Have you ever wondered how you would take out money to pay for your taxes in the 1800s? Well it’s your lucky day because that’s what you’re reading about right now! We will talk about who along with all of the criminals and bandits, and we will explain Wells Fargo’s connection to the railroads.
The Men and When
You know that company that you were trying to think of? Well, I got your back because that company is Wells Fargo!!! Wells Fargo was the beginning of banks. Henry Wells and William Fargo were the names of the two brilliant men who created Wells Fargo. On March 18th, 1852, in the Astor house in New York City, the Wells Fargo company was finally founded because of all the gold in California. But it wasn’t until a couple of months later, in July 1852, that the San Francisco office was opened.
The Crimes!!!!
In the spring of 1856 the crime started stacking up. The worst bandits face severe punishment, others were imprisoned.But most of them left far away in fear of punishment.
Connection to the Rails
In 1869, Wells Fargo started to ride the railroads. It later adopted the motto, “Ocean to Ocean” as it describes its connection to more than 2,500 communities in 25 states. Wells Fargo pushed their centers in New York and New Jersey to the “rail hub” in Chicago, along with the farming regions of the Midwest.
Conclusion
Wells Fargo was a success, hence, transporting money to the West is finally possible. It played a major part in Westward Expansion along with many others. There are many Wells Fargo banks all over the world today.