TOD SLOAN 



in Brooklyn, but got into the racing business and 

 eventually gave that up for something more profitable. 

 Mike was the plunger of the two and was known as 

 " Plunger " Dwyer as distinct from his brother who 

 was dubbed " Piker " Dwyer. Mike would readily 

 have 25,000 dollars on a horse while at the same time 

 perhaps Phil was putting 5 dollars on. However, in 

 the end Mike left nothing, while Phil is worth away up 

 into the millions to-day. I rode a great deal for them. 



^^^len the partnership was dissolved they tossed who 

 should have the right of the original colours, red jacket 

 and blue cap; Phil won, and he had the honour of 

 keeping on the jacket and cap in which such great 

 animals as Hanover, Miss Woodford and some of 

 the greatest horses we had in America have raced. 

 Mike adopted all white and was very successful for 

 many years. It was he who induced Phil to come into 

 the racing business when he was about twenty-five 

 years old. This led to the amassing of an enormous 

 fortune, which, however, was not kept by Mike. He 

 was a splendid loser for I can remember when he was 

 in his declining years and declining luck I was riding 

 a mare named Lady Inez. I was in great form, and 

 apparently the mare was too, for they laid 3 to 1 on her. 

 Mike Dwyer had laid 25,000 dollars on her, but soon 

 after the start she broke a blood vessel and of course I 

 had to pull up. I was covered with blood on return- 

 ing, and caught sight of Mike Dwyer sitting quietly as 

 if nothing had happened. In fact one couldn't say 

 from his face whether he had had a bet or not. I 

 went up to him and said, " It's too bad." He replied 

 quietly, " It can't be helped, we must hope for better 

 luck next time." 



That was the spirit he lived and died in. Phil's son 

 died years ago. He was an only child. I believe Mike 



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