Show A DECLINING KING It is hardly among the probabilities that Jon W MACKAY the many times millionaire mil-lionaire will ever again be a poor man It does not seem among the possibilities that a man with ordinary intelligence and common com-mon business sagacity can get rid of so much money as MACKAY has in cne short life And yet it must be confessed that the mans millions are steadily slipping away from him It cost him heavily a few years ago when he undertook to measure financial ability with JAY GOULD in tele graph matters Just how much he lost by aversizing himself and underestimating GOULD nobody knows but he lost enough to convince him that JAY GOtLD was one of the men with whom it would not do to fooL MACKAY would never say how much he sunk in thebig wheat deal of three years ago but there are those who insist that he dropped a cool S000000 At any rate he let enough ago to shake the very foundation of his big Nevada bank which immense concern was saved only by the timely interposition in-terposition of FAIR who happened to have some millions of loose coin where he could put his hand on it The bank was struck inch a severe blow that it has never recovered re-covered its former standing and now It has been sold to other parties MACKAY retaining only a nominal interest It is given out that the reason for selling was that the bonanza king did not want to longer charge himself him-self with the management of the bank desiring de-siring to devote his attention to other of his affairs Inasmuch as the Nevada bank was one of the very best bits of property owned by MACKAY the reason for selling gill not go down with financial men The latter will insist that the sale was not voluntary vol-untary The cable the other morning brought the news that MACKAY had been nonsuited in an attempt to collect 250000 loaned to a French Blood a few years 1 I ago Of course this sum wasnt muck ton I to-n man with millions but it was a quarter of a million and following so many bigger losses will count It is also another straw telling that the wind is blowing blow-ing against Mr MACKAY 4 Thereare not many people we take it i who would rejoice over the financial wreck y of Mr Joint W MACKAY and yet would 11 J j not his collapse be in strict harmony with the rule Very lawmen have been able to hold onto and successfully manage suddenly acquired fortunes There is a large element of COAL OIL JOHNNY in most members of the human family and in others there is alack a-lack of capacity to take care of wealth which goes beyond a certain sum |