I do not mention such minor millionaires as the Rothschilds, the Vanderbilts, the Dukes of Northumberland, or the Stewarts, nor the directors of the powerful bank of California, and other opulent personages of the old and new worlds whom William W. Kolderup would have been able to comfortably pension. He could, without inconvenience, have given away a million just as you and I might give away a shilling.
It was in developing the early placer-mining enterprises in California that our worthy speculator had laid the solid foundations of his incalculable fortune. He was the principal associate of Captain Sutter, the Swiss, in the localities, where, in 1848, the first traces were discovered. Since then, luck and shrewdness combined had helped him on, and he had interested himself in all the great enterprises of both worlds. He threw himself boldly into commercial and industrial speculations. His inexhaustible funds were the life of hundreds of factories, his ships w