The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-04-22
suyco crrr IN DISTRESS.

PROM The cAsnso Tribune cf Aprf' ~.


| F,o. The casoaeo Tribune @ AJrti ~.
A committee OF the Worlds Fair Directors
| went to Washington week ago to appear be-
| fore committee OF the House to explain and
| defend n bill the main feature of which was
| that the Government appropriate i've millions
| for Exposition purposes. with the understand
| ing that 1t was to receive back proportionateiy
| as much as did the city OF Chicago or tho
| stockholders. When tho three directors went
| before the committee it was TO suggest an al
iteration OF the vital point of tho bill; and to
propose an amendment converting tho Gov
The PROPOSITION thoy made was that tho United
itsciiii l BY taxing second mortgage on the gate
Ths gentlemen who did this were and rT are
believe that 1t was that or nothing, that 2 Dlli
providing for an approximation could d no. maze
must be adopted They may be able to to- 'Ihg"
at Chicago. and II may. be that their Ideas as
to the impossiblity Of getting the govern,
to take Set I'M ~
the conclusion on reelection that they surren-
dercd too soon and abandoned unnecessarily
vantage than they can now.
No reasons can be more de'ensible than the ie
st fP the orisn% worGs Fair act is
sttutional 80 isa SIT OF money to carry ont
the purposes or tnat act. inc great strcnEtu
BY Congress in tho hands Of National Com
failure does not depend on tho acts Of tho rep
resentatives OF those who advanced the money.
which has as yet Gazarded nothing, This l. "a, an
inversion OF the ordinary mode OF doing bust
srs ss sS ons wHS IT, Who
have nothing ut stake are not as careful as
those who have something. and u the :, Govern
look more closely after its affairs to, see that
Ave millions are loaned aud a mortgage givon
WHICH ineures the repayment OF the money. no
a failure; those to whom tie government has
intrusted it's management will have no induce
ment to be frugal stewards.
been insisted on It Is not 50 eIHar that it
It HARDLY Hy seems possitic that tho Dem ocratic
House would have defeated cate the Worbbs Fair
msds that the Democrat. through lack Of pa.
great ti National undertsking It takes little to
awake en- an active sentiment OF national pride
ur they scorn excuses based on economy or
strict construction' of tho Constitution.
the bill could not PASS. then its friends could
have assented to the loan idea as compro,,
their tether They have nothing left to COM
promise on when the bin Is attacked rs it will
be. even in it's present form. When the meas
ure gets before the House some one will he
likely to move that the Governments mort
gage be q first and not second one. some
one will move that certain number of Chi
cagoans secure the repayment Of the money.
All those who are openly opposed TO tho Fair
will vote for these things. and will he Joined
by those who are afraid to vote against the
bill ana YET wish to injure the Exposition
Impossible OF acceptance by the directors
This is not unlikely to be tho case. Hess
public sentiment gets pretty well stirred up
on the subject.
But 1t is doubtful whether that which has
heen done can be undone committee rep
resenting the Board Of Directors has climbed
down from the top Of the fence. 1t is a ques-
ton whether that commanding position can
If 1t can get five from the Government it can
borrow easily the other three. But it cannot
need OF SO large a sum II the National Com;
mission had not laid out the Fair on 80 grand
a scale. but it is rather late in the day to begin
cutting down. A million or SO might be saved
by dispensing with attractive features. and
then the people would protest.