Before there was the Great Depression of the 1930s, there was the 1893 Depression. The recovery from the latter was a slow process. Take for instance, the NCO Railroad remained stalled at Amedee for most of the 1890s. It was not until 1899 that the railroad finally began to extend its line northward to the Madeline Plains.
The utopian community of Standish floundered since its beginning in 1897. While company officials stated their goal was to take a slow course, that proved disastrous. In 1901, Associated Colonies the organizers/promoters of Standish went bankrupt.
On the surface in 1900-1901it looked like was Susanville booming. Four major brick buildings were constructed, but that was partially in response to recovery of a major fire in June 1900 that took a huge chunk of the town’s business district.
One area that looked promising were the proposed railroads. There was the Marysville- Susanville Railway, the Oregon Short Line to name two. While the so-called paper railroads never materialized, they did have surveyors in region, thus adding to speculations.
Tim