seth ward

After the Grattan Fight forced Platte River traders to Fort Laramie in 1855, Seth Ward and William Guerrier built a trading post just across the river. Ward became the fort’s sutler in 1857, anchoring one of the corridor’s most successful trading partnerships until 1863.

Grass was free and profits enormous in the cattle business in Wyoming Territory — for a while. The business dates to the 1850s, but the boom came after the Union Pacific Railroad connected Wyoming ranges to eastern markets. For a time it seemed as if every investor got rich. Finally, a weakening market and the overstocked range could not withstand two years of drought followed by a terrible winter. The big boom busted, following an economic pattern repeated many times since in an economy still based heavily on natural resources.