William Morris Stewart (August 9, 1827 – April 23, 1909), often called the “Silver Senator,” was a prominent American lawyer, politician, and mining investor whose career intertwined deeply with the mining booms of California and Nevada. Known for his aggressive legal tactics, advocacy for free silver and mining rights, and involvement in high-profile (and sometimes controversial) ventures, Stewart amassed significant wealth through prospecting, litigation, and speculation before and during his long political tenure.
Early Life and Arrival in the West
Born in Galen, near Lyons, Wayne County, New York, Stewart was the oldest son of Frederick A. and Miranda Morris Stewart. His family moved to a farm in Trumbull County, Ohio, during his childhood, but he returned to Lyons for high school. In 1848, he entered Yale University but left after three semesters to join the California Gold Rush. Traveling via the Isthmus of Panama, he arrived in San Francisco in spring 1850 and headed to the gold fields near Nevada City, California. There, he prospected successfully, discovering the famed Eureka diggings and profiting enough to sell his interests at a substantial gain. This early success funded his shift from mining to law.
Legal Career and California Mining Ties (1850s)
Stewart studied law under John R. McConnell in Nevada City and was admitted to the bar in 1852. He served as district attorney of Nevada County in 1853 and briefly as acting attorney general of California in 1854. In 1855, he married Annie Elizabeth Foote (daughter of former Mississippi Senator Henry S. Foote) and moved to Downieville, California, in 1856, continuing his legal practice amid the region’s placer and quartz mining operations. His expertise in mining law—gained through litigation over claims, water rights, and ore disputes—laid the foundation for his later prominence.
Move to Nevada and the Comstock Lode (1859–1875)
The 1859 discovery of the Comstock Lode—one of the richest silver deposits in history—in what was then Utah Territory (soon Nevada) drew Stewart to Virginia City in 1860. He became the most prominent lawyer on the Comstock, specializing in mining litigation. He championed the “single ledge” theory (arguing the Comstock was one continuous vein), which influenced massive stakes in control of the lode. Stewart estimated earning $500,000 from four years of such cases, amid litigation costing up to $10 million overall. His aggressive style—sometimes described as not always strictly ethical—earned him a fearsome reputation.
Politically, Stewart helped shape Nevada: he served on the territorial council (1861), attended the 1863 constitutional convention, and became one of Nevada’s first U.S. Senators upon statehood in 1864 (serving until 1875). He drafted key national mining laws (1866 and 1872) formalizing Western practices like claim location and free access to public lands. He also contributed to the Fifteenth Amendment and supported railroad interests.
Investments and Controversies in Mining
Beyond law and politics, Stewart invested directly in mining:
- Comstock Lode: He participated as a capitalist after his legal work, profiting from the silver boom.
- Emma Mine (Utah, 1870s): Stewart promoted this silver mine in Little Cottonwood Canyon to British investors, raising millions. Accusations of fraud arose when the mine proved depleted or overvalued; he and partners sold shares profitably, tarnishing his reputation.
- Panamint City (California, 1873–1877): In late 1872/early 1873, prospectors (including outlaws) discovered rich silver in Surprise Canyon, Panamint Range (near Death Valley), while searching for the legendary Lost Gunsight Mine. Stewart partnered with fellow Nevada Senator John P. Jones (both dubbed “Silver Senators” for their mining ties) to form the Panamint Mining Company (capitalized at $2 million). They invested heavily—over $250,000–$350,000—buying claims (e.g., Wyoming, Wonder, Challenge), arranging amnesty for bandit discoverers (with restitution to Wells Fargo), and promoting the boom. Panamint City swelled to 1,500–2,000 residents with mills and infrastructure, but ore depleted quickly, and a 1876 flash flood devastated the town. The venture collapsed by 1877, adding to Stewart’s controversial legacy.
Stewart’s mining pursuits often blended speculation, promotion, and politics, drawing criticism for prioritizing profit and development over restraint.
Later Career and Legacy
After leaving the Senate in 1875 (due to financial pressures against rival William Sharon), Stewart practiced law in San Francisco and pursued unsuccessful mining schemes. He represented clients in scandals (e.g., William Sharon’s divorce) and briefly joined the Silver Party (1892–1899) to advocate remonetizing silver, editing the Silver Knight newspaper. Rejoining Republicans in 1900, he returned to the Senate (1887–1905), championing Western irrigation, mining safety, and opposing figures like John Wesley Powell on land policy.
In 1905, at nearly 80, Stewart moved to the Bullfrog mining district in southern Nevada, opening a law firm and dabbling in ventures. He died in Washington, D.C., in 1909, leaving a fortune from mining and law (estimated at millions earlier). Inducted into the Hall of Great Westerners (1964), Stewart embodied the rugged, opportunistic spirit of the mining West—shaping laws that enabled its development while embodying its excesses and controversies. His investments in California (early gold fields, Panamint) and Nevada (Comstock, later camps) helped fuel booms that transformed the region, for better and worse.