Tommy fought the battle of all true-hearted, courageous Welshmen, but
lost the verdict because of Louis’ superior boxing ability. It was the
kind of fight that American sportsmen had been accustomed to see when
such stalwarts as Jem Driscoll, Freddy Welsh, Jimmy Wilde, and Owen Moran
appeared in this country.
As for Jacobs’ agreement with me, he forgot all about his promise after
he had Farr signed. Not only did I not share in the profits, but I didn’t
even collect what I had spent on trans-Atlantic telephone calls and
cables, and on wires to and from the N.B.A. executives.
* * * * *
In many respects Mike Jacobs had a Jekyl and Hyde personality. He was
cruel, inhuman at times to his help, particularly when things didn’t turn
out the way he had hoped and planned; yet on other occasions, especially
when he entertained at home, he couldn’t do enough to make his guests
comfortable. I found him a complex character, to say the least. Though
he lacked a formal education, he would come up with a knowledge of
affairs that many a college professor might envy. A man of ideas, he knew
publicity, fights, the stage, and people.
If you decided Mike was too ardent in his pursuit of money, you learned
of his many contributions to charity. If you made up your mind that he
was just a tough Broadwayite, a graduate of the streets of New York, you
discovered after a short stay at his magnificent Rumson Estate—one of the
show places of New Jersey—that he loved the country, was proud of his
farming, was wild about flowers, and had furnished his home with the very
best that money could buy.
Jacobs’ delight in horticultural pursuits and the furnishing of his home
provided a striking index to his character. His sumptuous estate was
located at Fair Haven, in the exclusive section of the Rumson colony
of New Jersey. My brother Jack, who at the time was president of the
National Auctioneers Association, had purchased the Shadow Lawn estate of
Mr. Parsons, vice-president of the Woolworth Company.
The contents of this luxurious home were put on public auction, and Mike
and I visited the estate to make some purchases. To my surprise, he
outbid the professionals in buying the cream of its contents, including
a forty-foot-long Persian rug worth $30,000, some huge Grecian statues,
and several oil paintings. Mike asked me to bid with him against the
professionals, and when the bidding was concluded, he had obtained the
beautiful rug for $7,800.
“Know what I’m going to do with this?” he asked me. “I’m going to have
enough cut off this rug to fit my living room, then I’m going to sell the
rest. I’ll get back all I spent here.”
This he did, to the horror of the aesthetes. And when the new deal
was completed, Mike had all he needed of the rug in his living room
cost-free, while selling the remainder of it for $12,500.
The bathrooms of the Shadow Lawn estate had gold fixtures. Mike bought
those to place in his home.
Public-domain text, read in full here on John Shaqi.
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