Joshua Norton at the Merchants' Exchange
The period between October 1854 and June 1855 has been an underexplored moment in the Joshua Norton story. But, it's a moment that found Joshua at his steeliest.
He had no choice, really. In October 1854, the California Supreme Court ruled against Joshua in his rice appeal. Foreclosures on his real estate interests were immediate. But, he knew that it was only a matter of time before the Court lowered the heaviest boom — which the Court did when, in May 1855, it ordered Joshua to pay the plaintiffs $20,000.
And yet, during this most precarious of 8 months: Joshua Norton attached himself to the most prestigious new business address in the city. And, he found friends to help him stay afloat and, in one case, to take a crack at launching a major civic infrastructure project — not a bridge, but at the time even more necessary — that the state legislature would not catch up to authorizing for another 5 years.
This is not a man who was going down without a fight.
Read on for a deep-dive into a previously unreported key episode that foreshadowed the Survivor-Emperor to come.
Read More