History As Birthday Gift

| No Comments

While many people love history, no one likes a forced lesson. But I have to push one on you today—it was on this day in 1852 that Wells, Fargo and Company opened for business in San Francisco, California.

Henry Wells and William G. Fargo were express titans in New York. The express business was concerned Henry Wellswith getting things from place to place as quickly as possible. Their reputations William G. Fargoas expressmen were made by keeping oysters fresh on the journey across New York State, a major accomplishment in the 1840s. Wells and Fargo wanted a piece of the Gold Rush Click here to learn about third-party website links action: there was no better way to get gold from the mines to the mint than by express. It was a great business idea.

They opened 104 years ago on Montgomery Street, about 6 feet away from where Wells Fargo Bank has its world HQ today. Within a few weeks, the second office opened in Portland, Oregon and then in Sacramento, California. In 1858, the Company helped organize the nation's first transcontinental stagecoach line, traveling from Missouri to LA in a mere three weeks. Stagecoach lore began, and it continued well American Iconinto the next century. It continues today: the Stagecoach appears every year in hundreds of events, large and small, all over the place.

The Company has prospered over the years by embracing new technology and methods—blogging, for instance. It all began on July 13, 1852, about 50 feet from where I sit.

Cool.

Leave a comment

Please Note

By posting content on this Blog, you expressly grant Wells Fargo (and its affiliates) the right to use or distribute the posted content in any form, worldwide, and in perpetuity. You also agree to indemnify and hold Wells Fargo harmless against all liabilities, losses, claims and expenses arising from your posting of materials on this Blog (this includes any claim that Wells Fargo's use of the content or images infringes on someone else's intellectual property rights). Comments published on this Blog do not necessarily reflect the views of nor are they endorsed by Wells Fargo. We reserve the right not to publish comments that violate our Community Guidelines. NOTE: If you'd like a response to your comment, please use this form.

 
 

About This Blog

Our great history allows our archivists and historians to provide a rich online experience that bridges events in the past with an outlook on the future.
Read more...

External Link IconWhat is this?

Ask the Expert

Got a question on your mind? Ask one of our experts! Submit your question by email using the button below--we'll try our best to answer it.

Ask the expert

Archives