New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-11-13
HE INDUSTRIAL EXHIBITION.
ARGrs.Evrs or BOTH SIDES REVIEWED.


The Special Committee appointed by the
Board 81 Assistant Aldermen hosr remarks in favor
OF opposition the proposed loan of s25ooOo to
the Industrial Exhibition Company continued their
session yesterday and on the previous day large
number Of persons present I'll OF whom seemed to
be in favor Of the scheme
1t urged by speaker that although thousands
and millions dollars had been expended at Vienna the
Exhibition dead failure and that the organization
OF permanent Exhibition was one Of the widest
schemes started the city. The erection
OF Crystal Palace would probably cause tho
ruin OF all tho other institutions. Again, tho
Centennial Exhibition TO be held at Philadelphia
In 1876 the one to which all citizens OF America
should give their support. Some thought New-fork
ought to have been the place for 1t. but historically
Philadelphia the place. To-day the city owes. after
deducting Sinking Fund and the assessment bonds
no less than which Is equivalent to 10 per
cent on the whole taxable property OF the city and
County Of New-York. There is Central Park. for in
stance without wall and with not single gate. The
museum. botanical gardens, hothouses. arc all yet TO
be built. Then there are Riverside and Morningsde
Parks the Museum OF Natural History, and the annexa
ton OF towns IN Westcheser will make 1t neces-
sary miles OF streets and avenues opened
Then there the contemplated improvements on tho
Harlem River the bulkbead line. the stone piers and
docks, the courthouse city prison. aud other
places all OF which needed and ordered TO be done
by law He thought that these Improvements would
cost at least OO making the city debt over $780,
OCO The Intended loan was a scheme to carry
private enterprise Ia which no merchant would invest
his capital.
and if he had anything further to say regarding his
statement made Tuesday. Mr. Strahan replied, mo;
but is oil true" Mr.. Barnett then said that as di.
rector OF the Company and AZ one knowing the FACTS OF
the he must say THAI the statements made py MI.
strahan In the main Incorrect and that the Com
pany cOuld begin work soon as the money was iur
nlshed and further. the Company had already PAID
OF the purchase money He read extracts from
tho Mayors communication TO the Board OF Aldermen
and said the statements false and the Mayor had
night to charge the directors OF the Company WITH
Mr. Stahan replied that in placing the facts as ne had
done before the Committee the Mayor only wished 10
discharge his honest duty % the people. there was
any question: the Mayor demanded strict inyestiga-
ton where the official papers could be produced ana
witnesses examined. lie had said nothing that could
Theodore L. romlinson made address in behalf Of
the Company Mr. Dodge thought that the ste o ne
Eugene Beebe. real estate dealer. Thought that the
land was worth 1900 per lot or even more. James
Boyd resident Of Harlem. spoke III favor vi the
project. -,..-. -. -,
the views Of the wOrkngmen on the subject He sara
mass meeting would be held at Taminany Hal on SAT
urday evening. when the subject would DO olscusseu,
and committee appointed to attend the next session
OF the Aldermanic Committee. The Chairman replied
that they would be pleased to receive the workihgneh
next Tuesday. ~,
Mayor Hayemeyer said yesterday that the Company
had brought forward his letter accepting the position OF
director on Nov a. 1874 lie sad IN nn VI The
favored the scheme. and ne accepted ,ne postum VI
director, thinking that the Exhbl,ion Dudiog w0a oe
large loan from the city he Thought the WhOie mater
swndle and he would endeayor TO save the CITY
money at all hazards He states that nc has proofs
that the work cannot be begun for year. ana tnt tue
sum required for the land is much too large lie wlu
evidence will soon be given which will satisfy all that
the scheme is not genuine one