Story Structure — 4 Plot Phases
Migration and Mining Ventures
Yates moves his family to Colorado, abandons a gold claim, and opens a store. He stakes miners for shares but runs out of money.
Key Events
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Migration to Colorado — Yates moves his family from Kansas to Colorado for gold. Characters: Yates Martin
Location: Colorado Territory
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Abandoning Gold Claim — Yates abandons his initial gold claim based on rumors. Characters: Yates Martin
Location: Colorado Mining District
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Establishing General Store — Yates opens a general store in Leadville per advice. Characters: Yates Martin
Location: Leadville
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Staking Miners — Yates trades store credit for mining partnership shares. Characters: Yates Martin
Location: Leadville
The Silver Strike and Wealth
Prospectors reveal a silver strike, granting Yates a third share. He spends lavishly, buys a dubious claim, and hides its status.
Key Events
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Staking Miners — Yates trades store credit for mining partnership shares. Characters: Yates Martin
Location: Leadville
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Financial Depletion — Store funds deplete, prompting plans to return to Kansas. Characters: Yates Martin
Location: Leadville
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Silver Strike Revelation — Rische and Hook reveal a silver strike, giving Yates a share. Characters: Yates Martin, Rische, Hook
Location: Leadville
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Securing Silver Share — Yates secures his official third stake in the silver claim. Characters: Yates Martin, Rische, Hook
Location: Leadville
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Lavish Spending — Yates squanders wealth on extravagant purchases and investments. Characters: Yates Martin
Location: Colorado
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Expensive Claim Purchase — Yates buys a dubious claim for fifty thousand dollars. Characters: Yates Martin
Location: Colorado
Political Ascent and Scandal
Yates wins the Lieutenant Governor election, then discovers the claim's true value. He funds an opera house, meets Lily Owens, and campaigns for Senate.
Key Events
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Expensive Claim Purchase — Yates buys a dubious claim for fifty thousand dollars. Characters: Yates Martin
Location: Colorado
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Foreman Warning — Yates hides the claim's worthlessness until after the election. Characters: Yates Martin
Location: Colorado
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Election Victory — Yates wins the Lieutenant Governor race successfully. Characters: Yates Martin
Location: Colorado
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Claim True Value — The dubious claim unexpectedly yields a massive silver lode. Characters: Yates Martin
Location: Colorado
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Opera House Construction — Yates finances a luxurious opera house in Denver. Characters: Yates Martin
Location: Denver
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Meeting Lily Owens — Yates begins an affair with Lily Owens during inspections. Characters: Yates Martin
Location: Denver
Economic Collapse and Downfall
Yates marries Lily, but a gold standard policy crashes silver prices. He loses everything, takes a minor job, and dies penniless.
Key Events
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Meeting Lily Owens — Yates begins an affair with Lily Owens during inspections. Characters: Yates Martin
Location: Denver
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Opera House Opening — The opera opening features General Grant as guest of honor. Characters: Yates Martin
Location: Denver
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Senate Campaign — Yates purchases a vacant U.S. Senator seat. Characters: Yates Martin
Location: Washington DC
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Divorce and Remarriage — Yates divorces his wife and marries Lily in Washington. Characters: Yates Martin
Location: Washington DC
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Gold Standard Policy — Gold standard policy causes silver prices to plummet. Characters: Yates Martin
Location: United States
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Total Financial Loss — Yates loses all assets except the unworkable Matchless mine. Characters: Yates Martin
Location: Denver
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Penniless Death — Yates takes a postmaster job but dies in poverty. Characters: Yates Martin
Location: Denver
A farmer strikes it rich out West, then leaves his wife for a young beauty.