The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1891-02-02
4HH WORLDS FAIR.
Embarrassing Question Con-
fronting the Directors.
THE ENORMOUS EXPENSE
To Be Met-short Five Millions of
Having Enough to Garry Out the
,Plans-Flteen Millions Is
What 1t Will Cost.
CHICAGO, Feb. LA local paper prints
the following sensational developments
in affairs of the Worlds Columbian Ex.

CHICAGO, Feb. LA local paper print
the following sensational developmentl
in affairs Of the Worlds Columbian Ex.
position:
Nothing leaa than sl5, 900, 900 will meet
the necessities OF the Directors OF the
Worlds Columbian Exposition. This
is the report that will be made by Ferd
". Peck. Chairman Of the Finance
Committee, and Otto Young, Chairman
of the Ways and Means Committee,
some time this year. The estimate Of
expenditures for the Worlds Fair that
these committees have prepared will
astonish the Directory. At the last
meeting OF the Executive Committee, II
was ordered that q budget be prepared
showing the probable expenditures
that would be required before
tho Exposition closes. The resolution
calling for this budget was introduced
after Director General Davis had made
q statement that six departments mus
be organized at once. The estimated
expense OF the smallest OF these depart.
ments was $4,000 per ahnum. With
half dozen more departments to or.
ganizs and untold expenditures.co .contem-
plated in other directions, the Executive
Committee decided that it was OF prf.
mary importance to get the financial
bearings OF the Exposition. Each OF the
departments was instructed to prepare a
budget estimating the amount that
would be necessary TO carry them
through the Exposition and past the
time Of closing up all the business of the |
Fair.
A lengthy conference was held yester-
day, at the conclusion OF which the
Joint COMMITTEES decided to recommend |
that nothing less than $l5. 900 900 would |
meet the requirements Of the Exposi
ton. a targ4 part OF this must bs avail. |
able for use before q dollar is received al
the gates.
This puts the directory in an awk-
ward position. At the utmost but $40,
100000 will be at their disposal bsfur'
May l, 1893. That estimate ia based on
the supposition that every dollar of the
popular subscription OF $5,600,000 will
be paid. In semi.Confdential conversa.
tions directors admit that fully 12 per
cent OF the popular subscription will not
be paid. That estimate would leave
s., ,92S 600 in addition to S., 900 000 to br
derived from the sale Of city bonds
There is an apparent deficiency OF S.,
072. 900 between the possible results and
toe necessary expenditures. How to
provide for that delinquency is prob.
lem that must be solved by the directo.
ry. The situation ia further compli.
Gated by the stubborn fact that no part
Of the revenue to be derived from the
s,le of city bonds eau be used until S3,-
000, 600 OF the popular subscription has
been paid to the Treasurer.
The ten buildings to be built by the
board of architects will cost s., 600, QUO,
and all tho time We will bs paying large
amounts for the maintenance Of the de.
partments and for the sustenapce OF the
representatives in foreign countriee.
"How is the money to be raised?" it
was asked.
"That is the question that the directors
must settle. IL mas been suggested that
We bond the gate receipts for S. ,0OO,0 900.
| do not think the proposition will be
1tsmacks too much OF mort
gaging q patriotic enterprise"
Solicitors have been out for several
weeks with moderate success. The
Ways and Means com mmittees will begin
next week TO sue delinquent atoCkhold.
era.