Samuel Newhouse
Encyclopedia
Samuel Newhouse was a Utah
entrepreneur and mining magnate.
He was born in New York City
of European Jewish immigrant parents and grew up in Pennsylvania
. He studied law there before going to Colorado
in 1879. In Leadville
, he became involved in the freighting business.
In 1883, he married Ida Stingly, whose mother ran a local boarding house. She was 16 at the time. While they ran a hotel in Leadville, Samuel acquired mining properties in Ouray, Colorado
. He later sold these for several million dollars and moved to Denver, where he became a speculator and promoter, with extensive contacts back East and in Europe.
In 1896, he moved to Utah, where partnering with Thomas Weir, he became instrumental in securing English investment in the fledgling copper mining operation in Bingham canyon, which later became the great Bingham Canyon Mine. He also developed silver mining
in the San Francisco Mountains near Beaver, Utah
, investing approximately $2 million to build a mine, mill and develop the town of Newhouse
, named after himself. He was instrumental in driving the Newhouse Tunnel (now called the Argo Tunnel
), a major mine drainage tunnel in Idaho Springs, Colorado
.
He maintained residences on Long Island and in London and a chateau in France
outside of Paris
, but he preferred living in Salt Lake City, where he developed a large tract of downtown, trying to shift the center of town four blocks south from Temple Square
. He built the city's first skyscrapers (11 stories), the Boston and Newhouse buildings.
Utah
Utah is a state in the Western United States. It was the 45th state to join the Union, on January 4, 1896. Approximately 80% of Utah's 2,763,885 people live along the Wasatch Front, centering on Salt Lake City. This leaves vast expanses of the state nearly uninhabited, making the population the...
entrepreneur and mining magnate.
He was born in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
of European Jewish immigrant parents and grew up in Pennsylvania
Pennsylvania
The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...
. He studied law there before going to Colorado
Colorado
Colorado is a U.S. state that encompasses much of the Rocky Mountains as well as the northeastern portion of the Colorado Plateau and the western edge of the Great Plains...
in 1879. In Leadville
Leadville, Colorado
Leadville is a Statutory City that is the county seat of, and the only municipality in, Lake County, Colorado, United States. Situated at an elevation of , Leadville is the highest incorporated city and the second highest incorporated municipality in the United States...
, he became involved in the freighting business.
In 1883, he married Ida Stingly, whose mother ran a local boarding house. She was 16 at the time. While they ran a hotel in Leadville, Samuel acquired mining properties in Ouray, Colorado
Ouray, Colorado
The historic City of Ouray is a Home Rule Municipality that is the county seat and the most populous city of Ouray County, Colorado, United States. The city population was 813 at the U.S. Census 2000 and 1,000 as of the U.S. Census 2010...
. He later sold these for several million dollars and moved to Denver, where he became a speculator and promoter, with extensive contacts back East and in Europe.
In 1896, he moved to Utah, where partnering with Thomas Weir, he became instrumental in securing English investment in the fledgling copper mining operation in Bingham canyon, which later became the great Bingham Canyon Mine. He also developed silver mining
Silver mining
Silver mining refers to the resource extraction of the precious metal element silver by mining.-History:Silver has been known since ancient times. It is mentioned in the Book of Genesis, and slag heaps found in Asia Minor and on the islands of the Aegean Sea indicate that silver was being separated...
in the San Francisco Mountains near Beaver, Utah
Beaver, Utah
Beaver is a city in Beaver County, Utah, United States. The population was 2,454 at the 2000 census. It is the county seat of Beaver County.Settled by Mormon pioneers in 1856, Beaver was one of a string of Mormon settlements extending the length of Utah...
, investing approximately $2 million to build a mine, mill and develop the town of Newhouse
Newhouse, Utah
-External links:* at GhostTowns.com...
, named after himself. He was instrumental in driving the Newhouse Tunnel (now called the Argo Tunnel
Argo Tunnel
The Argo Tunnel, originally called the Newhouse Tunnel , is a mine drainage and access tunnel with its portal at Idaho Springs, Colorado, USA...
), a major mine drainage tunnel in Idaho Springs, Colorado
Idaho Springs, Colorado
The City of Idaho Springs is a municipality in the U.S. state of Colorado that is the most populous settlement in Clear Creek County, Colorado. Idaho Springs is located in Clear Creek Canyon, in the mountains upstream from Golden, some thirty miles west of Denver...
.
He maintained residences on Long Island and in London and a chateau in France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
outside of Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...
, but he preferred living in Salt Lake City, where he developed a large tract of downtown, trying to shift the center of town four blocks south from Temple Square
Temple Square
Temple Square is a ten acre complex located in the center of Salt Lake City, Utah, owned by The Church of Jesus Christ of Latter-day Saints . In recent years, the usage of the name has gradually changed to include several other church facilities immediately adjacent to Temple Square...
. He built the city's first skyscrapers (11 stories), the Boston and Newhouse buildings.