The elephants are not owned by either faire, but by independent vendors. The only money that the elephant owners would receive would be directly from you if you paid to ride them. Same is true for the horse and carriage, pony rides, jousters (who ride horses obviouly), llama and camel rides... all independently owned.
But, they receive the space to peddle their "service" from the Festival and our presence will clearly serve as ratification that we are at least complicit in the situation, and we aren't okay with that.
We understand that others don't see it the same way, as this is our decision (and disappointment) to manage for ourselves.