The Indianapolis journal., 1902-10-28
EXPENSES.
Deficit ....

The accounts of the festival and horse
show were examined at a meeting Of the
executive committee yesterday and the as
sessment was approved. To properly ex-
press the spirit of the men who compose
the Festival Association the following reso-
luton was adopted unanimously:
Resolved. By the executive committee
of the indianapolis Festival Association:
THAT, in its opinion, it will be inadvisa-
BILE to attempt TO give another horse show
in temporary structure.
THAT, Inasmuch as the public seems to
have approved the recent horse show and
very generally to desire that similar shows
be given hereafter, 1t is the opinion of the
committee that a movement should be i'm
mediately organized for the erection of
coliseum"
THE statement" said President Bliss,
last night, ''is a good argument for a CO.
liseum. 1t shows that the horse show about
sustained itself. The horse show total ex-
pense was between $4,000 and S15,000 and
the receipts amounted to nearly $4,000. The
deficit amounts to nearly $4,000. Subtract
grounds. decorations illuminations and la
bor, amounting to about $4,000. and you
have the horse show sef-sustaining. pro-
viding we had had a permanent structure.
The deficit represents about what the in
terest charge would be If 100000 were in
vested In a coliseum.
MUST HAVE COLISEUM.
II am happy to find that the guarantors
are freely paying their assessment, their
only regret being that we had unfortunate
weather. This misfortune has been re-
emphasized by the ideal weather of last
week We can gamble on the weather no
more and 1 feel safe in saying that no
other horse show will be held until we
nave permanent structure in which to
hold Ii. The guarantors all favor the
liSeum plan. The location of the city, its
accessibility and desirability for large gath
of such a structure. No organization will
do more to bring about such an end as the
Festival Association. Mr.. MCGOWAN has
already said he would take one-tenth of
the stock. Another member says he will
take 5000. and others $1,000 of the stock.
The enthusiasm of the Festival Association
members find is shared by most of the
patrons of the horse show and 1t is my
candid belief that little difficulty will be
found in making up the necessary amount
Popular subscription is the most approved
plan. Let the shares be so provided that
man who can only invest a dollar can do
so alongside Of the man who can invest
$4,000. The barber who shaved me this
evening said: Mr. Bliss. will give cou-
We don't want you to give It,, an
swered. You may have stock for your
money & and and have it ,,sI as an Investment.
more he said.
THAT sort of policy will interest
majority of the people and bring rapid sue
Mr.. Bliss said delay would be per-
mitted. The project is to be brought be-
fore the Merchants Association and there
will be other meetings to give it tangibility
and aid its progress. Mr.. Bliss says it
would be great thing to have 1t ready for
the national meeting of the Modern Wood
men of the world here next June, which
will attract many thousands, and the trav-
cling mems national meeting the same
month.
The committee of the Board of Trade and
Commercial Club. which meet this morn
ing to discuss the proposed amalgamation
of the two organizations, may do much
toward advancing the coliseum scheme