The evening world., 1888-04-11
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Less than two years after the purchase Of
The WORLD by its present editor and proprie-
tor the phenomenal and uninterrupted in
crease Of Its circulation rendered It imperative
that the newspaper should obtain larger and
more commodious premises than Il originally
occupied. Important additions were made
through the leasing and alteration Of parts Of
the adjoining property on Park Row, by
which the press room and composing room
facilities were more than doubled. AT the
same time an Annex" was established in
Brooklyn which would afford us, in case of
accident or necessity. as well equipped and
commodious a press-room as many daily
newspapers in the city possess.
Notwithstanding these improvements, the
necessity of still moving on increased
with our increasing circulation and advertis-
ing, and we purchased, at q heavy expense, the
property No. IL Park Row and Nos. 8. Z, 8 and
IL Ann street, opposite the Herald, with the
intention of erecting there our new WORLD
Building. TIL location is for many reasons
u desirable one, and We still own the property.
But before the plans for the new structure
were completed our attention WINS called to
the important site occupied by French's Hotel,
on the corner of Park Row and Frankfort
street. Finding there more space and better
| opportunities for the erection of such an
imposing and commodious editice as the vast
and increasing business of The WORLD de-
mands, we entered into negotiations for the
purchase of the property more than a year
| ago. After considerable delay the arrange
ment was completed, the price agreed upon
being $3.50, 900, and by the first of March last
the contract was signed, legally binding the
purchase and sale. Yesterday the balance of
the purchase money was paid and the deed
recorded in the name of JOSEPH PULlTZER,
now the sole owner of the property.
II is our intention to erect on this fine site
n building which will be an ornament to the
city and n great public improvement, worthy
the leading journal of the metropolis. Neces-
sarily our large investment will increase the
value of the adjacent property. Even the
shabby little building of the sun will be
benefited by the splendor of its near
that splenetic journal prompt it to desperate
but hopeless efforts to deprive us of our
property. II breads being overshadowed
architecturally by The WORLD, as IL already
has been overshadowed by us in circulation
influence, character, enterprise and all that
makes u newspaper successful and powerful.
On the 4th of March last the Sun made its
first open effort to check The WoRLp's enter
prise. After it became certain that Mr..
PULITZER was to be the purchaser of the
French's Hotel site and that the contract was
ready to be signed, our atrabilious contem-
porary called upon the city to condemn the
property and take it for the location of q
public building to accommodate the courts of
law, the design for which it published in its
columns. This scheme to Gust The WORLD
and crafty the malice and jealousy of the
Sun fell dead. The next plot was to induce
the Bridge Trustees to build an
ubtiesb ulu SoStiy htIutluTc AT JIG NtW lOTh
terminus, and to condemn and sweep out of
existence all the property purchased by Mr..
PULITZER under pretense of increasing the
facilities of railroad travel over the Bridge.
BY this ingenious plan the Sun property would
be made n corner lot and increased in value
almost to the amount of the face of its mort
gage. But more than SO, 900, 900 would be
added to the cost of the Bridge and the bur-
den of the taxpayers of the two cities.
Fortunately the Trustees of the Bridge are
business men of the highest intelligence and
integrity. They can be relied upon to defeat
any scheme of wasteful extravaganza and
private land jobbing.
The editor and proprietor of The WORLD
would never allow his personal interests or
wishes to stand in the way of u desirable and
proper public Improvement. If 1t were neces-
ssry for him in the public interest to give up
the French's Hotel site, he owns the Ann
street and Park Row property on which to
erect the new WORLD Building. But 1t is not
necessary. In defending his own property
in this instance he is defending the public
interests. We publish elsewhere a pleasing
historical sketch of the site on which the new
WORLD Building will soon be erected.