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The first such boom, covering the early years of the city, rode on the lumber industry.
(During this period the road now known as Yesler Way won the nickname "Skid Road", supposedly after the timber skidding down the hill to Henry Yesler's sawmill.
A shipbuilding boom in the early part of the 20th century became massive during World War I, making Seattle somewhat of a company town.
The subsequent retrenchment led to the Seattle General Strike of 1919, the first general strike in the country.
The second and most dramatic boom resulted from the Klondike Gold Rush, which ended the depression that had begun with the Panic of 1893. Portland docked with its famed "ton of gold", and Seattle became the main transport and supply point for the miners in Alaska and the Yukon. However, it was Seattle's business of clothing the miners and feeding them salmon that panned out in the long run.
In a short time, Seattle became a major transportation center. Along with Seattle, other cities like Everett, Tacoma, Port Townsend, Bremerton, and Olympia, all in the Puget Sound region, became competitors for exchange, rather than mother lodes for extraction, of precious metals.
Seattle has a history of boom-and-bust cycles, like many other cities near areas of extensive natural and mineral resources.
The stream of new software, biotechnology, and Internet companies led to an economic revival, which increased the city's population by almost 50,000 between 19. From 1918 to 1951, nearly two dozen jazz nightclubs existed along Jackson Street, from the current Chinatown/International District to the Central District.
The boom lasted well into the early part of the 20th century, and funded many new Seattle companies and products. Casey borrowed 0 from a friend and founded the American Messenger Company (later UPS).
Other Seattle companies founded during this period include Nordstrom and Eddie Bauer.
A 1912 city development plan by Virgil Bogue went largely unused.
Seattle was mildly prosperous in the 1920s but was particularly hard hit in the Great Depression, experiencing some of the country's harshest labor strife in that era.