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Collection : Willard Dickerman Straight and Early U.S.-Korea Diplomatic Relations, Cornell University Library
Title : Winter in the mines. Tabowie camp
Date : ca. 1908
Place : Asia: North Korea; Unsan
Type : Photographs
Description : Americans Leigh S.J. Hunt and J. Sloat Fasset formed Oriental Consolidated Mining Company and bought Korean Mining and Development Company in May 18, 1898. The Oriental Consolidated Mining Company owned 10 gold pits in Unsan, Pyongan-pukto. Tabowie was one of the pits in Unsan Gold Mine. Unsan previously was a small village with only a few households, but it evolved into a very different place through the mining business association with the American entrepreneurs. Between 1903 and 1938 the annual profit from the gold mining reached more than $12,000,000, but the backward Korean Royal government sold the Korean Mining and Development Company for only $100, 000. Had the Korean government not sold the mining owning right for a lump-sum payment, it could have achieved a price as high as $3,000,000. The mining by the Americans continued until they were forced to relinquish operations to the Japanese in 1939. Source: Yi, Pae-yong. Ku Hanmal kwangsan ikwon kwa yolgang, 1984. Chapter 2.
Inscription/Marks : Inscribed in pencil on verso: 'Winter in the mines. Tabowie camp.' Image has been pasted into & removed from an album. Recto has traced of red paper still left on image surface.
Identifier : 1260.63.38.14
Persistent URI: hdl.handle.net/1813.001/5xqj
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16 September 2016
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