The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-10-11
ALL ITS DEBTS PAID
The Worlds Fair Also Celebrated
on Chicago Day.
Last Of the Debenture Bonds Lifted
Yesterdays Paid Admissions
Over 100000.

CdlCAGO, OCT. lU.-Ine WOrl0S 121r IS
now free from debt and the management
has snug sum in bank besides. Yesterday
the paid admissions were 1855. Treasurer
Seeberger and Auditor Alderman celebrated
the day by making out a check for $780,
31o.76, payable to the Illinois Trust and Saw
ings Bank, trustee of the holders of expo
sition debenture bonds. The check went to
President ]. ]. Mitchell, of the bank, to-day,
and was used to settle the last cent of debt
owed by the fair. OF the amount called for
by the check s231 ,96O.76 was for interest and
1888, $50 for the last installment of 80 per
cent. due on the issue of $5.OoO,OOO foated to
insure the completion of the fair.
After the check had been signed and veri-
fled last night Treasurer Seeberger had
something to say about the financing that
made the check possible. 1--WE had esti-
mated" he said, that we should have
enough money on hand to-day to clear UP
all our obligations, including some amounts
due contractors and various minor claims.
The rain cut into our receipts SO that Sat-
urday we were short OF the estimate just
100000. On Saturday 1 called for our white
wagon and made trip around to what
the reserve due us amounted to. l got
$685. 900 and hauled it over to the worlds
three thousand Of the amount was from
concessioners and $4,000 came in one lump
from the Ferris wheel When we figured
UP all our resources and our liabilities we
felt all right We had notified. the con-
tractors and everybody else who had any
sort of claim on us to be on hand Saturday
and get what was due good many OF
them came and few stayed away, but
practically everything was paid, and our
balance in bank amounts to more than any
claim unpresented. Counting to-days
014 kl. Ton hos. ranfl civ
origin. for all purposes a little more than
$50, CSC, 600. On the same basis that furn-
ished us with data when we figured on pay
ing off the bonds to-day we ought to close
on Nov. of about Sl,50O,0OO.
President Higinbotham emphasized what
financial outlook we were very anxious
er was satisfied so the accounts could be
wiped off the books the s it G sxer Could be
balanced off, Where man failed to come
and claim his money we had check made
owner Of course there are a few claims in
dispute but every adjusted Indebtedness Is
settled and out of the way.
When the president and treasurer made
the nquidation of ali Claims they were FIG
uring on an attendance Of less than 100000
for cheago d Ike the e Scent sopy Of h
actual receipts from all sources. A con-
sentative calculation made by one of the
cessions alone at over 100000 for the day,
while the receipts from tickets were in the
neighborhood of 100000 more than Presi-
dent Higinbotham had figured on.
MAY STAND FOR YEARS.
Engineers and architects are firm In the
belief that the worlds fair buildings will
withstand the elements for years to come
Director of works Daniel H. Durham and
his staff of skilled engineers and architects
hot Of
able amount of care and at no great cost
the worlds fair may be revived in all of It's
external glory in any succeeding year for
years to come. AT every point the buildings
at Jackson Park have been subjected to a
severe trial test during the past eighteen
months. On the durability of the buildings
during the exceptionally stormy winter and
summer just ended the reputation Of
architects, builders and engineers has been
staked. The test J. as in every way been a
successful one. II e fair stands. in its clos
ing days. more Fl mly and with more evil
dences of stability than when it opened last
May and il will continue a thing Of beauty
and joy to the beholdsr If the ruthless
hands of the wreckerS and salvage men are
not laid upon it. In speaking of the matter
E. r. Graham, of Burnham's Office, said:
"A more durable mate risd for such a pur-
pose could not be found except at pro-
hibitive cost. If the staff is good for one
year ii is good for many. In places the
plaster may have peeled off the buildings
cept where force has been eXerted, the staff,
even that which was put on two years ago.
is to-day intact. The peeling of the plaster
on such a structure as thu Transportation
Building, the only one where IL Is used ex-
tensively, really amounts to nothing and
would not justify the substituting Of staff."
Commissioner Bromberg, of Alabama,
frightened the members OF the national
commission, to-day, by introducing res
olution. asking the director general to in
quire whether the plans of the buildings, as
approved by the commission included the
elevators to the Manufactures roof, and
inQuiring whether it was safe for an UNI
limited number of people to be allowed on
the promenade roof. The Commissioner, in
speaking TO his resolution, declared, en-
phatically, that there was danger OF great
loss of life If panic should occur. by fire
or other cause, on the high-roof prone
made even though the council of admin
iStration had ordered the construction OF
stairways from the four corners of the
building. If any fatalities resulted, he said.
every official deserved to be indicted for
ton was referred to Commissioner Mas
sey, of the council of administration, TO
report. The committee on ceremonies re-
ported that arrangements were made, in
accordance with the act OF Congress- to
celebrate, In an elaborate and significant
manner, the closing OF the exposition 1t
had not been decided whether the closing
festivities would occupy one or two days,
but the committee informed the commits
sion Ii would fully equal the ceremonies OF
the opening.
After the iams caused by the attend
ance OF nearly three-quarters OF million
people yesterday. the people began TO come
bcsieged by impatient throngs. The people
wi m NM rom n rlnr n