Daily Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1876-1884, 1881-11-13

AJSaohok a oAA w hAS OA1 eAA&@S s@sNNt
"When a man came into the bank
"to do business McLane would sit
ION . chair, listen to him In a va.
"cant manner, a. though he were
"ssying to himself, this man thinks
~ am God," We cannot vouoh
for the correctness Of any detail of
this gossip, but our informant al
legged that the Senator said that,
instead of being God, McLane was
nothing more or less than near
relative of Doestick's friend DAM
phool.
The Nevada Bank, Of late, is fig
uring largely in wheat TRANSACT
tons, making maximum advances
on shipments, at five per cent. per
annum. The Presidency of Mr..
James e. Flood is temporary, and
resorted to only to get rid of Nc
Lane. 1t is understood that very
accomplished, competent and ur-
bane gentleman from New York
will shortly take charge OF the af-
fairs of the bank.
UNEASY LIES THE HEAD THAT
WEARS A FISCAL GROWN.
The gossip which runs current In
San Francisco would not be COM
plete without a mention of the
habitudes Of the bonanza million
aires, and we will dismiss the sub
ject with Senator Fair. The gen.
eral idea is that Fair never goes
anywhere without guard-that
is, q trusty fellow who is prompt
with fist or pistol. I can give the
lie to this myself, because I have
seen Fair walking about as free as
the air of heaven in the Palace no.
tel, in Pine and in other streets.
The Republican papers tried to get
up great hullabaloo about Fair
When he was elected Senator from
Nevada. : They pictured him as a
rough, uucouth Irishman, and
many Jeremiads were uttered over
the degradation of the United
States Senate consequent upon bis
election. The truth Of the matter
lie that Fair Is a very handsome,
active and athletic mana man
who, in every respect, IL a thous.
and-fold advance upon ex-senator
Sharon, whom he succeeded in the
United States Senate. But the
whole story is not told there. In
the early rough and ready days of
California there was not better
man In this State than Jim Fair.
In square knock down and drag
out fight, his superior could not be
found, and to-day he is what would
be known, In prize-fighting circles,
as "good man." He is active and
energetic and endowed with q fine
Irish fighting faculty. Neverthe-
less, in Virginia City, some time
ago, a trough" pulled Jim Fairs
nose. The indignity was endured,
not because Fair, whose pluck Is
undoubted, could not have whip
ped his Antagonist, In good form
and in a brief interval. He dared
not 60 into the fight because
chance knife thrust or pistol shot
would have forever made mani
fold millions useless. AS a matter
of fact, this same Nevada Senator
lie an alert, active and powerful
man who, In his youth must have
been a darling amongst the girls.
A RECENT PUENTE RANCH TRANS
ACTION.
Most Angelef1os will remember a
newspaper announcement which
represented Mr.. E. J. Bald
win as having sold the
Puepte ranch to Col. Charles
Crocker for $4,000. In any less
elastic time than the present such
an announcement would have de-
pressed real estate values in Los
Angeles county. Probably no
man, who knows the value of Los
Angeles real estate, would have
put the Puente ranch at any time
at any less figure than from $780,
600 to $750,00O: With real estate
selling at neighboring points at
two-fold such figure, the people
of Los Angeles county were SIM
ply lost In wonder at such trans
action. In q conversation with
Mr.. Baldwin to-day I have been
placed In possession of facts which
throw new light on this transac-
ton. The Puente ranch has not
been sold. When Gov. Stanford
started on his European trip ne
gotiations were in progress with
Mr.. Baldwin which contemplated
Stanford's purchase of the Puente
ranch for $500, 900. His sudden
call to Europe suspended negotia-
lions. In view of this unexpected
copjuncture, Mr.. Baldwin simply
borrowed $4,000 FROM Col.
Charles Croker, with the ranch as
security, and this transaction has
been represented as a sale. All An
gelefios Will hope, most heartily,
that, on his return, Gov. Stanford
will consummate the purchase,
and that he will transfer his Palo
Alto etud and his personal resi-