he needed the biggest acumen of george auster peabody. partner of a firm in new york city the helped develop some of america's leading industries. what george foster peabody brought to the partnership was the ability to find investors and finance the railroad. it was with the denver and rio grande western that they had to retool from narrow gauge to standard gauge that palmer began to see a profit and finally became a millionaire in 1901. until that time, he had been struggling financially. his dreamted to build home am a home he always wanted to build in this canyon north of colorado springs and finally had the finances to do it. remodeled and that's when the stone was brought in and the castle was created. stands.le still it operated by the navigators but it's a beautiful piece of our history and we are all proud it has been preserved. another thing i think is interesting and has left a lasting impact is his concept of open space and parks. during his lifetime and afterwards, he donated over 2000 acres of land to colorado springs for par