“O.K., Mike,” I replied. “But what about my Adam Hats commissions? You
can’t back away from that.”
But he did. He had no scruples and was out to save what he owed me in an
honorable business deal.
“There’s nothing due you on the Adam Hats contract,” he snapped. “I could
have gotten that without your help.”
I was flabbergasted. Runyon was present and I asked him if he thought the
deal I was getting was fair.
“Certainly not,” he answered. “You are entitled to every penny due on
that contract.”
Damon fought my case but without success. So did the other two
partners—Bill Farnsworth, sports editor of the New York _Journal_, and Ed
Frayne, sports editor of the New York _American_—but Mike had his way and
I left in a huff.
Mike and I were not on speaking terms for many months, but I wouldn’t
sue because I had been his friend for three decades. On one occasion he
encountered me in Childs Restaurant near the Hippodrome and sat down at
my table.
“Nat, you and I have been friends for many years,” he said. “Why not
continue?”
He held out his hand to bind our reconciliation, then took ten one
hundred dollar bills and placed them before me on the table.
“Take these and let’s call it quits. There’s no reason for us being
enemies,” he remarked.
“I don’t want your money, Mike. You went back on our agreement.” I shoved
the bills toward him. “You probably need that money more than I do,” I
said quietly as I left the table.
I took our break as one of those things that happen now and then between
friends and decided to forget it and start anew. Although there was
plenty of good in the make-up of this world-famous promoter, there was
much that could be held against him. He wasn’t what I would call a man
of honor. On the other hand, in all my business dealings with Rickard, I
never once knew him to renege on a promise, though he did cross me on the
Garden building proposition.
Despite his shortcomings, I liked Jacobs, I got a thrill out of his
promotions and enjoyed his company on the many trips I took with him,
strange as that may seem in light of our unhappy business relationship.
Between what he owed me on the Adam Hats contract, and what was due me
on the agreement we made on the Farr-Louis match, I figured Uncle Mike
reneged on close to $30,000.
* * * * *
The story of how Tommy Farr got a chance at the heavyweight championship
is the perfect example of the science of manipulation expertly applied.
Mike’s shrewd chessboard play enabled him to outguess and outsmart his
rivals by such a wide margin that, in the parlance of the sports world,
it was “no contest.” What he did was well within the law, although his
maneuvering did bring about court action. The results, however, were in
Jacobs’ favor.
Public-domain text, read in full here on John Shaqi.
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