The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-06-22

posed would forever be a white elephant
the South Pacific Coast railroad. He took
1t, and began to run it. He doomed it in
every way imaginable, and made the road
| pay. His idea was to get rid of it as soon
as possible, but he could not dispose of it
Immediately. BY persistency and pure
luck he finally managed to sell the road at
| touches anything that does not turn into
gold. Fair became very bitter against
Mackay after he left the bank, and always
| took occasion to say omething against his
former partner. Not many months ago
the bank became anxious to enter
into commercial relations with
business houses generally, and in order to
get its hand in thoroughly it backed Dress
baugh in his great wheat operation. Itwas
an operation to corner the wheat market of
the world. How the corner burst and
came near swamping the bank is well
known. 1t cost Flood cool st, 000, 900 and
Mackay like amount, and strained the
bank somewhat. At this critical juncture
Fair came to the assistance of the bank with
several millions. He was glad to do it be-
cause he desired to get back and establish
himself as the head of great banking con-
Germ. Since his return the members have
not been like affectionate brothers. For
the past six months Flood, 1 hear, has not
spoken to Fair except through a third
party. Vice President Bigelow, it is said,
carries messages from Fairs room to Floods,
and, that is the way business between them
is conducted.
Fair has not forgotten the hand Flood
and Mackay took in preventing his re-
election to the senate, and he waited for
just such an opportunity as the wheat cor
associates The personnel of the bonanza
kings is a study. Fair and Mackay were
miners, roughing it and vainly trying to
strike it heavy. Many stories are told of
the hardships they endured and the terrible
ups and downs they had before they sud
denly found themselves wealthy beyond the
dream of avarice. In one of the mining
towns Mackay met his wife, who kept
miners boarding house. She was a
daughter to support, now the Princess Col
onna. Mackay fell in love with the indus
trious woman and married her. He was
not wealthy at the time of his marriage,
but very soon after he had millions to his
credit. He was a rather genial man, and is
generally well liked. For very wealthy
man he has mady warm friends. Fair is
not so popular and keeps himself shrouded
with an air of mystery. He never COM
municates any of his prospects to soul,
not even his own son. 1t tickles his vanity
to have people speak of him as the bonanza
king When he went upon tour around
the world several years ago it was laugh
able circus to the party with him. He de-
clared that every king and potentate knew
of his approach. In Cairo the khedive, as
is his custom, bowed to Senator Fair and q
companion who passed his palace in an open
carriage. 'Ah, see thatp exclaimed the ex-
senator, did l not tell you he would know
meP His domestic relations have not been
as happy as Mackay's. When he was forced
to retire from the bank many thought he
had but few millions left He is so secretive
the extent of his wealth became a mystery
1t is generally known now, though, that he
is worth over 500, 200, 600 Fairs political
aspirations have been very expensive to him,
so much so, it is said, that he has decided to
let his ambition in that direction alone.
Flood is worth perhaps $4,000 000 He
is well thought of in San Francisco, but is
not as popular as Mackay Years ago
Flood and O'Brlen kept a saloon on Mont
gomery street, in San Francisco, and used
to loan money to Mackay and Fair to dab
BILE in the Comstock lodge They struck it
heavy with the two latter in the bonanza
and gave up saloonkeeping. Flood is a
large man and has many good points 1t is
generally supposed that Mackay has trans
ferred nearly all his interests to the east,
with the exception of that in the Nevada
bank. No one believes he will remain long
in that concern. He rarely ever comes to
California. The report that he has lost
enough to cripple him somewhat is erro-
neous. | know of my own knowledge that
he loaned man dead broke $50, 900 not long
ago and simply took his note. That
does not look like he was crippled"