The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-08-26
FL|ERS MAY PLUCK
RICHES FROM AIR.
Vast Sum in Prizes AS
sured for New York
Meet.
COMMITTEE HAS
RAISED $125, 600
This, in Addition to Large Share
Of Gate Receipts, Will Be Dis
tributed Among Airmen,
Who Will Come From
Four Quarters Of the
Globe.
fenociuIto The Times-Disnatch

tspecial to The Times Dispatch.I
New York, August 25.-The nlana2-
ers of the proposed international avia-
tion tournament, which is counted on
to give America its first real racing
contest In the air and to bring to-
gether airmen from all four corners OF
the world, received word to-day from
various quarters which makes their
task from now on definite one OF
making ready.
From the subscribers committee the
managers heard through Lawrence l.
Gillespie, Its chairman. that II was
now ready TO retire into the back
ground. having raised s125,500 which
viii be Immediately availabie for those
in charge of the sport the committee
named TO arrange with the owners or
belmont PARK reported that It's con-
tract had been duly drawn and signed
that the park was now at the dlsposal
OF the aero corporation, to be MADE
over so as to meet the needs OF tne
flyers.
The board Of governors OF the Aero
Corporation was in session TOT tnree
hours at It's headquarters In the fltth
Avenue building. considering the news
that possession OF the PARK mao oesn
obtained and that the money was IN
ne uQ 10 20 d.edu VIZ y
Decide on Division.
Before concluding their session tns
governors decided upon what ratio
Of the gate receipts is to go 70 ths
ayiators and what ratio to the man
.yemen, Their conclusion, 1t Is said.
viii cause hutter among the airneE-
The management decided TO keep
nretty we'll out Of the money, at least
until round gums have been paid all
who appear and larger sums to those
who fly with conspicuous success.
In addition to cash prizes of Soo.ooo.
the f,iers will receive 40 per cent OIL
the frat 100000 taken In after eN-
| penses are paid, and 40 per cent OF
all money over that me men @ mno
| raised the s125.0oo 20 start the pre-.
i naratory work Will not begin 90 get
| the{r money back until thu expenses
! have ALI been paid and the first s10o.-
| noo has been distributed, AND after
tha, they will be allowed to appro-
| pirate only Is per cent. OF the re-
/ ceipts.
| The opinion among the governors.
At the conclusion of their meeting, was
| tha, unless 1t rains every single day
| Of the meet the aviators VIII hnd
n,irhty good field pickings In the
| higher air avenues and not poor fare
/ In the straight-away courses ana
| lower lanes
The airmen will in fact be full part
ners In the enterprise. with guaran-
tee to begin with that will insure theH
tine recovery of the outlay necessary te
! attend and a substantial bonus In ao'
dition. !.
The distribution Of the 10 per cent. OF
The gate receipts under the S1oO,oo'
| limit will be made on an agreed scale
4 and while the details as to apportion-
ment have not yet been worked out
ltt is expected the winners OF the pr!n
cipal events will receive the larger
portions.
The f,rst protection to the aviator'
will be a fund of $4,000 reserved rTo't
the cash now provided. which VIII 8
for their necessary expenses. Aite'
that they will receive S5o,O9o IN prizes
then their 10 per cent, and on the sur
plus over 100000 the second bonus o.
40 per cent.
Ready for Actual Work.
With the preliminaries of obtainih.
the field and raising the advance money
out of the way, the actual work WI
now pass from the governors anu MI, ~
subscribers committee to the commit
+sa an arranpements, whose chairman
is Allan a. Ryan.
Mr. Ryan will be general manase 9
OF the meet, and will be In charge
all future activities. he mas opens' as
an ONCE on the eleventh floor OF IN
Fifth Avenue building. with r. ,
Battershall as his secretary. J.
) Mccoy, chairman of the aviation com
5 mittee, will take charge OF the ar
Yangements with aviators and the lis
! Of events on the program
$ The program has already been ar
ranged, he said, but Is being withhe!'
: nending fnal approval. after which !
viii he sent to all known aviators
f europe and America
= Tha work of remodeling Belmon
i parry began to-day, when workme1
v started to lay out two and one hal
g ,tlometer course directly In front
the grandstand. In addition, hvs
silometer course is being SURVEYED
which leads away over some OF tn
adjacent country. Over this cours
tbo Gordon Bennett tnternationa
trnnhy contest will be held, Glenn i
curtis and two other Americans dc
Il tending the cup against all conner:
rhe race will probably be held on tn