E. J.
"Lucky" Baldwin
Santa Anita Race Track, Baldwin Hills,
Baldwin
Park, Baldwin Lake, Baldwin Avenue -- Elias Jackson Baldwin (1828-1909)
left
his mark on these Southern California landmarks, and much more. One of
the
great characters of Southern California history, he was described by
writer
Arthur M. Ellis in 1933: "'Lucky' Baldwin's reputation must survive for
generations to come as that of one of the greatest pioneers of the
West, the
greatest builders of California, the most spectacular of libertines,
and the most
contradictory of characters in our annals." And Baldwin
certainly earned his nickname "Lucky."
Born in Hamilton,
Ohio in 1828, Elias Jackson Baldwin
started in business
as a grocery store, hotel and saloon owner in Indiana
and Wisconsin.
Always looking for bigger opportunities, in 1853 with his wife and six
year old
daughter, he set out for California
following the route of thousands of others in search of gold.
Ever the
shrewd businessman, however, he waited before rushing across the
continent,
carefully evaluating the news from the far West. And unlike many others
before
him, he saw his fortune in selling food, supplies and accommodations,
not
digging for nuggets.
The wagon train journey from Racine, Wisconsin
to San Francisco
was far from
uneventful. Scouting
on his own, Baldwin got lost and
almost
starved to death before friendly Indians returned him to his
party. Later,
outside the Mormon enclave in Salt Lake,
less friendly
Indians attacked and the party barely escaped with their
lives. Finally,
barefoot and ragged, Baldwin and his family arrived in Hangtown
on the western foothills of the Sierras. But it was San Francisco
and the big time that lured the
newcomer from the east. In a short time he'd set himself up in the
hotel and
livery businesses and was dabbling profitably in the city's volatile
real
estate market.
In 1860, another promise of overnight
millions
ignited the imaginations of speculators around the world: the
discovery of
silver in Nevada, the Comstock Lode. Moving with typical caution,
Baldwin
played the treacherous silver market and developed a knack for
winning. "To
be a success," he wrote, "you've got to keep your eye on two ends --
when to go into a deal and when to go out - and don't waste any time
doing
either."
Most historians agree that the big
break
that made
his fortune, and earned him his nickname, came in 1867. Wealthy
enough to
take a world trip, before leaving he instructed his broker to sell his
stocks
if they fell below a specific price. He then left to hunt
elephants in India. His
trip ended in New York
where he became a vaudeville producer, representing a troop of Japanese
entertainers he'd met in Toyko.
When he finally got back to San Francisco, Baldwin learned that his stock had
fallen below the
figure he specified, but his broker had been unable to sell because Baldwin had taken the key to his safe with him.
But
instead of a financial disaster, it was incredible good
fortune. The value
of his stock had rebounded spectacularly, leaving Baldwin
with a multi-million dollar windfall. This was only the first of
many
stories that are credited as the source for his nickname, but Lucky
Baldwin
always insisted that his money-making ability was the result of shrewd
investment. With his newfound riches he survived stock crashes and
bank
failures, built the Baldwin Theater and Baldwin Hotel ("the finest west
of New York"),
and became an American legend.
With his legend already well
established, Baldwin
moved to Southern California in 1875,
and if anything,
became even more legendary. He was especially eager to acquire the
Rancho
Santa Anita in the San
Gabriel Valley. Its
owner, Harris Newmark, drove
a hard bargain.
In his book Sixty Years in
Southern
California, Newmark writes: ". . . he
offered us one
hundred
and fifty thousand dollars for the property; but learning that we
wanted two
hundred thousand dollars, he started off in a huff. Then Reuben
Lloyd
[his lawyer] said, 'Lucky, go back and buy that ranch, or they'll raise
the
price on you!' and Baldwin returned, carrying under his arm a tin-box
(containing several million dollars) from which he drew forth twelve
thousand
five hundred, tendering the same as first payment."
Baldwin was convinced the rich soil of
the San Gabriel
Valley ranch
land
would be a goldmine
for agriculture. He was right. With the failure of the Temple
and Workman Bank, a local institution in which he'd just invested, Baldwin acquired even more land through
default. His
new ranch was a showplace, featuring a stable of thoroughbred horses,
ultimately including three Kentucky Derby winners.
Throughout his life, Baldwin
was tightfisted with money he owed others, but personally enjoyed
leading a flamboyant
lifestyle, especially when it came to the ladies. As a local
banker once
commented, "With twenty million dollars worth of property, 'Lucky' Baldwin was always broke." Another
contemporary
added, "Baldwin didn't run after
women;
they ran after him."
Already divorced from his first wife
before he
came south, Baldwin acquired a string
of new
spouses, and even more mistresses and lovers. He would be sued by
some and
even shot in the arm by one. When Baldwin
was 56, a jilted 16 year old girl won a $75,000 settlement. There
were so
many women in and out of Baldwin's
elegant
Queen Anne cottage that they were referred to as his "harem." In
regard to his regular appearances in court, one writer commented, "He
was
the only man we every heard of who pleaded in answer to a complaint
filed
against him that his public reputation is such that every woman who
came near
him must have been warned against him in advance."
In the 1880s, as new comers from the
east began
arriving by the trainload, Baldwin
was ready for
them. He subdivided some of his land, creating the towns of Arcadia and Monrovia. Portions
of Baldwin's La Cienega
Rancho became Baldwin Hills. As houses sprouted up around him,
Baldwin
reigned like a local potentate in his Santa Anita home beside Baldwin Lake. Ranch workers, however, many of them
Mexican,
were paid a pittance. To get away, he'd travel to the Hotel
Tallac at Lake
Tahoe,
another of his properties.
In 1894, at 66, Baldwin
was in court again, faced with a paternity suit by a 31 year-old
woman. While
the plaintiff was being cross-examined, the aging roué experienced one
of the
luckiest moments of his life. As he watched the proceedings, an
old woman
moved up behind him, quietly pulled out a revolver, and with shaking
hands,
held it to Baldwin's head. The
gun went
off with a roar. The bullet brushed up wisps of the old man's hair
but missed his head, slamming harmlessly into the courtroom
wall. Baldwin's attacker,
identified as a "religious
fanatic," was prepared to take the law into her own hands as recompense
for his years of decadence.
Lucky Baldwin
had
survived, but fate would provide his final justice. During the
1890s, his
fortunes dwindled. As resilient as always, at age 72, seen in the
company
of more than one beautiful young woman, Baldwin headed to Alaska to
seek
another fortune from yet another gold rush. Here he encountered
another
Western legend, Wyatt Earp, who refused to sell him property in Nome. Baldwin returned to Santa Anita empty
handed.
While his empire continued to crumble
around him, Baldwin kept his hand in
horse racing, played a mean game
of poker and aggressive croquet, and got older. He died on March
1, 1909,
still dreaming of amassing another fortune. It never
happened. Ironically,
his luck survived the grave. Ten years after Baldwin's
death, land he owned that was considered worthless produced the
Montebello Oil
Fields, one of the richest in the West at that time. In the end,
his
estate was valued at $20 million, but Lucky wasn't around to spend it.
(Today Baldwin's home and barn can
be
found on
the grounds of the Los Angeles
Country Arboretum across from Santa Anita Race Track. It is perhaps
most well
known as a location used in the television series Fantasy Island.)
--
Contributed by Jon Wilkman, 1999
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