To understand the excitement it caused, you must understand the value of that much money at the time.In eighteen ninety-seven, a man with a good job working in New York City was paid about ten dollars each week. To earn the one hundred thirty thousand dollars that Clarence Berry took off the ship, that man would have had to work for two hundred fifty years!
People all over the world became excited about the possibility of finding gold. Newspaper stories said it was easy to find the gold. It was just lying on the ground. All you had to do was go to Alaska, and then to the Klondike area of the Yukon Territory of Canada and collect your gold.
The possibility of finding gold caused thousands of people to make plans to travel to Alaska and then to the Klondike area of the Yukon. American and Canadian experts say between twenty and thirty thousand people may have traveled to the gold fields.
These people were called "stampeders." The word "stampede" means a mass movement of frightened animals. In eighteen ninety-seven, the word came to mean the huge groups of people running or stampeding to Alaska and the Klondike.
The people wanted a chance to become rich. The United States was suffering a great economic depression. It had begun in the southern United States as early as eighteen ninety.
By eighteen ninety-seven, thousands of people were out of work. Men who had no jobs decided to use all the money they had left to go to Alaska. Many believed that it would be worth taking a chance to become extremely rich.
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