By the late 1870s the new owners had extracted 25,000 tons of ore with a high silver content. The town of Frisco had sprouted up near the mine, some 17 miles west of Milford. But developing a mine in that remote area, some 175 miles from the nearest railhead, required more financial muscle than was locally available. Enter Jay Cooke, the financial genius who had come up with the idea of ...
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