Eleven years ago Walter Paul Paepcke, millionaire president of Container Corp. of America, motored into the broad valley of Roaring Fork River in Colorado and determined to resurrect the sagging silver-mining town of Aspen. Paepcke built Aspen into a center of muscle and mind, with one of the world's longest ski lifts (14,000 ft.) and summer conferences featuring greats of philosophy, education and musiC−Albert Schweitzer, Reinhold Niebuhr, Jacques Barzun, Mortimer Adler, Igor Stravinsky, et al. This week, with the tax evaluation of Aspen increased sixteenfold, Paepcke, 60, prepared to open a new...
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