The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1909-01-24

[ lime adjournment was taken Both in
dividUals and business firms took out
/ stock IN amounts ranging between 800
and $4,000 Milton T.. Allies was an
uounccd as ChaIrmau of the finance
/ committee, and this body viii begin at
once to complete the financing Of the
project.
Sums Pledged.
The highest amount pledged was bv
Christian HeuriCh, i'm the sum of $1,000
Emil BerIiuer subscribed $4,000. Thorn
as r. Walsh, Charles G. Glover. S. w.
Woodward, for Woodward & Lothrop.
d. c. Phillips, and Levi p Morton
each subscribed $1,000, in addition TO
two anonymous subscriptions OF that
amount
As a result of the meeting the com
pany viii now make arrangements 10
purchase at once the site on Seven
teenth street, near the COrcOTan Gallery
of Art, on which an option has been
secured for the proposed auditorium
There are 10000 square feet or land 10
the site, which, it was announced, can
be bought for $4,000 As soon as the
property has been formally taken over,
plans viii be drawn uB for the c0nstTuc-
ton of the building. The amount which
IS 10 be be expended ON the structure
IS not yet known but the capitalization
of the corporation viii be increased lat
er ln order 90 secure the entire amount
necessary to complete the project.
Secretary Root Speaks.
Secretary of state EIlGu Root was
the principal speaker at yesterdays (
meeting and he declared himself to be T.
entirely in favor of the construction of +.
ii national auditorium for Washington.
The lack Of facilities Of this kind i'm F.
the National Capital was strongly dweIt /
upon i'm his speech.
"It is unIigntfcd and injurious TO .
Washington that present conditions .
should continue said ATr. Root There
is no place I'm this country to- which f.
the great body OF the American people /
are so anxious TO go as they are TO +
If you can afford Oppor-
tIuity for the multitude of people who
would come mere, you would Increase
the value Of every square foot of real
estate Ia the city.
Mcfarland Presides,
Assistant Secretary of State RoE.rt
Bacon was TO have presided over the
meeting but, on account of having an
important business engagement, was
present only a few minutes. George j..
Hamilton made the opening address
briefly setting forth the object of the
ludeTtGKiHE and stating that the capital
stock OF the corporation would be dt-
sIded into 10000 shares OF the par value
Pr so each, which, IL was desired, would
be- subscribed 10y the public al large
At the conclusion of MT. HamiIt0u.s
"euarks, Commissioner d. b. Nacfar-
and wa chosen t1 preside as chairman
over the session
Following Secretary Roots speech.
Commissioner MaCfaTlaUd delivered an .
address, of some length.
"Iu my Official capacity and i'm my .
'er5onal capacity. ] ana heartily In.
aror of the project said the Commfz- F
IoueT. 81 do not believe that &c can
all. To viii give us undisputeI pre- &
mIUeuCe as the convention city. and aE q
BUSINESS men and all citizens win share
% the large profits which will result
rom so many people coming here.
Heads the List.
When Il was announced. az the con-
msiou of Commissioner AIacrarIaud,s
peech that contributions for stock 9
would be received. in il was desired I'd. =
make amy al that time. Emil RarI.ra-
rared that He would invest 10000 fr f
ID" undertaking. This was followed E.r-. G
even other subscriptions TaagfHa. Ea- 4
Neou 500 and $1,000 An aurTarea -r IN
6VeTal minutes followed T.a Announce 20
ltut OF mo eigth subscription FUf.r. ~
-as that of christian HeUUicu for SD 900
AT the time of adjournment e5hS.rfr.- &
IONS were stIiI being made. Serar.sr z
.ere turned into the committee Hafor. IS
bee large crowd had flied out of fin. nan.
Hc total amount subscribed surrassa7
ID expectations and III was stated It- a
Ie OrIImatur- Of the movement mai \
ne success or iIa auditorium was as q.
.red and tnaI steps would be taken ar q
% 20 to purchase the property r.r the d
mldiuE. do
] nose subscribing stock Yesterday fn r
loI order were the following. q
Coutf-7 bgff5o--- Do