Cambridge Encyclopedia :: Cambridge Encyclopedia Vol. 48
 

Marcus Daly - Early life, Career, Thoroughbred horse racing, Legacy

Miner and businessman, born in Ireland. He went to the USA in 1856, and became a mining prospector, working the silver and copper mines in Anaconda, MT. He became a multimillionaire and was active in Montana Democratic politics.

Portions of the summary below have been contributed by Wikipedia.
Marcus Daly
Marcus Daly
Born December 5, 1841
Derrylea, Ireland
Died November 12, 1900
New York City, USA

Marcus Daly (December 5, 1841–November 12, 1900), was an Irish-born American businessman known as one of the three "Copper Kings" of Butte, Montana, USA.

Early life

Daly emigrated from Ireland to the United States at the age of fifteen, arriving in New York City.

Career

Daly founded his fortune on the Anaconda Mine in Butte, Montana, which he bought with money from various backers, including George Hearst (father of William Randolph Hearst) in 1880. Daly was active in Montana politics throughout the 1890s and also founded the town of Anaconda, Montana, near his smelter.

Thoroughbred horse racing

Marcus Daly invested some of his money in horse breeding at his Bitter Root Stock Farm located near Hamilton, Montana, and in 1891 became the owner of Tammany, said to be one of the world's fastest racehorses.

Legacy

Daly's legacy was a mixed one for Anaconda, Montana.

Daly's legacy was equally mixed for Butte, Montana.

A statue of Daly stands at the main entrance to Montana Tech of the University of Montana (formerly the Montana School of Mines) at the west end of Park Street in Butte.

Marcus Daly's summer home and stock farm, Riverside, is located in Hamilton, Montana and is open to visitors.

The Marcus Daly Memorial Hospital, located in Hamilton, Montana, was incorporated on December 18, 1929.

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