Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1906-11-27
IN new YORK.
Millions Spent For Mus
iCaI Entertainment.
New York Hopes to be Worlds
Financial Center.
Crowded EloGks...Fam0us Land.
marks 10 he Demolished.


New York. Nov. 2f-Just about one
dollars worth Of music for every ON"
Of New York's residents is to be turned
Loose during The coming season; for
ii city with al the appearance Of be
ing music mad has completed plans for
Spending something between $3.o00,0o
ana $i,0UUoU on sweet sounds, vocal
ana instrumental. The greater part
Of thu; fortune for which when spent
the public will have nothing To show
will pour into the Golfers of the
Metropolitan opera House during the
seventeen weeks season beginning
ncXt Monday. The five regular per
furmancrS Il week Will separate New
Workers from $1,000 for each one, the
:, V,Htcem Sunday concerts VIII cost
s. 900 apiece, and the special per
furmancrs ANA benefits will bring the
total up well above the million mark.
In other words; in this "li. play house
alone New York will spend every week
enough to pay the salary of til" Pr"!'i-
dent Of tn, United States, to say
nothing of the Vice President and half
a dozen Senators. And this is only
one item. Th,r" is 10 be an opera
season at tn" Manhattan also and if
the tenor, of whom li;,lc is known, i
anything Of 4 success, At Least $4,000
will probably be spent there, for while
one swallow cant make a summer. one
opera star can make an opera season.
Aside from the opera houses New
Workers. will probably pay out another
half million of dollars at Carnegie
Hail. where something like 115
concerts will be pulled off during the
season. The ten Boston SYMPHONY
concerts alone will net $4,000. The
Phlharnonic. however. carries off the
palm as Il money maker. since after
paying its director $1,000 for each per-
Torrance it nets more than 5000 on
each rair of concerts. either concerts
and musicals viii add another $500 coo
to the total of 81, coo. 900 which New
York is about To blow in on music.
New York has just taken Onn more
step in the direction of assuming that
first position in the world of finance so
long occupied hy London and contested
by Berlin and Paris. Il position of
honor and power which has counted
for much in maintaining the buastcd
English trade supremacy, now steadily
and rapidly giving way before the
advance of Yankee energy. The latest
step in this invasion Is revealed in the
announcement that prominent New
York financial interests have just
established an American bank in
Berlin with a capitalization of 25,G00,-
900 marks. The chief aim of the new
bank. it is stated, will be the promo
ton Of commercial and industrial rcla-
tons with the United States ana other
countries of the three Americas. 1t
is only in recent years that such an
advance has assumed important pro-
portions. Practically the first move
on the part of American financial
interests in the direction of extending
trade through facilities afforded hy the
establishment OF American banks in
foreign countries was made in cuba at
tn" clos" Of the Spanish American
war, When thu Trust Company Of
America, Their acting as fiscal agent IN
the island for the United States
government, replaced the cumbersome
ana practically useless Spanish bank
ing system by modern methods Since
that time Americans have invested
about $1.50o.OJ0 in banking enterprises
in Havana, 4 Singl" bank established
in that city within 4 few months hav-
ing been capitalized at $4,000. 900.
Now Americans enjoy practical
monopoly Of Cuban trade
Six thousand one hundred and sev-
"nty three p"opl" living in one city
block of tive ANA one third lcr,.S-that
is the record Of the most congestei
district in New York where human be-
inSS literally pack themselves together
almost like Sirdncs. This block is no:
as might be expected on the lower
East Side, but Oh the West Side of
Central Park between SiXty-filSt and
SiXty-Sccond streets. Altogether there
are ffty-one blocks in the city having
Il population of more than 1000 each
and Of these thlrty-s"ven are on the
lower East Side below Fourteenth
Street seven on tn" East Side above
Fourteenth Street. six on the West
SIDE and one in tie middle area now
called tn" Fifth Avenue Federation
Districts" Ovcrcrowding in the city
= und"niably on the increase and The
prophrSy of New York as the living
place of only the very rich ana the
very poor is always gaining weight.
For example in 1900 the combined pop
ulatinn of the II most congrstod blocks
was 132,AA1 Will" in 1908 the number
had Increased t. HISS. or nearly 30
600. with more than 5000 people to the
acre nothing uncommon. OF course
rents are on" great cause If congested
manila lnh
not afford III" necessary space, at the
present prices. one expert invcstiga-
tor has reported four dollars per room
per month for each room Of n five
room tenement as the lowest price at
which decency can be acquired While
the investigation showed that S1.O6i
per year was the lowest adequate liv-
ing cost for 4 man with wife and
three children. actual conditions show
mat IN many cases families of this