The New York herald., 1921-12-01
Records of Boxing Bouts
Which Lost Money for In
ternatiOnal Gone Over.
MONDAY FIGHTS ARE OFF
Committee in Harmony Hopes
to Bring About Complete
Reorganization.

A committee of members of the In
ternational Sporting Club began an
investigation OF the tangled financial
affairs OF the organization yesterday,
through which they hope to find out
what has become of the $780, 900 sub
scribed or collected by members who
each purchased a $500 per cent. de-
benture bond. Under the original
plans of the club the greater part of
This sum was to go toward the pur-
chase of property at Lexington avenue
and Forty-ninth street and the erec-
ton of a clubhouse there which was
10 have been the last word in boxing
club construction.
The building site was bought through
the activities OF William A. Gavin, one
OF the founders of the club. who recently
severed his connection with the organ
1zation and sailed for England. The
buildings on the site were torn down.
excavation begun and $4,000 worth of
steel girders purchased for the new
structure. But this was about as far as
Thc actual building ever got Differences
erose almost at once between Gavin and
a. j. Drexel Eiddle. one of the founders
and the first president of the club, and
Mr.. Biddle resigned because he thought
TOO much money was being spent on
organization and not enough on build
ing.
Frank Boland, counsel for the Hotel
Mems Association. was made chairman
OF the committee which will investigate
the affairs OF the club. Other members
are Gutzon Borglum, the sculptor. who Is
president of the organization ]. G..
Boggs, owner of the Laurelton Hotel.
end J. H Jowett. vice-president of the
1ngersoll- Rand Company at IL Broad
way. George w Sweeney. vice-president
of the Bowman Hotel Corporation.
handed In his resignation as a member
of the committee at the outset of the
meeting, and Mr.. Boggs was chosen to
take his place. Mr.. Sweeney said he
could not spare the time for the investi-
cation. which probably will take about
ten days. Meanwhile the club has can
celled the boxing bouts which It was to
have held next Monday night in the
Central Opera House,
Yesterdays meeting OF the committee
in offices occupied by the club was secret.
Not even Tex O'Rourke, executive secre-
tary OF the club, was allowed to hear
what went on. He sat IN the outer
Office and from time to time sent records
into the council room by a woman stem
ographer. Most of these records related
TO the several bouts which the club has
staged in New York and vicinity. includ-
ing the Carpenter r-Levinsky fight in
Jersey City for the light heavyweight
title. which the Frenchman won.
IL developed at the meeting that the
total receipts OF this fight were about
100000 yet the International lost sew
crsl thousand dollars on the affair. II
was reported at the time of the fight
taat Carpenter received a purse Of from
$4,000 60 $4,000. but It was learned
yesterday that in reality he received but
S2S.000. while Levinsky. who fought on
2 percentage basis. received about
$4,000. About 1900 ringside seats were
distributed free to members of the club.
Mr.. Boland said the members Of the
investigating committee are in absolute
harmony. and that they all recognize
the necessity of reorganizing the affairs
OF the organization. Much OF the work
Is being based on Information obtained
md given TO the committee by Mr.. Bor-
clum. who made a speech from the ring
IN the Central Opera House Monday
right and said that II the high ideals of
the club could not prevail he would lead
a movement for the repeal of the boxing
law. In making a speech at the same
time Mr.. Boland said that among the
expenses OF the club. as shown by the
books. was s17, 900 for sculpture. This
viii be taken up durinr the investigation,
with the intention OF determining why
tho club found IL necessary to have so
much ~culpture