Saturday, September 16, 2023

Emperor Norton



Joshua Abraham Norton (February 4, 1818 – January 8, 1880), known as Emperor Norton, was a resident of San Francisco, California, who in 1859 proclaimed himself "Norton I., Emperor of the United States". In 1863, after Napoleon III invaded Mexico, he took the secondary title of "Protector of Mexico".

Norton was born in England but spent most of his early life in South Africa. Leaving Cape Town, probably in late 1845, he arrived in Boston, via Liverpool, in March 1846 and San Francisco in late 1849. For the first few years after arriving in San Francisco, Norton made a successful living as a commodities trader and real estate speculator. However, he was financially ruined following a failed bid to corner the rice market during a shortage prompted by a famine in China. He bought a shipload of Peruvian rice at 12 cents per pound (26 ¢/kg), but more Peruvian ships arrived in port, causing the price to drop sharply to three cents per pound (6.6 ¢/kg). He then lost a protracted lawsuit in which he tried to void his rice contract, and his local prominence faded.

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February 31, 1869

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