New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-23
SOME BENEFITS OF THE FAIR.
ESTIMATES OF TIE PECUNIARY ADvANr
AGES TO THIS COUNTRY.
COLONEL ANDERSON THINKS THAT $500 900 900
WILL BE SPENT HERE by FOREIGNERS
AND THAT 800. 600 coo WILL STAY HERE
THAT USUALLY GOES ABROAD.
IBY TELEGRAPH To TIE TRIBuNE.]

"iNN'N'Nf~NN
THAT USUALLY GOES ABROAD.
IBY TELEGRAPH TO THE TRIBuNE.]
Washington. Jan. a2.-Coloncl y. X. Andersen. who
OF the original advocates OF the 'ouHlLhh
Exposition. and who Is Of the most active AMI en-
clcctIc promoters Of the great naval review and display
10 taic place in Hampton Roads and NewYork llaroor
in April has been making some estimates Of the prob
able pccunIary benefits which the people OF the 'ntcd
states will derive from these enterprises. lie esu
mates that nj least 100000 will he spent In this
| country by foreign visitors during ho current year.
and that siOu UaUuuO which woa'i otherwise BE- spent
abroad BY Americans Will be kept and expended at
| home. In conversation with reporter last night
| Colonel Anderson said:
few years ago IL United states Consul in Europ'.
in an official report 10 the Department Of State giving
details estimated the total amOut Of money annually
expended by Americans IN Europe for purposes OF
travel pleasure art and education 10 he sl05cO0Ooo,
and he gave excellent reasons for the estimate IL Is
safe TO dng the last ten years this annual
expenditure has increased 70 ut least Sloooooooo'
Now suppose the situation is reversed rs 1t VIII be,
owing to The great Exposition and the naval review,
there will IL $l5ocO000o spent by European VISITORS
| In the United States during the year 1888
"But this is not ALL f,r over sixty foreign Nations
have officially accepted the Invitation 10 participate IN
| these two great celebrations. Not only the Nations
OF Europe will be represented. but the eighteen Amer
lean sister republics and the Nations Of Asia, Africa
| and Australasia In hI1'l, Inc Whoic "oH VIII w
reprcsented and II j. fair 10 presume that the total
spent bv Europeans will be cquacd by the rest oil the
world in other words. we may expect total OF at
eo., 5000 600 900. IN addition e this. American;
will mostly stay and spend their money at home TINS
v,a~ Trol ably ,wOih birds Of The sum annually spent
| abroad viii remain 1T home. which Will add FLOW
! 900 to the amount maidng grand total Of sioo
COOOO0. have no hesitation In saying that the sum
above mentioned IS only the beginning OF the tidal
wave Of money which will n)w 10 the United ; atc'
dung the o-ming few years MRy OF tn" foreign
| visitors will come here 10 study the resources u
Amcrita for plppcy of investment. Just ~ the Bill
h Iron ard ,te. Association did about two years ago
The year 1893 Will, Therefore" stimulate Investigation
| u opp,rtuntc, 90. Investment which VIII he I'm
y owed Dung the Yeas fo,l)Tinc. sincerely believe
that an era Of unprecedented prosperity Will dawn upon
this country next spring aud continue or several
| years"
| What portion Of the United States VIII derive inc
| greatest benefit from the cNpo,ition''
| - As regards citics OF course Chicago Will get IN"
largest share. Washington AMI New-lork will com"
| next But rs regards sections, ihink the sttrN
moro or less tributary Ia Washington sn'h ~ w
| ginin West Virginia. North Carolina aud Easter
! tennessee will bc q fivorc field for Investment hN
iiic capitalist, who ar" COMING 20 study american e
sources and opportunities. What congress !as sp'h.
on tho Exposition j, undoubtedly gog1 inve'lmeI,
from the National standpoint. senate: ta"ic' on .nr
nonr al the senate ia l--G. when the proposed tlrcr
| Americas Exposition was under confederation said
"A. 10 the value Of international exposltions conducted
WITH propcr prudence and wisdom have not the slight
ct doubt in the world that hey pay abundaHty the
Nations TINT hold them Never has one been he'd that
in many respect, has not absolutely rcN0lntonled u''
| industries OF tn country which held It,
"Of course. II the cholera shall be allowed TO gain
a ,oo,hod and become epidemic In the United states
the Columbian Exposition Will be- virtual failure ana
little II any prcnnnTy benefit Will BE- realized rom
| an Influx OF foreign VISITORS