Victorian San Francisco Stories – Facts 3

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The setting of part of this story is the Palace of Hotel in San Francisco. The original Palace Hotel was built by San Francisco banker and entrepreneur William Chapman Ralston who heavily depended on his shaky banking empire to help finance the $5 million project. Although Ralston’s Bank of California collapsed in late August 1875, and Ralston himself unexpectedly drowned in San Francisco Bay on the same day that he lost control of the institution, it did not interfere with the opening of the Palace Hotel two months later on October 2, 1875. With 755 guest rooms, the original Palace Hotel (also known colloquially as the “Bonanza Inn”) was at the time of its construction the largest hotel in the Western United States.

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One thought on “Victorian San Francisco Stories – Facts 3

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