Alexander McDonald | |
---|---|
Born | 1859 Antigonish, Nova Scotia, Canada |
Died | 1909 50) Clear Creek, Yukon, Canada | (aged
Resting place | Dawson City, Yukon, Canada |
Nationality | Canadian |
Occupation(s) | Gold prospector, entrepreneur |
Alexander "Big Alex" McDonald (1859–1909) was a Canadian gold prospector who made (and lost) a fortune in the Klondike Gold Rush, earning himself the title "King of the Klondike".[1][2]
Biography
The son of Scottish immigrants, McDonald was born in Antigonish, Nova Scotia.[3] He was an unsuccessful prospector, having tried his luck in the Colorado gold fields, before heading to the gold rush in Juneau, Alaska, in the late 1880s.[4] In 1895[1] or 1896,[4] he was in the Yukon, employed by the Alaska Commercial Company at Forty-Mile to buy mining properties.[5] Gold was discovered in the region in 1897.
He was nicknamed the "Big Moose from Antigonish", "Big Alex" and "Big Mac".[2][6] He was described by a contemporary as:
... a large brawny, swarthy man, canny and close of mouth, with a curious habit of slowly rubbing his chin whenever a new proposition is presented to him. He makes it a rule to first say "No" to every proposal, however alluring, thus gaining time to think it over.[5]
One of the early arrivals in the Klondike, he purchased either half[1][7] or all[2][4] of Claim 30 on Eldorado Creek from a Russian named Zarnosky or Zarnowsky for a sack of flour and a side of bacon. That claim proved to be one of the richest of the Klondike,[4] yielding $5000 a day.[2] McDonald's slowness of speech hid a shrewdness and business acumen that enabled him to amass a tremendous fortune, somewhere between seven and 27 million dollars.[1] Rather than just work that single piece of land, he leased it to two other miners, who did the actual work for half of the proceeds.[4][8] In the first 45 days, that amounted to $30,000.[8] He then proceeded to buy up other claims, and by the end of the year he had acquired 28.[1] By 1898, he had interests in 75 mines,[1] making him the largest landowner and employer in the area.[4]
That year, when the local Catholic church burned down, he donated $30,000, more than enough to pay for its rebuilding.[1][4] When Father William Judge started building St. Mary's Hospital, McDonald once again made a large donation. In the winter of 1898–1899, he toured Europe,[9] finding time to marry, in London, Margaret Chisholm, the twenty-year-old daughter of the superintendent of the Thames Water Police, and to be received by Pope Leo XIII, who made him a Knight of the Order of St. Gregory in appreciation of his generosity.[4][10]
However, though the gold rush eventually died down, McDonald continued to buy land claims, now mostly worthless, squandering his money. Living alone in a cabin on Clearwater Creek, he died of a heart attack in 1909.[1] His remaining assets of $30,000 did not cover his debts.[1] His widow benefited from a life insurance policy urged upon him by another Klondike tycoon, Belinda Mulrooney.[11]
McDonald's legend was retold in an anonymous poem called "King of the Klondike" (ca. 1910).[6]
His resting place is in the cemetery in Dawson City.[1]
References
- Footnotes
- 1 2 3 4 5 6 7 8 9 10 "Klondike King went from rags to riches, to rags". Yukon News. April 7, 2010. Archived from the original on October 2, 2011. Retrieved July 2, 2011.
- 1 2 3 4 "Sensational Tales of the Klondike Gold Rush: The Gold Digger". Tourism Yukon. Archived from the original on 2011-08-11. Retrieved July 1, 2011.
- ↑ "Scots Canadians Today". Learning and Teaching Scotland. Archived from the original on July 2, 2011. Retrieved July 1, 2011.
- 1 2 3 4 5 6 7 8 "Yukon Nuggets: Big Alex McDonald (King of the Klondike)". The Hougen Group of Companies. Archived from the original on July 12, 2011. Retrieved July 1, 2011.
- 1 2 Adney, Tappan (1900). The Klondike Stampede, New York : Harper. pp. 420–1
- 1 2 Yukon Bill (pseudo.), "King of the Klondike" in Derby Day in the Yukon; and other poems of the "Northland", New York : George H. Doran co., ca. 1910, pg. 67-71
- ↑ Berton, p. 55
- 1 2 Berton, p. 78
- ↑ "The "King of the Klondike": Arrival at Seattle of Alexander McDonald, the Great Claim Owner" (PDF). The New York Times. October 17, 1898.
- ↑ Berton, p. 383
- ↑ Berton, p. 399
- Sources
- Berton, Pierre (2001). Klondike: The Last Great Gold Rush, 1896-1899. Anchor Canada. ISBN 0-385-65844-3.
Further reading
McGill University Library, Rare Books and Special Collections, McDonald Bonanza (Klondike) Ltd. 1898 [RBSC MSG 789] : Includes reports, correspondence, prospectus, and maps of the Alexander McDonald claim in the Klondike.