University of Nevada - Artemisia Yearbook (Reno, NV)

 - Class of 1920

Page 13 of 308

 

University of Nevada - Artemisia Yearbook (Reno, NV) online yearbook collection, 1920 Edition, Page 13
Page 13



Text from page 13:


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isIS^s u I ' I be through virgin ground. This was done and the " big bonanza " was struck. In 1867 Mr. Mackay married Marie Louise Bryant, who was a widow and the daughter of Colonel Daniel E. Hungerford, a Mexican war veteran. From Virginia City they moved to San Francisco, in 1874, but Mr. Mackay spent most of his time in Virginia City, looking after his interests. In 1867 Mr. Mackay took his family to live in Paris and London, but he him- self, was constantly returning to Virginia City and New York City, to at- tend to his many interests, those in New York being cable and telegraph interests. Mrs. Mackay ' s daughter by her first marriage became Princess di Stigliano Colonna. Mr. and Mrs. Mackay had two sons, John William and Clarence Hungerford. John William was thrown from a horse and killed on October 18th, 1895. Clarence Mackay is successfully carrying on the interests inherited from his father. John W. Mackay ' s vast accumulations did not make him forget his old friends. He remained the same true man, humble and charitable in spirit, giving great sums to the needy, but he did not give for notoriety and osten- tation. After the Virginia City fire Mr. Mackay gave $150,000 to the destitute. For years he met all the expenses of the Sisters ' Orphan Hos- pital at Virginia City, which amount to about $5,000 per month. His greatest thought was to spend money in such a way that it would give the most employment. The biggest pleasure he got in life was working out big things. In 1884 he found the Western Union Telegraph Company, a strongly entrenched monopoly, without any opposition. Here Mr. Mackay saw that there was a vast piece of work to be done and he undertook it. In 1864 he laid two submarine cables across the Atlantic ocean from America to Europe through the Commercial Cable Company which he had organ- ized in 1883. The " cable combine " made war on him immediately. Cable rates were reduced to a ruinous basis. This war lasted one year and a half, but at the close of it Mr. Mackay came out the dictator of peace. In 1886 he organized the Post-Telegraph-Cable Company and began building land telegraph lines throughout the United States. At the time of his sud- den death in London in 1902 he was contemplating finishing his big Postal- Telegraph-Commercial Cable plans by laying a cable from San Francisco to Honolulu, Manila, China and Japan. This plan has been carried out by his son, Clarence H. Mackay. In Sam P. Davis ' History of Nevada we find it written that Mr. Mac- kay was an intense American, though born in Ireland, an industrial king by ■iKP :jj^ ^ ' i^r^

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