Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-05-13
SUCCESS rs ASSURED
NATIONAL AUDITORIUM AssocIA-
T1oN TO BE INCORPORATED.
Subscriptions Reach the Hundred
ThousA nd-Dollar Mark-Meeting
TO Be Held Monday.


been reached by the National Auditorium
Association, and nothing now stands in the
way of Incorporation and permanent sue
cess A meeting of the original auditorium
committee and the prospective stockholders
has been called hy Chairman Henry L.
West for IL am. next Monday at the New
Willard. when 1t is expected the articles of
Incorporation VIII be drawn, the permanent
organization effected and the great munich
pal enterprise gwen such an enthusiastic
momentum that failure will be precluded.
Mr.. Charles C. Glover, who will be treas
urer of the association, has been very busy
yesterday and today with his little SUBJ
scrip tion book in one hand and pencil in
the other. jotting down the names of per-
sonal acquaintance who are DESTROYS of
getting in on the ground floor Thus far
there has been no solicitation for subscrip-
tons of the stock. All offers to purchase
have been voluntary. and one-tenth of
the total amount needed has been procured
without effort. those directly Interested Are
confident that the rest will be easy. The
District Commissioners are heartily behind
the project and. will lend all aid in their
power to assure success. Commissioner
Macfarland subscribed to some of the stock
today, and in doing congratulated Mr..
Glover upon what already has been done.
and reiterated his personal interest and
support in what he believes TO be one OF
the history of the city.
Mr.. Glover's Views.
Mr.. Glover is of the opinion that the
actual building of the mammoth auditorium
should not be begun until the last share
of stock has been sold. He is opposed to
the idea of bonding the association by bor-
rowing the necessary money to purchase
ground and complete the building. 1t will
take some time. however, to dispose of the
100000 shares, and some of the city's finan-
ciers believe the site should be selected
forthwith and the contract let for the con-
struction of the auditorium, securing the
necessary extra funds by a trust. This
would enable the association to realize on
the investment sooner and would guaran-
tee a place for the inaugural ball in March,
1900.
One of the reasons advanced by stock
holder for the immediate construction OF
the auditorium, is that Congress may be
expected to appropriate something like $780,,
600 every four years for the purpose of
assisting the project, while $4,000 might
be expected as rental every four years
from the inaugural committees. With this
revenue in sight it is argued the structure
should be completed on borrowed money, If
necessary. If the proper amount Of en-
thusiasm is displayed by the business men
OF Washington-who will be benefited i'm
measurably-there will be no need Of max
toucn from uncle. The real canvass
has not begun, and when it does the finan-
cial feathers will fly and the auditorium
association will have a well-filled ex-
chequer.
Uncle Sans Estimated Loss.
Some of the governments mathematician
figured out last March that Uncle Sam lost
$4,000 because of the forced holiday of the
clerks in the pension office. The association
officials believe Congress will gladly ap-
propriate this sum, provided the ball is
given In the national auditorium Mr.
Glover. in casually considering the possible
returns, has come to the conclusion that If
the auditorium is rented sixty days a year
the stockholders will receive a fair interest
on their investment. The fact that the
scheme has been demonstrated in ST. Louis
ana mas proven practical success has en-
couraged many Washingtonians and Mr.
Glover expects a rush for the stock next
week. +. 80
Today S7,110 has been subscribed, bring
ing the total of stock sales to date about
SlO2.1OO This, of course. does not include
the $4,000 appropriated by the inaugural
committee of 1905, which will be devoted to
the preliminary expenses of the association
such as bringing the steel of the govern
ment building at st. Louis to Washington,
the necessary printing and clerk hire In
volved in getting proposition of this mag
nitude under way.
Subscriptions Received Today.
Following is the list Of those who sub
scribed today: J. Maury Dove. SI0OO;
Woodwork Clum. 500: V. G. Fischer $500;
Arthur T. Brice. $500; George E. Russell.
500: Edward L. Morse. s1O0; A Brand,
$50: Oscar w. White 500; Theodore
Mead, $40; Henry w. seymour, 500; Will
lam H. Peck, S1O0; w. j. Adler, 500;
George w. White, $500; Gen. Green Clay
Goodloe.. 500; Miss Emeline " Middleton,
800: w. A.. Slater. $1,000; M. 1. Weller,
$500: Thomas Hyde, $1,000; Mrs NJ L.
Tinker, S1O0; H. B. F. mcfarland, $50