Gilpin observer., 1911-03-09

Nj dHl SuuSllST III CdllIOTnla BulCn
Another and a larger smelter was
erected in Denver and the two pro
duced great fortunes for their own.
ers. At the height of his business
activity in 1884 he was elected gov
ernor of the state. His administra-
tion was a benefic ont one and he did
much to make Denver the beautiful
city it is today.
Samuel Elbert lived in Central City
and operated the Gold Dirt mine as
fan back as 1863. He was the second
territorial secretary of Colorado and
later tc1.nc territorial governor.
Under statehood Mr.. Ebert was
twice elected to the supreme court
Of the state. He maGc Up in honors
what he lost in riches.
This completes the list of Gregory
Gulchites who attained great emin
cnco in national and state politics
but the list OF those who succeed
ed in business and achieved fame In
the financial world is much longer
Leading all the rest in this regard
is George NJ. Pullman. He was one
of the early birds" in Gregory gulch
and when he left, after a brief but
busy stay, he had seized upon about
$150,000 worth Of the worm" 1t
was this money that enabled him to
build his sleeping cars and give to
"a world IF Ilv IN, frav al
never even dreamed of before. AS
sociating himself with James E.
Lyon, he first confined himself to
buying gold dust from the miners
the firm later doing a banking bus
mess. Pullman and his associates
naturally drifted into mining and
opened and developed claim No. G
Of the Gregory lode, and took out
much tree milling ore that produced
quick and large profits. When Mr..
Pullman had made enough money to
enable him to float his sleeping car
project he quietly sold his interests
and disappeared, to be heard from
again when his fame as an inventor
had girdled the earth. Through his
long life the guriian spirit he picked
up in Gregory gulch forsook him.
Eben Smiths Midas Touch.
Eben Smith, only recently dead
welded a powerful influence on the
financial affairs of the state and OF
the west. From the very beginning,
when he formed partnership with
Jerome B. Chaffee, everything he
touched turned to gold. He and Chat
fee were the first to make a big sue
cess Of the Bobtail mine Wealth
flowed in faster than he could count
it. When Senator Chaffee died Mr..
Smith formed an alliance with David
H. Moffat. the present financial giant
of Colorado, and the two opened up
many mines in Leadville, Cripple
Creek and other camps. One Of their
properties was the celebrated lbex
group, which includes the fabulously
rich Little Johnnie shaft at Lead.
Vile. He died rich man.
One bank in Denver that has a
reputation for conservatism and
soundness-the Denver National-is
operated almost exclusively by Greg
ory gulch men. Joseph A. Thatcher
the president, has been a banker all
hs life. When he went to Central
City he became manager of Warnar
Hussey & Co., the camps principal
bankers at that time. After seven
years he formed the partnership OF
Thatcher, Standley & Co., and organ.
lied the First National bank of Cen
he established the Denver National
bank. Silver-haired but vigorous. he
may be found at his desk every day
a fine living monument of the rug
gedness and virility of Gregory gulch
Joseph STANDBY, Mr.. Thatcher's
partner in Central City. is with him
in Denver, and is one of the Off
cials of the Denver National. Mr.
Standley owned the California mine
with it's shaft 1900 feet deep. fol
many years the deepest mine in the
United States.
Another unprotected banker who
found good luck in Gregory gulch 1.
Dennis Sullivan, who began as {
miner and has been mining evel
since. When the gulch ceased to OF
fer a field wide enough for his ener
! gies he went to Leadville and clear
, ed up enough money for several for
tunes. He also is director In tn,
Denver National and for time serv
, ed as state treasurer.
. No man in Gregory gulch was es
, teemed more than Andrew N. Rog
, ers, who went there as a mining en-
gineer and afterward became a fam
Gus railroad builder. 1t was he VIII,