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Rags, Riches & Scandal - The Tabor
Triangle
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Horace and Augusta
House in 1955, Photo courtesy
Denver Public Library.
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The
Horace and Augusta
Tabor Home today is open as a museum in
Leadville.
Kathy Weiser, August, 2003.
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However, Augusta was
sure that his good nature, was not only the source of other folks'
high regard for them, but also the means by which they would
eventually become impoverished. Hers was the firm hand on the
Tabor
rudder. Though Horace always had, a tendency to give things away,
Augusta saved and by the late 1870s, just before Tabor "struck it
rich," they had amassed a comfortable net worth of about $40,000--a
not inconsiderable sum in those days. In November 1868, they
settled down again in Oro City, located in the
California
Gulch and re-opened their store, where he was the postmaster.
In July 1877, Horace and Augusta built a house and moved to
Leadville, where they ran a
grocery and supply store. Horace, elected as
Leadville's first mayor, also served as postmaster. In the spring
of 1878 while Tabor was working in the store, two German prospectors
asked if he would grubstake a claim. It was not the first
time that Tabor had grubstaked miners and he provided them with $17.00
in provisions that first day, and additional supplies on two more
occasions for a total of $54.00. For the provisions, the miners
promised Tabor a one-third interest in any ore produced by their
finds. The German prospectors located a claim on Fryer Hill, which
they named the Little Pittsburgh and began to dig a shaft.
On April 15, 1878,
Tabor's
generosity hit pay dirt when the two miners - August Rische and George
Hook, announced to
Tabor that
they had found silver in the Little Pittsburgh Mine. By July,
nearly a hundred tons of ore had been taken from the mine and each of
the three partners had an income of fifty thousand dollars a month. In the fall, Hook sold out to Tabor and Rische for $98,000 and later
Rische sold his interest to Jerome Chaffee and David Moffat for over a
quarter of a million dollars.

The Little Pittsburg Mine in 1882, courtesy
Denver Public Library
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Tabor held on to his share and consolidated his
claim with others partners on Fryer Hill. Horace was quickly
becoming the acknowledged leader of the silver mining community around
Leadville.
The consolidated group shared four million dollars before Horace sold his
interest for one million. Horace went on to own partial stakes in several
other successful mines, including the Chrysolite which he bought with
Marshall Fields of Chicago, the mine yielding 3 million dollars before
Tabor sold his interest for 1 ½ million. In 1879, he purchased the
Matchless Mine for $117,000, the first he owned entirely by himself. For quite some time, there truly was no mine that was its "match" as it
produced up to $2,000 per day in high quality silver ore.
Continuing in his generous spirit,
Tabor provided
Leadville with two newspapers, a
bank and a handsome opera house within the next two years. However,
Augusta was not happy with "striking it rich," and any differences between
the two were exacerbated by the outrageous wealth Horace's mines deposited
in their lives. Though Augusta was no stranger to comfort, she could not
deal with such immense, unlimited resources. Her admonitions to save
and spend carefully now seemed silly to Horace, who could not spend his
money as fast as he accumulated it. After all the years of
hardscrabble and toil, Horace, who was almost 50 years old, wanted to live
it up. However, Augusta took no pleasure in their sudden riches, refusing
to change the way she dressed or her personal behavior.
When Horace built a palatial mansion in Denver, she refused to live
upstairs in the master bedroom, instead preferring the servants quarters
next to the kitchen. She also kept a cow tethered to the front door,
which she insisted on milking herself. Horace, who by then had been made
the Lieutenant Governor of the state, was embarrassed. He wanted to live
in a style befitting his station, but Augusta only scoffed at such
statements.
With all the tension at home,
Tabor's eyes
began to stray. His newfound wealth and power brought him much
attention, and he loved to spend money on beautiful women and lavish them
with gifts. In a chance meeting at the old "Saddle Rock Cafe" in
1880, the "Silver King", for which he was by then known, met the beautiful
Elizabeth McCourt "Baby" Doe, and both of their lives would change
forever.
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The Tabor Mansion in Denver, courtesy Denver Public Library.
Continued Next
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Augusta Tabor, 1870
This image available for photographic
prints
HERE!
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From the Rocky Mountain General Store
Nostalgic
Photograph Prints - From our personal
Photo Print Shop, you'll find a number of nostalgic photo
prints mostly from the early 20th century ranging from gas pumps, to
grocery stores, 1920's flappers, model-T's, children, Christmas and a
whole lot more.
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