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Three things this week.
First: Elizabethtown native Philip Arnold believed in the business axiom: You’ve got to spend money to make money.
So, 140 years ago this month he and cousin John Slack traveled to England to buy $20,000 worth of uncut diamonds and rubies.
During the trip, Arnold went by the name Aundel, and Slack by Burcham. They were, needless to say, up to no good.
After returning to the United States, they salted about an acre of desolate land in northwestern Colorado with the gems, according to Smithsonian magazine.
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