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James G. Fair

From Alfawiki
James Graham Fair
BornTemplate:Birth date
Clogher, County Tyrone, Ireland
DiedDecember 28, 1894(1894-12-28) (aged 63)
San Francisco, California, U.S.
Occupation(s)Mining engineer, entrepreneur, railroad executive, politician
Years active1850–1894
Known forSilver king of the Comstock Lode, U.S. Senator from Nevada

James Graham Fair (December 3, 1831 – December 28, 1894) was an Irish-born immigrant who rose to prominence as a mining engineer and entrepreneur. His ventures in Nevada's silver mining industry earned him millionaire status and recognition as one of the famed "silver kings" associated with the Comstock Lode. Beyond mining, Fair diversified his interests into California's real estate and railroad sectors. In 1881, he secured a seat as a U.S. Senator representing Nevada. Distinct from many influential robber barons who were predominantly Protestant, Fair remained a Roman Catholic despite an Anglican background.

Early life

Originating from a modest Irish household in Clogher, County Tyrone, James Fair emigrated to the United States with his father in 1843 and spent his formative years on a farm in Illinois. After acquiring a strong foundation in business, he relocated to California in 1850, where he focused on extracting gold from quartz rather than placer deposits. Later, he shifted his attention to Nevada, managing a stamp mill along the Carson River and serving as superintendent at various mining operations within the Comstock Lode region. By 1867, he was appointed superintendent of the Hale and Norcross Mine located in Virginia City, Nevada.

Fair joined forces with fellow Irishmen John William Mackay and San Francisco saloon proprietors James C. Flood and William S. O'Brien. Their partnership, officially named Flood and O'Brien but widely known as the "Bonanza Firm," accumulated substantial wealth through holdings in silver mines on the Comstock Lode—the first significant silver mining district in the United States. Over twenty years, the Comstock Lode produced more than $100 million in silver. Their most notable achievement occurred in 1873 when their Consolidated Virginia mine revealed the "big bonanza" ore deposit.

Utilizing his profits, Fair invested heavily in railroad ventures and real estate, eventually amassing a fortune estimated at $50 million. Renowned for his expertise as a mine superintendent and sharp business acumen, he earned the moniker "Slippery Jim." Together with Mackay, Fair controlled the Nevada Bank of San Francisco, which emerged as a principal competitor to William Chapman Ralston's Bank of California; following Ralston's downfall, the Nevada Bank briefly became the largest bank in America during the height of the silver boom.

South Pacific Coast Railroad

In 1876, Fair co-established the South Pacific Coast Railroad, a narrow-gauge line stretching from near Newark along the eastern shore of San Francisco Bay through San Jose and Los Gatos, traversing the Santa Cruz Mountains via several tunnels totaling more than 11,000 feet in length. The construction workforce included roughly six hundred Chinese laborers and experienced thirty-one fatalities primarily caused by underground natural gas explosions. The railroad expanded by acquiring the Santa Cruz & Felton Railroad at its southern terminus in Felton, completing the mountainous route by May 1880.

The South Pacific Coast Railroad rapidly became profitable under Fair’s guidance. He sought to grow further by purchasing street railway assets from the Oakland Railroad Company, but strong community resistance to steam-powered trains operating on city streets thwarted these efforts and ended his plans for Oakland rail expansion. In 1886, Southern Pacific Railroad acquired the SPC for six million dollars ($ adjusted). Southern Pacific upgraded the line to standard gauge up to San Jose and maintained operations until 1940 when service through the mountainous section was discontinued.

Political career

In 1881, Fair secured a seat in the U.S. Senate through election by the Nevada legislature. During his term, he concentrated on advocating for silver-related matters at a time when efforts to demonetize silver were intensifying. After completing one term, he relocated back to San Francisco in 1887.

Personal life

Fair entered into marriage with Theresa Rooney, who managed a boarding house, in 1861. Their union ended in divorce in 1883, with Rooney accusing him of "habitual adultery." She subsequently raised their four children and received a significant financial settlement.

In 1890, his oldest daughter, "Tessie", wed Hermann Oelrichs of the Norddeutsche Lloyd shipping company in what was regarded as San Francisco’s most extravagant wedding. Although not invited, Fair stayed in his hotel suite during the event and presented Tessie with a gift of one million dollars.

His testament created a trust fund valued at $40 million for his two daughters—Mrs. Hermann Oelrichs and Virginia Fair Vanderbilt, who was married to William Kissam Vanderbilt II—and his son Charles Lewis Fair, who was disinherited and later died in an automobile accident in 1902.

After Fair’s passing, Mrs. Nettie Cravens asserted she was his spouse but was unsuccessful in court. She eventually faded into obscurity and spent her last years in a mental health facility. Furthermore, women's rights activist Phoebe Couzins claimed to have had a personal connection with Fair.

Death and legacy

Fair passed away in 1894 in San Francisco and was originally interred at Laurel Hill Cemetery. Following the cemetery’s closure, his remains were transferred to Holy Cross Cemetery located in Colma, California.

The Fairmont San Francisco hotel was commissioned by his daughters Theresa and Virginia as a tribute to their father. Construction commenced in 1902; however, they divested their interests shortly before the 1906 San Francisco earthquake struck.

Fair’s legacy persists locally through the naming of Fair Avenue found both in Santa Cruz, California and the Bernal Heights area of San Francisco.

See also

Further reading

  • Tales of Love and Hate in Old San Francisco, Millie Robbins. San Francisco: Chronicle Books, 1971.
  • Rosecliff, J. Walton Ferguson. Newport: The Preservation Society of Newport County, 1977. Rosecliff was constructed for Fair's daughter, Mrs. Oelrichs.

External links