Introduction
The influx of over 300,000 people into California opened many opportunities in especially the economic sector. The initial news about the discovery of gold at Sutter's Mill in San Francisco appeared in a daily newspaper in March of 1848. the news did not receive much attention at first. However, gradually, the excitement grew among the locals after the newspaper published a picture of a merchant rejoicing at striking gold. As the news of the discovery spread fast across the country, it brought in people by sea and land from both natives and foreigners from Latin America, Europe and as far as ...