September 15, 2011

Milestones Icon: Chicago-Colorado Colony

William Byers, owner of the Daily Rocky Mountain News, traveled to Illinois in 1870 on a recruiting mission. Byers wanted to repopulate the Colorado Territory after it suffered through the gold and silver bust in the late 1860s.

He pitched the territory’s other virtues: agriculture, new business opportunities, breathtaking scenery and an ideal climate to a group of prominent men in Chicago. Byers’ sales pitch worked; the Chicago-Colorado Colony was quickly founded, funded and a plan for a town was drawn up.

The only thing the Colony was missing was land on which to build its town. The Colony originally was invited…

Sign up for BizWest Daily Alerts
Closing in 8 seconds...