The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1872-10-24
A WORLDS FAIR IN NEW
om YORK. J4

a company of gentlemen who have
already secured tract of land for
their purpose between Third and
Fourth Avenues. The contract
price Of the land is $1,70O,OOO.
Their capital stock is to be $1,000
900. The plan is thus epitomised
by the Boston Globe.
eve learn from the New York
papers that the long-headed gentle
men who have projected the plan for
this permanent exhibition have So
cured tract of land suitable for
their purpose, consisting of eight
blocks lying between the east side
of Fourth avenue and the West side
OF Third avenue, and the north side
of Ninety-eighth, and the south side
of Observation-Disclosures street.
They have contracted to purchase
the land for the sum of ST., 700, 900,
and have paid $4,000 deposit mon
ey on the transaction. The remain
ing 81, 100000 has to be paid upon
or before the 1st of February next,
otherwise the land will revert to the
original owners. Lexington avenue
and the cross streets are closed by
law as the charter demands, and the
company has full power to build on
them; but they promise to betition
the city of New York to allow them
to open the avenue and streets to
the public, and then to erect their
buildings over them. The capital
stock of the company is to be 81
OOO, 600, and the first mortgage
onds are not to exceed in amount
80 per cent. of the cost of the build
ing, exclusive of the land. The
size of the ground to be covered is
nearly 1000 feet square. 1t Is pro-
posed that the building will be 1875
feet in depth, and running around
he ground, inclosipg court 73O
feet 6 inches by 75l feet six inches.
This would make the main floor of
the exhibition building on a level
with the floor Of the court, and
would give line of stores, 80 feet
in height and 125 in depth, and sur
70 nding the entire building. From
the level Of the court there would be
five stories and a Mansard roof.
The top floor, designed for library
and art gallery, is to be lighted from
the roof and sides. The court is to
be used as a garden of plants and
for special places of amusement; and
over the court, IL the center, will be
erected dome made of iron and
glass. It is intended to make this
dome the largest in the world. 1t
will rest on double row of columns;
will be at the base 450 feet in diam
eter; and will be higher than any
dome In the world, At the top
there will be an observatory, TO be
reached both by stairway and eleva-
tors.
Such, in brief, is the description
of the plan Of those sanguine corpo-
rators, which is soberly published
and commented upon by the New
York press. Further, we are in
formed that, in regard to the exhibit
ton itself, it will partakc Of two
fold character. 1t will be an exhib-
ition Of every variety of industrial
product. merely for inspection, and
also an exhibition of goods and arti-
cles for inspection and sale. 1t viii
not only be an exhibition, but it will
be one vast trade room or bazaar.
There will be in the main building
l,574,400 square feet of space,
which will be rented to exhibitors
who desire to make sales of the
goods they exhibit. Manufacturers,
merchants and producers will be al
lowed to advertise as much as they
like, and as they will replace articles
sold by others, it is anticipated that
there will be constant succession
of novelties to interest visitors.
1t is proposed to give an exhibitor
a space Of l2O feet square-as large
as a good sized Broadway store-fol
an annual rental of $445. This
wiil include all charges of gas, wa
'|' heat, police, janitor, entranc,
&c. 1t is stated that several inAu
entail capitalists are already interest