The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-01-12

IT OVER
WITH JOE WILLIAMS

WUEl w 11l4dul IEduC4o Nd4CJ az
mitted this TO me Thursday, as he
sat in his Office on the twentieth
floor at al Wall street, he left no
further doubt as to the identity Of
Tex Richards successor.
William Francis Carey viii be
the man. From the moment IT
became necessary to consider q
new directing head for Americas
greatest sports arena, Carey has
been the first and foremost choice
of the corporation. The only
question concerned Carey's will
ingness to accept.
n n
WHEN CAREY MOVES INTO THE
GARDEN. PROFESSIONAL SPORTS WILL
HAVE COME UNDER CONTROL OF ONE
OF THE BIGGEST BUSINESS MEN IN
The COUNTRY, A RAILROAD BUILDER.
A WALL STREET OPERATOR. AND A
MAN WHOSE GENIUS IN CONSTITUTE
TON WORK IS INTERNATIONALLY
ESTEEMED IT SEEMS UNNECESSARY TO
!. ADD THAT HE HAS PLENTY OF THOSE
MILLIONS.
T FOUND him a pleasant, frank,
l. straightforward Irishman with no
little reluctance to discuss personal
achievements, but with an amazing
background of what he referred to
as the sport business. He could tell
YOU what fights made money, what
fights lost money, and why.
n Il
Here was a man who helped
build the Panama canal, who fash
iOned railroads from the Allan
tic TO the Pacific, who at the mo-
ment is the employer of 5000 men
in the Andes laying out new
road for the Bolivian government,
and he is talking Of
JACK SHARKEY THE FIGHTER
BABE RUTH THE BALL PLAYER
THE MEN HE LIKES BEST TO SEE IN
ACTION IN A HOCKEY MATCH -.
WHY THE TUNNEY-HEENEY FIGHT
FAILED AT THE BOX OFFICE
WHAT DEMPSEY MAY OR MAY NOT DO.
n n
DY no stretch of the most elastic
II imagination would you COM
pare Carey to the late Richard.
And yet he is probably the best man
the country has to offer as a sue
cessor. A vastly better man than
might have been hoped for, as d
matter of fact.
Carey has in abundance two
things Richard had-courage and
imagination. Naturally he's a
better business man. Richard was
a romanticiSt.
WHY SHOULD A MAN WELL ON HIS
WAY TO GREAT FAME AND FORTUNE
AS A BUILDER OF COLOSSAL RAIL
ROAD UNDERTAKINGS WANT TO
BOTHER HIS HEAD ABOUT SUCH UN-
IMPORTANT THINGS AS PRIZE FIGHTS,
HOCKEY MATCHES AND SIx-DAY BIKE
RACES?
T THINK the answer is to be
Il found in hitherto undisclosed
fact-Ca~ey is the man who made
the decision which led to Wall
street financing the Garden four
years ago when Richard, inspired by
his gaudiest of visions, went angel
shopping amid the spires and towers
of Manhattans gold lands.
Carey will not tell you the story
hut / happen to know the facts.
Dick Hoyt, well known financier,
called him by phone one day and
arranged luncheon appointment.
DO you know Tex Rickard?"
HOyt asked.
Carey did by sight and achieve
ment but had never met him.
"Rickard wants to build new
Madison Square Garden" continued
Hoyt. Il think the town ought to
have one. I wish you would study
the proposition. If you think it's
sound we'll back him; if you don't,
we won't"
UP TO THAT MOMENT CAREY KNEW
NOTHING ABOUT THE FINANCES OF
SPORTS. WHEN HE READ ABOUT
GATES HE VISIONED FENCES. AND
WHEN HE HEARD FIGHTERS TALKING
OF THEIR CUTS" HE SHUDDERED AND
MURMURED POOR FELLOWS
TIE went into the old Garden,
IL scrutinized the wheels that
made it go round. weighed the
monetary yield of their production.
caught the fever of Richards
enthusiasm, did a little daydream
ing of his own and then came back
to Hoyt with this decision: Its
worth any5ody's backing"
Thus, on Carey's word trifling
sum of five million dollars was
advanced to Richard, the sprawl
ling pile of brick and stone was
erected on Eighth Avenue. The
doors were thrown open to an
endless torrent of SpOrt-mad
customers, and a number of digri-
fled Wall Street gentlemen found
themselves in control Of bust
ness destined to gross $9,0O0,0OO
year.
IT WAS A SUCCESS FROM THE START
JEST AS CAREY AND RICHARD SAID
IT WOULD BE RICHARD WAS TIRE
HIFNDOUSLY PROUD OF THE GARDEN,
BUT NOW HE is GONE. CAREY'S
PRIDE WAS ALMOST AS GREAT Be
CAUSE OF THIS he HAS AGREED TO
SIT IN THE DEAD PROMOTERS CHAIR.
TO HIM THIS MEANS MORE THAN