building upon the initial land purchases of Lux, Miller and Lux's rapid expansion during the late 1850s and the 1860s intersected with two crucial developments in the Far West. The chapter illuminates that San Francisco offered an attractive package of goods to the resourceful and well-connected entrepreneur: venture capital, natural resources, steady population growth, skilled labor, and until the completion of the transcontinental railroad in 1869, a two-thousand-mile buffer against eastern markets. It explains that Miller and Lux developed a highly strategic sense of landownership, nurtured a diverse team of agents, and connected urban markets with rural production. The chapter highlights that the first stage in their evolution from storefront butchers to industrial cowboys therefore involved a systematic approach to city markets and western lands.

Keywords: Charles Lux; San Francisco; real estate; Miller and Lux; Far West; urban markets; rural production

Chapter.  9928 words.  Illustrated.

Subjects: History of the Americas

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