Foundation and First Mentions
The history of Helena began on 30 October 1864, when a group of four prospectors, known as the "Four Georgians", discovered gold in a gorge which they named "Last Chance" (Last Chance Gulch). This discovery occurred after the prospectors had almost despaired of finding the precious metal in this region.
Initially, the settlement was named "Crabtown", but the residents soon decided to change it to something more dignified. At a general meeting, the name Helena was chosen, presumably in honour of a town in Minnesota, although there are versions suggesting a connection to the ancient Helen of Troy.
Key Factors of Development
The transformation of the temporary camp into an important administrative centre was driven by a combination of geographical and political reasons:
- Resource Base: Rich deposits of placer gold became the economic engine that attracted thousands of settlers and investors.
- Political Status: Thanks to its central location and economic influence, in 1875 Helena became the capital of the Montana Territory, replacing Virginia City. This status was retained even after Montana became a state in 1889.
- Transport and Trade: The arrival of the Northern Pacific Railroad in 1883 definitively secured the city's role as the main trading hub of the region, connecting it with the east and west of the country.
Early Cultural and Economic Features
By the end of the 19th century, Helena represented a unique economic phenomenon. It is believed that in 1888 the city held the first place in the world for the number of millionaires per capita. This wealth formed a distinct cultural landscape:
- Architectural Heritage: Wealthy residents erected luxurious mansions in the Victorian style, many of which still adorn the city's historic district.
- Developed Infrastructure: Huge revenues from gold mining allowed the city to quickly acquire banks, theatres, libraries, and other attributes of civilised living, which were uncharacteristic for many frontier towns of that time.