Foundation and First Mentions
The place was named by the Spanish explorer Salvador Fidalgo in 1790 in honour of the naval minister Antonio Valdés. However, the actual history of the city began more than a century later, during the Gold Rush of 1897–1898.
Valdez emerged as a spontaneous tent camp for thousands of gold seekers who chose the so-called "All-American Route" to the Klondike gold fields and the interior regions of Alaska. Despite the path across the glacier proving to be extremely dangerous and difficult, the flow of people turned the temporary stopover into a permanent settlement.
Key Factors of Development
The transformation of Valdez from a transit camp into an important city was driven by a unique combination of geographical and logistical factors:
- Ice-Free Port: Valdez is located in a deep-water fjord and is the northernmost ice-free port in North America, allowing it to receive vessels all year round.
- Gateway to Interior Alaska: The city became the starting point for the construction of a road to Eagle, and later to Fairbanks. This route, known today as the Richardson Highway, became the first major road connecting the coast with the centre of the peninsula.
- Strategic Communication: In the early 20th century, an underwater telegraph cable was laid here, and Fort Liscum was established, strengthening the city's status as an administrative and communications centre.
Early Cultural and Economic Features
In the first decades of its existence, Valdez developed as a classic frontier town, whose economy depended entirely on transport and trade.
- Logistics Hub: Unlike cities that lived exclusively on resource extraction, Valdez prospered by supplying expeditions and transporting cargo deep into the continent.
- Competitive Struggle: In the early 1900s, the city rivalled neighbouring Cordova for the right to become the terminus of the railway to the Kennecott copper mines. Although the railway went to competitors, Valdez retained leadership in road transport.