Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-15

government for this exposition were far in
excess OF those made for any previous ex-
position, as is shown by the following state
ment:
Sundr, civil hin. 1900. ... $40 900
ACT OF March 3 1901 ................. s. 600 900
Government building ACKNOWLEDGEMENTS. 4sa o0o
,s,e exhibit ..-.............. 10000
inlian eAhioit. ACKNOWLEDGEMENTS. g. 900
Srisaiturai exhibit. ................... 100. eco
Alaska exhibit. IA 900
Indian territory exhibit ............... 250oS
Expenses congressional committees, III eSo
Total government appropriation q ,s, oon
Loan which was repaid .........-..... ~ 500. 900
Total of government aid. ............ H. 1855. 900
The Philippine exhibit cost SI3UsoOo of
which the exposition company contributed
$4,000. The Philippine exposition board
received from Its own concessions and va
rious sources in connection with the exhibit
over S3o0.ooD. so that the total amount ex-
pended by the Philippine government was
between 100000 and 81 100000.
Effect on st. Louis.
The consequences of the exposition on
the city of st. Louis" continued Mr.. Stew
ems, are apparent in every direction that
you may travel on our street car systems:
and you will notice that very few houses
are for rent. What is still more remark
able. there Is just as much building going
on now in the residence portions as during
the year before the exposition opened Six
months have elapsed since the exposition
SioSeu, out there mas been no cessation in
the Duliding boom that began in 1903. Dur
ing the first three months of 1905 building
operations represented an expenditure of
o,2S1,422. against S3.373,574 for the first
three months of last year, when the prepa-
rations for the worlds fair were most
active.
The people of the city generally gained
from the exposition a permanent art mu-
scum, the construction of which cost up
ward of a million dollars. This building Is
OF stone ana steel, constructed after the
most modern ideas for such buildings. 1t
was paid for out of the $40 100000 which
the city and citizens contributed to the ex-
position. 1t occupies central and COM
manding position in Forest Park, the west
ern half of which constituted a part of the
worlds fair Site This art museum already
contains many objects of art acquired
through the exposition.
The western half of Forest Park previ-
Gus TO the exposition was the unimproved
portion Of a tract containing nearly 1900
acres. 1t will be delivered back to the city
with roads and lakes and lawns water and
sewer systems and other permanent i'm
provements representing several hundred
thousand dollars paid out of the exposition
funds.
The Washington University an institu-
ton In which the city and citizens of St.
Louis feel great pride, received for the oc-
cupancy OF its ground and buildings during
the worlds fair permanent improvements
which cost the exposition company $3.50 900.
Previous to the exposition period" con-
Guided Mr.. Stevens. the city of ST. Louis
as shown by successive census reports. was
growing steadily in population at the rate
of about 1000 souls per annum This rate
was doubled and doubled again during the
pre-exposition and exposition periods. II is
now about 10000 a year, with every pros
pect of the census of 1910 showing a million
people"
Influence on Business.
Mr.. c. p. Walbridge, one of the leading
merchants of st. Louis the head of one
of the largest wholesale drug houses in
the west. president of the Business Mems
League, republican candidate for governor
at the recent election, and in many respects
the first citizen of St Louis" said
Everybody is satisfied with the results OF
the exposition"
Did it pay?" l asked
There is not the slightest doubt about
It, and do not think that any one would
refuse to do the same thing over again
under similar conditions. 1t gave the town
the greatest kind of advertisement and
that was what 1t was for. ST. Louis has
been backward in advertising, but now
everybody in the world knows all about US
and in most favorable way"
Has the exposition increased business
Something has increased business in a
remarkable manner" said Mr.. Walbridge.
and 1t is perfectly natural and just l
think. to attribute the Improvement largely
to the exposition. Mr. Saunders secre-
tary of our Business Mems League. has
been getting up some figures that may in
terest you He has been making a COM
parison between business conditions here
in 1903 and in 1905. He shows that the
deposits in the banks of St Louis Novem-
Der II, 1903. were s157 ,25Soo0. On Janu-
airy IL. 1905 they were $40 163 727, an in
crease of more than s50GO0000 in little
more than a year.
The profits of the banks and trust COM
panies in 1904 were $6.691.000 and their
dividends were S4.5O6,O00. The capital OF
the banks alone on January IL. 1903, was
S23.9 ZOO. and their surplus and profits
SOS. GIG. 692. Clearings in 1904 were 81
1893. 233, 91S. an increase of lib per cent over
the clearings of 1903. This increase is
greater than that of either New York.
Chicago, Boston or Philadelphia, Pittsburg
being the only large city that equals 1t.
THE entire jobbng business of the city
is increasing at the rate of 10 per cent
year and the retail business is growing as
fast. In 1904 the trade territory of ST.
Louis was developed by 1900 miles Of new
railway, 40 per cent of all the railway
building done in the United States. In
1904 there were sS.712.O00 invested in new
mercantile concerns in ST. Louis, and since
the worlds fair ended 40 new mercantile
houses have put sS.674.0OO of the new capt.
tai into business here.
I'm 1903 new buildings to the value of
81. 544 .430 went up and in 1904 the people
erected 4.0S6 new buildings. at cost of
sl4,015 1914 Since the worlds fair closed
houses have gone UP to the value OF
Sc 500 O0S which is s2.202. 252 more than
the value of all the houses that were put
I'M In the same period of time just before