"Davidson investigated but never carried out two other lofty mountain projects. He abandoned the notion of a ski resort on Mt. Equinox after candid consultations with Fred Pabst of the Wisconsin beer-brewing family. In the early 1930s Pabst had started his own ski area in the Taconic range, a few miles north of equinox in east Dorset, but found the snowfall there insufficient; he then met with far more success at the higher, south facing Big Bromley in Peru, in the Green Mountains. Davidson also considered a cable-driven railroad between his mountaintop and the Southern Vermont Art Center. A funicular rail ride to the summit from the art center, the former Gertrude Devine Webster estate on an eastern flank of Equinox near Manchester, could have been a grand tourist attraction. But its cost would have been prohibitive in relation to revenues gained during the brief warm-weather Season. In any case, Davidson always "thought big" about his mountain."
http://www.equinoxmountain.com/earlytimes_davidson_phd.php