Evening Republican, Volume 18, Number 179, Rensselaer, Jasper County, 31 July 1914 — Federal League Losing Lots of Money is Report. [ARTICLE]
Federal League Losing Lots of Money is Report.
Conservative baseball men who are in close touch with the machinery predict that nearly half of the 16 major league clubs will lose money this year,, due to increased salaries of the players and de creased gate receipts. It is*aiso estimated that $250,000 will cover these losses, some clubs dropping as mucth as $50,000. It is also figured that the Federal league promoters collectively are losing nearly SIO,OOO a day, or $250,000 a month. Those wlho insist that they know the facts declare that when the season ends in October the Federal league will be more than $1,000,000 in the hole. It is pointed out that the St. Louis Federate already admit a. loss of $100,000; that Weegham in Chicago is at least $125,000 behind and that Kansas City, Brooklyn —and Pittsburg have burned up more than $500,000 in building stands, paying salaries and meeting other heavy expenses. President Gilmore, meanwhile, insists that the Federal league will not only survive the present season but will also take the field in 1915.
party’s affairs. The plank said that it would be the duty and privilege of every voter to have a full share in the party’s management and responsibilities. I believe that this conference will have the effect of conviheing every one in Indiana that the republican organization is standing firmly on •the 'party’s platform and intends to see- that its pledges to the people of Indiana are kept. This conference tells plainer than words can tell the story that the rank and file of the progressive party, te with ua heart and soul in their support of the party of protection."
