The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-02-24
wOKLD's FAIR pRosproVS.
General Grant Presides at tho Meet
ing of the Commission and Says
He. IL Assured of success.
N Y World.

| D sullivan, KOsewell u. KQiaton, William
H. Sterling, j. Il. Rutier, John A. Harden.
bergb, Douglas Taylor, Peter Bowe, Patrick
O'Relly Calvert Vaux, w. A. Wheelocl5,
Q. N. Bliss, Charles II. Baldwin, Charlie.
Schlesingtr, Edward n. Dickerson, j. Trum.
bull Smith, james Talcott. Rufus Hatch, G
A Crawford, Samuel B. Parsons, John
h. Voorbies Leighton Williams and f. Page
Davis MIR. Rol;tou, chairman of tho finance
committee, reported that as all the subscrip-
| ton books had not been handed in, it would
be impossible for him 10 state the amount of
subscriptions TO date. The report was &C
copied. Secretary MeElrsth reported that
he had received Information that bill was
now before the Delaware legislature asking
an appropriation for the fair; that in Con-
neeticut bill bad been offered appropriat-
ing $50, 1000; that communication from
the governor of North Carolina is now be-
fore the legislature of that state asking
that proper action be taken, and that
a letter from Pennsylvania sisted that ia
consequences of the fight over the United
States senatorship the interests of the fair
could not be presented Just nov. DR.. Now.
man called for report from the committeeon
legislation. Mr.. Algernon S. Sullivan re-
sponded by saying that he hei just returned
from Washington, wh,re he he'd asked of
congress substantially the same general
action as WAS taken in the case of the cen,
tenuial, with such notifications as expert
encs had shown to be necessary. He had
presented the drafts Of two bills; first, bill
authorizing the president OF the United
States, in the name Of the United States, after
proper provisions had been mGde, 20 invite
foreign governments to participate in
the exhibition and send representatives
thereto; second, bill providing thst all
goods for the exhibition be admitted to tho
country free Of duty. Mr.. Sullivan had
assurances of the favorable action of both
the sonata and house on both those bills and
since his return to New York he had received
word from Congressman Cox that tho subject
would receive prompt attention. While in
Washington he did not hear a single word of
opposition TO the fair, and in most cases
found the most cordial sympathy for the
enterprise among men from every state.
The report was accepted with applause.
General Grant, without rising from hi saet,
said: 81 am well aware that the sentiment
throughout the country is strongly in favor
Of holding the fair in 1888. The interest is
very great, and it will unqurstionably be of
great advantage TO the various interests in
this city, especially TO the transportation
companies, to the elevated and surface roads
and to tine hotels The subscriptions to this
enterprise are not in the shape OF donations;
on the contrary, my opinion is that oil the
Subscribers will get back all their money
with considerable bonus 1t may not be-
considered particularly profitable invest
ment owing to the length Of time--two and
one-hslf years-hefore returns can be
realized. But at Philade phia it was four
years. But this time, after two and one. half
years subscribers will receive both capital
and what viii undoubtedly be handsome In
terest. l base this opinion on the fact that
had the receipts at the centennial been 1900
900 more, they would have paid all subscrip-
tons. This fair Is to be held in the centre Of
population the centre ofpopulation becsuse
It can be rosohed nv visitors for fare ranging
from 10 10 70 cents The centennial wss held
at the time Of . grett panic which affected
not only this country, but the whole world.
At that fair the admission fee of so cents
was matter Of great consideration 10 ma
iority of the visitors, while the expense Of
travel was still mora serious consideration.
Now, in tho midst Of prosperity, with every
prospect Of lis lasting, the entrance fec and
railroad fares will be of comparatively small
consideration. 1t is safe TO estimate that
there will be four times rs many visitors nj
the coming fair rs there were ut Philadelphia.
Foreign travel also will be much larger. Our
country has grown and is much better worth
visiting now than II was then, and many
more people will come. (Applau3e)
Mr.. T. Page Davis, Of Minnesota, said his
travels had taught him that the people of
the country are enthusiastic on the subject Of
the far. be wished to subscribe $500, and
if he was rich man would take one.fourth
Of the entire stock as m investment.
DR.. Newman said there was an impression
abroad that we are apathetio on the subject
of the fair, but this was contradicted, he
thought by the fact that although the COM
mission had 10 paid agents or authorized
csuvsssers upwards of 100000 was sub
scibed within twenty days after the books
we're opened. Before adjourning he urged
that every gentleman present should be
asked TO subscribe, aud that each commits,
sioner be provided with book % solicit
subscriptions. New York" said DR.. New
man, ais not easily moved, but when she
does move she moves with tremendous
power"
Sheriff Bowe asked, rs a poor man, 10 be-
put down for 100 shares.
Mr.. Frederick L. Tslcott presented some
figures which he wished embodied in an
official circular which is to be issued. He said
that in and about New York is population
of upwards of 100000. The receipts for
admissions at Philadelphia were So 500 900;
the receipts in 1888 would not be less than
double tina, (S7,6000O0), and probably three
times as large. The total cost of buildings
and all outlay in repairing the grounds 1T
Inwood would be a fourth less that at Phil
adelphia. The expense of the cente,
NAL for four years was S2,4i5,236;
here there will DO but two years
tor expenditures, which would not be over
one-half ss large, or S1,273000, with
possibly still greater reduction. In the
aggregate he estimated a saving and gain of
So, 60J, 900, while the results of the fair
would show an enormous profit to the stock
holders. In the matter of transportation he
estimated that the railroad companies would
net $4,000 000 basing these figures on the
receipts at Philadelphia. Mr.. Tslcott
thought that il these figures were properly
brought TO the attention of business men all
the money needed would be subscribed
within ten days. Mr.. Talcott was added 10
the committee to prepare the prospectus for
publication. At his request MIR. Adolphus
Torrey was also added to the committee.
Mr.. James II. Rutter suggested that the
finance committee should properly present