Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1875-07-21
have the sanction of the Congress Of

have the sanction of the Congress Of
the United States"
To the end that the ceremonies Of
the celebration might be national in
the broadcst and most practical sense,
Congress did provide, in the law OF
March, 1871, that the management
should be entrusted TO commissioners
from the several States and Territories,
and that this body should have the
right to design and carry out the cere-
monies, the principal feature of which
should be an international Exhibition
of"arts and manufactures, and the pro-
ducts of the soil and the mine y and
also that the ceremonies should "be
conducted under the auspices of the
Government of the United States"
Congress did also, in fhrtherance OF
this object, in June, 1872, create cor
poration known as the Centennial
Board of Finance The object Of this
body was TO raise the capital necessary
to provide for the celebration--for
Congress favored the policy OF trusting
the States and the people with raising
the necessary amount Of capital.
The Centennial Board of Finance
has the ordinary forms Of an American
corporation.
II was authorized TO raise capital to
the extent of ten millions, and give to
each State the right to take its pro rata
share on the basis ofpopulation, which
sum Is almost equal TO twenty-five cents
per capita. The stock is ten dollars
per share, and share holders are owners
in all the buildings, and are entitled to
one vote for each share in the election
of directors, and are exempted from all
liability, except to pay what they sub
scribe.
The Centennial Board is bound to
use all the money il may receive for
the sale OF stock, or by contributions,
il the erection ofbuildings and making
other preparations, and is also required
at the close of the exhibition, 10 con
vert its assets into cash, and, after pay
ing its debts, to divide its remaining
means amongst the stockholders, pro
rata.
Under these laws the practical work
commenced, and in July, 1873, the
proper authorities Of the city of Phila-
delphia, in the presence of vast con-
course Of people, did deliver to the
Centennial Commissioners, a deed, dedi-
eating 450 acres of ground, in Fair
Mount Park, at Philadelphia, for the
uses and purposes of the Centennial
Exhibition. The President of the
United States did, on this occasion, by
proclamation, commend the proposed
celebration to the favor and support Of
the people of the United States, and he
did, also, commend tho international
Exhibition to the favorable considera-
ton of the Governments Of foreign
Nations, TO the end that all might
participate therein.
The President Mt subsequent date,
in pursuance Of law of Congress, did,
in the name of the United States, OK
tend o cordial invitation to the Govern
ments of other Nations to be repre-
sented, and take part in the Interna-
tional Exhibition, TO be held at
Philadelphia, under the auspices of the
Government oi the United states, IN
the year 1870 .,
Incse procecuings, you WIN perceive,
and people of the United States to the
oalahce % ol i,,. tno worlu, 'or 'ne oPpor.unl,
I,cs u anu clVi''tcs ol an in,erna'iohni
i1Anlp'''on anu YOU win asree WIN
me a'so' Una, .ne proviulng Oh wna'
wo nav 'ehuoreu % W iorelgn countries,
On p,oPor Scn'o, nus pecolnc ~ u matter
u 'ru'n p. anu noior anu common prop
o,Y' a',uio oh 'l's pun. wvu,e
s,anp ,,a ., .no 1h"o'''''' ''"'"' WIN '"'o'
0'S M i1P,o"Sn ;Pis:i. s., c...
lnisy .olsn' ~ io'oIgn uo.ernno..' .,i ,.'a.
nave nccePlcu .hc rresiueii, ,, lnvi.a-
.'on, anu "'"ons 'ne., n'o .n. ionow
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