Samuel Newhouse

{{For|the newspaper magnates|Samuel Irving Newhouse (disambiguation)}}

{{Infobox person | name = Samuel Newhouse | image = Samuel Newhouse (born 1853).JPG | caption = Samuel Newhouse | birth_date = {{birth date|1853|10|18}} | birth_place = New York City, U.S. | death_date = {{death date and age|1930|9|22|1853|8|18}} | occupation = Entrepreneur, mining magnate | known_for = Developing Bingham Canyon Mine, founding Newhouse, Utah, and other mining ventures | spouse = Ida Stingly }}

'''Samuel Newhouse''' (October 18, 1853 – September 22, 1930)<ref>{{cite book|url=http://media.americanjewisharchives.org/docs/concise/conciseDictionary.pdf|first1=Jacob Rader |last1=Marcus|first2=Judith M. |last2=Daniels|title=The Concise Dictionary of American Jewish Biography|pages= 464|publisher=Hebrew Union College|date=1993}}</ref> was an American entrepreneur and mining magnate.

==Life and career== Newhouse was born in New York City to European Jewish immigrant parents, and later studied and practiced law in Pennsylvania. He moved to Colorado in 1879. In Leadville, he became involved in the freighting business.<ref name="Utah History Encyclopedia">{{Citation | last = Powell | first = Allan Kent | title = Utah History Encyclopedia | publisher = University of Utah Press | year = 1994 | chapter = NEWHOUSE, SAMUEL | chapter-url = https://www.uen.org/utah_history_encyclopedia/n/NEWHOUSE_SAMUEL.shtml | url = https://www.uen.org/utah_history_encyclopedia/ | archive-url = https://web.archive.org/web/20241007114823/https://www.uen.org/utah_history_encyclopedia/n/NEWHOUSE_SAMUEL.shtml | archive-date = October 7, 2024 | isbn =9780874804256 | access-date = June 7, 2025}}</ref><ref name=Hawley>{{Cite book |author=Charles Caldwell Hawley |title=A Kennecott Story |publisher=The University of Utah Press |year=2014 |pages=93–95}}</ref>

In 1883, he married Ida Stingly, whose mother ran a local boarding house. She was 16 at the time. While they ran a hotel in Leadville, Samuel acquired mining properties in Ouray, Colorado.<ref name=Hawley/> He later sold these for several million dollars and moved to Denver, where he became a speculator and promoter, with extensive contacts back East and in Europe.<ref name="Utah History Encyclopedia"/>

In 1896, he moved to Utah, where partnering with Thomas Weir, he became instrumental in securing English investment in the fledgling copper mining operation in Bingham canyon,<ref name=Hawley/> which later became the great Bingham Canyon Mine. He also developed silver mining in the San Francisco Mountains near Beaver, Utah, investing approximately $2 million to build a mine, mill and develop the town of Newhouse, named after himself.<ref name="Utah History Encyclopedia"/> He was instrumental in driving the Newhouse Tunnel (now called the Argo Tunnel), a major mine drainage tunnel in Idaho Springs, Colorado.

He maintained residences on Long Island and in London, and a chateau in France.<ref name=Hawley/> He preferred living in Salt Lake City, where he developed a large tract of downtown, trying to shift the center of town four blocks south from Temple Square. He built the city's first skyscrapers, the Boston and Newhouse buildings,<ref name="Utah History Encyclopedia"/> both 11 stories tall.

At one time he owned the lot where the future Flatiron Building in New York City would be located. However, "his financial empire crashed in 1916".<ref name=Hawley/>

== References == {{Reflist}}

{{DEFAULTSORT:Newhouse, Samuel}} Category:1853 births Category:1930 deaths Category:19th-century American Jews Category:American businesspeople in the real estate industry Category:Businesspeople from Salt Lake City Category:Jews from Utah Category:American businesspeople in mining Category:People from Beaver County, Utah Category:Businesspeople in copper mining