The Steep Climb
by Dick Botkin
Title
The Steep Climb
Artist
Dick Botkin
Medium
Photograph
Description
Jerome, Arizona
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Jerome, which was legally separate from United Verde (the mining company) and supported many independent businesses, did not meet the definition of a company town[ even though it depended for decades largely on this one company. In 1914, a separate company, the United Verde Extension Mining Company (UVX), led by James S. Douglas, Jr. (Rawhide Jimmy), discovered a second ore body near Jerome that produced a bonanza. The UVX Mine, also known as the Little Daisy Mine, became spectacularly profitable: during 1916 alone, it produced $10 million worth of copper, silver and gold, of which $7.4 million was profit.This mine eventually produced more than $125 million worth of ore and paid more than $50 million in dividends.
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August 2nd, 2012
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