New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-09-14
NO PLkN ABOUT FINANCES.
SITE Committeeman FAIL TO APPEAR = Mr.
CHEsEpRoUGH's SUGGESTION.

| CHEsEBRoUGH's SUGGESTION.
| The Executive Committee of the Worlds Fair Com
mittee on Finance met at the Chamber Of Commerce
yesterday, all Of the members being present with the
exception OF Cornelius Vanderbilt. The chairman. J.
Plepont Morgan, presided usual The announce
ment made the close of the last previous meeting
Tuesday that the Executive Committees consideration
was being devoted to a single plan the details of
which. it was hoped would be perfected by yester-
day, that a meeting Of the full Finance Committee
could be promptly called for final action led 10 wide
spread belief that the plan referred might be made
public yesterday. The session lasted only half an
hour however, and whom the committee adjourned,
the information was given to the reporters that nothing
had been done. The committee VIII meet again next
Tuesday at IL 80.
A meeting Of tho Executive Committee of tho
Committee Site and Buildings scheduled for
yesterday at p. m, but at that hour only ago or
three members had arrived Half hour later there
was still quorum, and 1t decided to have the
chairman call a meeting for later day.
Edward T. Young, writing from the Real Estate
Exchange TO the Committee on Sites, suggests that
when the committee visit Oak and Barretto Points, they
inspect the estates Of Christopher Meyer Philip Dates
and the property of George f. Johnson all OF which
lie between One-hundred and forty nnthst and In
tcrvaleave. and Westchester-ave. and the Southern
Boulevard. One hundred and thirty five acres OF high
land could be obtained there lease the writer says
which, the tract lies Just in tho rear Of Oak and
Barretto Points would afford supplementary room.
The following letter received yesterday from
Robert A. Chesebrough:
In case tho committee should decide upon a location
where land mparativey cheap, SUCH for ms tac
as tho so which have called It's attention coax,
Barretto and LeggetS Points, beg 10 submit why III
Pc s of .taS the R is leased and the out
lay for the Exposition Is taken at Sl2,OOOOoo inc
Expenditures, S12OOOO0o Receipts from adms
slons, SO 100000; sales Of licenses 100000 TOTAL
This is rather poor t shI% 0asda T anS viii
return nothing. But if the land IS bought costing
100000, the amount will be as follows ooo ooo
missions s$Oo6,oOo sale of LICENSES 100000
of Improvements, 100000; total, Sl5,500Ooo max
1t viii be easy to raise s15oOooOO for the latter
plan and difficult without guarantee of some Knd
TO raise 100000 for the former | would cheer
fully subscribe to $4,000 of the stock in the one:
while Will take Just little of the other as my duty
a citizen will allow
ourity is good but otherwise it VIII be very hard
work I should much prefer TO lease my land than
to sell IT, but cannot resist the temptation OF pre-
sentng this view of the to the committee ire
spective Of self-interest
Charles A. Dana, chairman Of the Committee on
Site and Buildings, and Charles s. Smith, president
Of the Chamber of Commerce and a member Of the
Executive Committee of the Committee on Finance VIII
sail for Europe to-day 1t has been intimatcd that
they will study the Paris Exposition plans and schemes
for the benefit of their respective committees.
Mayor Grant sent official letters yesterday to Gov
eTn0rS of the several States and Territories, to inc
Mayors Of all cities of the Union rated as first or
second class by the Postoice Department and to all
United states Senators and Representative |
in Congress. He asks their aid and CO |
operation in securing tho holding Of the |
International Exposition OF 1892 IN tho City /
of New-York, and TO mako It worthy of the United |
States and the industrial progress OF the world. He
also asks that through their authorities. commercial
bodies industries and citizens the various common
wealtbs and municipalities join New-York City IN
the 40otb anniversary of the dis
coverg Of America by Christopher Columbus. Tho
Mayor of Chicago was not neglected. The Governors
and Mayors invited also to appoint commits
soners, and If they respond IL Is intended to form
general United States Commission.