Was Wells Fargo involved in the Pony Express?
Yes, Wells Fargo played a significant, historic role in the operations of the legendary Pony Express, though contrary to popular myth, the company did not found or operate the entire mail system throughout its brief existence. The Pony Express was originally launched in April 1860 by the freight and express firm Russell, Majors & Waddell. However, as the immense financial costs of maintaining fast riders, thousands of horses, and isolated relay stations across dangerous western terrain drove the founding firm toward imminent bankruptcy, Wells Fargo stepped in to assume control of the western division of the mail route. Following the completion of the First Transcontinental Telegraph line in October 1861, which rendered the high-speed horseback mail system obsolete, Wells Fargo integrated elements of the enterprise into its massive transcontinental stagecoach and express banking operations.
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