Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1872-06-26
THE EXPOSITION.
Meeting of the BOARD I,ast N,ebt,

Meeting of the Board Last Night.
The Board of Managers of the Nashville
Industrial Exposition met in room No.
OF the Maxwell House. The committees
not being prepared to give in their respec-
tive reports, the Board after discussing
what measures were best to be adopted for
perpetuating this enterprise, adjourned to
meet at the same pace this evening.
Mr.. Kean, with that characteristic gener-
osity which has given him a most enviabla
name among his friends and acquaintance,
whose names are legion, invited the Board
to retire from labor to refreshments, which
were, in the language of an absent mem
Der, keerly enjoyed.
So far as the future of the Nashville In
dustrial Exposition is concerned, we have
to say few words. In yesterdays UNION
AND AMERICAN it was shown that
the $4,000 deficit resulted from the erectiod
Of new buildings, costing near $4,000, ann
had this not been unavoidable, the net profits
would have been $4,000, more than one
half of the total expenditures, $4,000.
The question now before our people is,
shall the present buildings, worth actually
over 81 600, with their fixtures and con-
tents, be sold and never again be used for
an Exposition? Is it true that Nashville
cannot raise 5000 to pay for an EXPOSE
ton building? fso, let the fame of its past
record be bloLted from sight, since its very
splendid achievement would be mockeIy
Of our metropolitan character and hyper
bOle upon our efforts TO secure the name of
an influential and commercial or manUfac-
turing city, By resolution of the Board
it is incumbent on them to sell these build
ings, and from the proceeds thereby obtain
ed, make up this deficit of $4,000. Shall the
buildings be sold? While this resolution
could be rescinded and the buildings allow
ed to remain, provided it be the wish of the
three societies out of which the Board is
cOnstituted-which societies must in this
event make provision for the production of
this amount, the members of the Board
have obligated payment of money to the
banks advancing money, its Finance Com
mittee giving their pledge (not as indiVidu-
als) that the amounts advanced should Oe
returned, first, 'by sale of the building, if
necessary, and in other events by pro rata
reduction on the subscription notes, the full
value of which TO the makers is secured as
to the deficit by proceeds arising from the
said sale Of buildings. This committee
have given their pledge for the proper
application Of the funds placed in
their hands and the Board, if not by
virtue of its own resolution, does through
a sense of justice TO the subscribers,
feel obligated to make up the deficit. There |
is no doubt but what the Board can dispose |
of the buildings to company of individuals |
or an individual, for sum sufficient to |
cover the amount and have a charity fund |
left. But should said purchaser endc;avor & |
future Exposition, it will be failure as de- |
plOraDle as the two former have been bril- |
liantly magnificent. Why? Because their
object being personal aggrandizement, will
fail TO attract a genuine attendance and |
create that interest necessary for desirable |
success. This should be the case, for when |
private interest usurps the field of public, !
no longer can golden harvest be reaped |
To succeed, the trhOIe country must be re-
presented; to be represented the objects
must be commensurate Herewith and the |
advantages prjceIeSsly co-extensive. This
subject needs no elucidatiOn; It's clear to
all. The Mechanics and Manufacturers
Association are requested therefore to meet
n room No. ) of the Maxwell House, this |
afternoon at o'clock. va {