, 1879-04-12
uow It's Residents Have Been At
tected by the Business
depression.
CANA of 1ts Once Wealthy Citizens Who
Havo Been Reduced to Abso-
lutte Poverty.
A Great Change for the Better OF Late---
Tic City and State Now In Ex.
cel1ent Condition.
An Immense Tide Of Immigratiou---Many
Of the Newcomers Intending Por-
mauont Settlement,

AuANAS 00~ssoA&0Afs
sttsa, Correspondence NJ Tn Tribune.
nesyru> Colo, April 7.-Ftve yoars ago tic
c.y of Denver waa experiencing business.
tonrcs.fou That gavo rise to Ber,ous appreher-
stnn n. to her luturn prosperity. Having sud.
,arv 1eyeluped from d mintng-canp, III 1850
and 1860, into q thriving, prosperous, go'hcad
~ c,sv in the years following, and real estate ap.
n,rc,ot,ng With rapidly TINT fafslg took away
,,n hreath from ncw-comcrs Unused to such
.rs,sactIons In section Of tho country where
thcrc gas apparently 80 lttt1o behind the popu-
1o,,s centres to warrant the marvellous fncrcnac
IN values, this city, together With other tnu-
n,c,nalltlea Ia Colorado, finally underwent q
cho,vc, md experienced Il shocl that at the
t,rne onpcascd to be fatal to her existence. IN
tho ycrpacu1ar Of the day,
TIE uorroM DNorPRD OUT,
anil those who, sums five, SIX, or seven years
ogo. wcJe counted tho wealthy citizens, with
orrcs upon ncrcs Of posscesiohs, strctchfnE up
and down tho Flyer Or fur cut upon tho ptntns,
or holding the choicest OF tho business anl resi-
1enep propertY Of the city, are IN tho main, to-
Inv the poorer ctasa; and tho now clement that
ha, come In iinds itsoli tho top wavo ot pros
nenty, It is curious, 10 one who used to live
here ID the days that arc gone, and who knew
these rich men Intimately, to look upon tic
wonderful change tint has been wrought Tho
dcpreeiatiou In values las transformed tho faco
S ,hc business world almost completely hero iu
Denver; unl VIC find to-day scores Of those who
once rcckoned their wealth by hundreds Of
thousands either engaged as clerks to those who
far wars ago wcro themselves In the position
of suborlinates Or to tint new leaven which has
of late come tn from tho Enst to torcctoso those
rropcrtlcs which tho former depressed condition
at business nfEatrs placed within their reach.
Here, for INSTANCE, Is one who was accounted
ONE or THE wHALTuIrsT MEN IN pRyvER.
ne controlled bank, aaa built mansion: ~, le
o"heo "s"spap'., "'!a 80 u.s., .ae.,,, -. po,:
ttcs He loailed money, ahd was eohslaeFea
conscicDcelcss. He raked In his percentages,
md was held 10 be prosperous. But he buttded
, os}oAa ~, ,,o,, ,,n,, o waa u eronna r., J,
Quffcu too 1hueh lA''a' ~ "aS seoopeu ~
by the t!dnl-"aVo OF roVcr8eS Whlch strueR the
country. lie saw bis bank-propcrty, his houses,
1a ne,ysnoner lila lands, 20, ono after tic o.lcr
unt,I IN annliy he was ACCOUNTED DOOR naau, and
u".a npal! ~ We .,t,. t ,,,,,ar a' ~ 49,, ""a
to-day tstn that pccu!1nr position Wneso nc may
be considerable poverty-btracken Individual with
some expectations.
Tngo tho case Of that gentleman who IN the
early day was QUO OF the discovers OF that mag-
n,acent et,ver 1odc IN acorrctown. kro,yn as the
nesh. s''ssa aouv ~ s,, s y ~
Aell'oic' fortula'o III 'uc oa'eo u @"o p'opeA1t
With his paftncr, io aaccecoca IN .
REALIZING SEVERAL HUNDRED ruoUBAHD8
iohard cash. Moving to Denver ho Invested
T. l.r1, o,1 nrtl. n .er,orh ros,dnnco ~,
r. :. 'uus, ""a os ,.,"a.,,e .,,s,, ~
Fourteenth dtrcet.-that 1ashoalaele toorohGn-
fare "hese Dcaver'a millionatrcs reside. Hc
beeamc President Of a bank, md had i1nc horscs,