The conventional “wisdom” is that Joshua Norton arrived in San Francisco in 1849 with a $40,000 bequest from the estate of his father, John Norton, who had died in 1848.

But, if Norton arrived with $40,000, he almost certainly didn’t get it from his father — who had died insolvent and broke.

So, what was the source of Joshua Norton’s original funding — $40,000 or otherwise?

Andrew Smith Hallidie, the “father of the cable car,” knew Joshua Norton as Emperor — and probably before that as well.

In 1888, Hallidie published an article suggesting that Norton had arrived in San Francisco as a “representative and confidant” of English backers.

This is quite different from the account one often hears.