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Home > HistoryPod > 17th September 1859: Joshua Norton declares himself Norton I, Emperor of the United States
Podcast: HistoryPod
Episode:

17th September 1859: Joshua Norton declares himself Norton I, Emperor of the United States
Category: Society & Culture
Duration: 00:02:53
Publish Date: 2017-09-16 21:05:56
Description: Norton had moved to San Francisco from South Africa sometime around the end of 1849 and, within three years, had amassed a significant fortune as a result of shrewd real estate investments and various commodities deals. A famine in China, leading to a ban of rice exports at the end of 1852, led to Norton’s purchase of an entire shipment of Peruvian rice. The cost of rice rose as a result of the lack of Chinese imports, and he hoped to benefit from this. However, numerous other rice shipments from Peru arrived shortly after he signed the contract and the ...
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