Behold our astonishment when three months later we learned through a news
item delivered to the papers by Ike Dorgan, Rickard’s publicist, that
Tex, with Colonel Hammond, had organized a Wall Street Company for the
purchase of the Fiftieth Street car barns, and that a huge arena, a new
Madison Square Garden, would be built there, featuring an ice plant for
hockey and ice reviews! When I heard that Colonel Hammond was associated
with Rickard and would be in charge of the hockey and ice department, in
addition to being the representative of the Wall Street group that would
back the project, I was furious.
Scanlon and I went to Rickard and accused him to his face of
double-crossing us. Scanlon told Tex that we were the originators of the
new Garden arena plans and that he had stolen our idea, based on the blue
prints submitted to him. We demanded that we be taken into the project
and threatened to bring suit if we were not, but Rickard laughed us off.
Well, within a year, the new Garden was built. Mike Jacobs, who later
succeeded Rickard as the country’s foremost promoter and to whom Dinty
and I had also broached the subject, was thoroughly conversant with the
details and asked us not to bring suit as we had contemplated. Mike had
become one of Rickard’s financial advisers. He found that Tex required
more money than his backers were willing to put up, and it was through
his efforts that additional funds were obtained to assure the completion
of the structure.
Despite Mike’s pressures, Scanlon was still bitter about Rickard’s
maneuver, and had not George Backer died shortly after Tex’s
announcement, Tex would have had a half million dollar suit on his hands.
The only change made in the plans Tex finally used was the elimination of
the motion picture theatre and the erection of stores, instead.
Thus the new Garden came into being through the foresight of a great
lover of ice sports, Dinty Scanlon, whose eagerness to find a place in
New York where his champion Bobby McLean could exhibit his skill, was
responsible for the design as he and I worked it out.
Although the idea and the original plans were ours, credit for the final
erection of the Garden belongs to Mike Jacobs. It was he who persuaded
Judge Mayer to get the bondholders to sell the car barns at Fiftieth
Street for $2,500,000 and it was he who urged Rickard not to accept the
Eighty-sixth Street or Thirty-fourth Street sites, which Judge Mayer was
more anxious to dispose of and which Tex was willing to take in order to
avoid the Scanlon suit.
I recall being present at a meeting when Rickard told Mike that the Wall
Street combine to which he had appealed was favorably impressed with the
Thirty-fourth Street and Madison Avenue site because of its nearness to
the old Garden.
Public-domain text, read in full here on John Shaqi.
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