Omaha daily bee., 1896-06-21
MONEY FOR THE EXPOSITION
Finance Committee Sets the Stock Subscrip-
ton al Half Million.
psLF MUST Be PROVIDED FOR SOON
Plans for Raising the Money VIII he
Submitted to n Meeting TO BE
Held Monday EVening-In-
crease In the Committee.

The committee appointed at the exposition
mass meeting to recommend ways and
means for carrying the financial burden Of
the enterprise. met at the Commercial club
yesterday Afternoon and spent nearly three
hours In exchanging ideas and working out
come leanlte line Of action. 1t was the gen
erai opinion Of the members that
St was absolutely necessary that
at least s25Oo0O should be raised
in stock subscriptions In Omaha and yicin-
Ity as soon as possible and most Of them IN
clined to the opinion that the mark should
be set somewhat higher. The result ot
their deliberations was the passage OF
resolution making the recommendation
that 500. 900 should be raised by stock sub
scriptions and that committee be recon-
rnended to raise subscriptions, receive and
d,sburse the funds and have full charge Of
the finances of the exposition. The commit
tee as recommended includes: Herman
Tountze chairman; II. W. Yates, Guy Z.
Barton. J. H. Millard. Frank Colpeizer'
Frank Murphy. A. L. Reed, r. p. hlrken-
dali Casper E. Yost. E. E. Bruce, L. !.
Lindsey. Z. Rosewater, ". A. Paxton "
w wattles. Ed Cudahy, John A. Crelsn
ton. George w. Lininger, Charles r. hahu-
erson. Omaha: Harold Mccormick, Lucus
Wells. Council Bluffs, David Anderson
South Omaha
Tbe committee was called to order by Mr.
wattlcs. after which Mr. LinlngeT Nas va
elected chairman. Mr. Wattles briehy
stated the problem which confronted the
committee and that S250.Oo0 was the least
possible amount that would answer as the
Omaha subscription. Mr. RoseWalei
thought the amount should be placed al
500 600 with a provision that only 10 oI
Is Ter cent OF amount subscribed should
he assessed during 1896. He asserted that
81 would not do for the exposition assocla'
tion TO depend on any direct donation IRON
the city. county or state. Under the Law
the city could make a maximum levy foi
mark purposes and devote the proceeds tl
the improvement Of the exposition grounds
5n case they were located inside the clt!
limits. The county could make hoeFa
auprppriation for an exhibit and so Colll
tho state but for the erection OF the mar
buildings and the preliminary expenses o.
the undertaking the funds must be pro
Vided in another way.
Nr Lininger suggested that in his opinion
the entire amount could be raised in twenty
-four hours by a popular subscription ~
advocated the designing Of holiday for tina
purpose appointing a committee OF 7'p o.
900 members to be distributed in the VaTl
Gus voting precincts and bring the peopl
out to the booths TO give subscriptions jus
as the voters were brought out on election
day This plan. however. was not favor
ably received. II was argued that II mlgh
be well enough to obtain a popular sub
scr.ption after time, but the big subscrip
tions must come first. The money would b
raised good deal easier after the me-
who were heavy property owners had signe
for large amounts.
After a prolonged discussion Il was de
cided that the committee should recon
mend the appointment of the finance com
mittee. This was originally composed G
twenty-one members. but finally eX
tended to twenty-five. The recommends
tions of the committee will be submitte
at another meeting which will be held mex
Monday night.