Bay Area expenses drive up salaries
This article explains some of the challeges of living in the California Bay Area.
Friday, September 29, 2006
Saturday, September 23, 2006
Claus Spreckels as Publisher
Who knew??
"Whitney owned the paper until 1870, when, financially drained, he sold it to printers James Black and William Auld but remained as editor.
Ten years later, the paper was sold again and Whitney promptly quit. The new owner was the great sugar baron, Claus Spreckels, the man for whom Spreckelsville, Maui, is named. Whitney disagreed with much that Spreckels stood for and Spreckels was a Royalist."
"Whitney owned the paper until 1870, when, financially drained, he sold it to printers James Black and William Auld but remained as editor.
Ten years later, the paper was sold again and Whitney promptly quit. The new owner was the great sugar baron, Claus Spreckels, the man for whom Spreckelsville, Maui, is named. Whitney disagreed with much that Spreckels stood for and Spreckels was a Royalist."
The Honolulu Advertiser | Celebrating 150 Years
The Honolulu Advertiser Celebrating 150 Years: "Claus Spreckels
By Will Hoover
Advertiser Staff Writer
Claus Spreckels was a German financier, San Francisco sugar refiner and late-night card player who hit the financial jackpot in Hawai'i, particularly after he became a poker-playing buddy of King Kalakaua.
Thanks to that association, Spreckels became known as 'the power behind the throne' and 'the sugar king of Hawai'i.'
Spreckels was already financially flush when he showed up in Hawai'i in 1876 at age 48 and began investing in a number of enterprises, from land deals to railroads and sugar mills.
Within two years his efforts had led to the formation of what was considered the finest plantation in the Islands, Hawaiian Commercial & Sugar Co.
By that time he had realized the corruption potential of being a poker chum of Kalakaua's. Spreckels was able to manipulate the king by playing to his vanity. He made a fortune off a coinage fiasco in which silver dollars bearing the king's image were minted in San Francisco.
Under Spreckels' influence, the king dismissed resistant cabinets. The result was that Spreckels ended up controlling tens of thousands of acres of crown land with the backing of the legislature.
Spreckels returned to California in 1886 after he and the king had a falling out. But he continued doing business in Hawai'i for more than a decade after the king's death in 1891."
By Will Hoover
Advertiser Staff Writer
Claus Spreckels was a German financier, San Francisco sugar refiner and late-night card player who hit the financial jackpot in Hawai'i, particularly after he became a poker-playing buddy of King Kalakaua.
Thanks to that association, Spreckels became known as 'the power behind the throne' and 'the sugar king of Hawai'i.'
Spreckels was already financially flush when he showed up in Hawai'i in 1876 at age 48 and began investing in a number of enterprises, from land deals to railroads and sugar mills.
Within two years his efforts had led to the formation of what was considered the finest plantation in the Islands, Hawaiian Commercial & Sugar Co.
By that time he had realized the corruption potential of being a poker chum of Kalakaua's. Spreckels was able to manipulate the king by playing to his vanity. He made a fortune off a coinage fiasco in which silver dollars bearing the king's image were minted in San Francisco.
Under Spreckels' influence, the king dismissed resistant cabinets. The result was that Spreckels ended up controlling tens of thousands of acres of crown land with the backing of the legislature.
Spreckels returned to California in 1886 after he and the king had a falling out. But he continued doing business in Hawai'i for more than a decade after the king's death in 1891."
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