The stories falsely portrayed all the men getting rich with gold and this fueled much of the Rush of the late 1890s. The truth was that very few found any gold, that even fewer found gold in any quantity to get rich. Most prospectors didn,t find enough gold to pay their expenses and many died trying to get over the passes and across the glaciers. Entering Canada, the RCMP insisted that anyone proceeding further had to carry a years supply of food, clothing and provisions. Some could not afford it and had to turn back.
The real "gold" was made by the entrepreneurs who sold to the prospectors, the outfitters, the saloons, and the brothels. Thus, the area was thought of as being a den of liars and was dubbed Liarsville, which it stands to this day.