Rensselaer Journal, Volume 11, Number 22, Rensselaer, Jasper County, 7 November 1901 — THE PAN AMERICAN’S DEFICIT. [ARTICLE]

THE PAN AMERICAN’S DEFICIT.

The Pan-American Exposition, although a great artistic and educational success, closed with a deficit now estimated at not less than $4,000,000. While jthis is doubtless a disappointment to many of the stockholders who were led to believe that the balance would'be on the other side of the ledger, it is not a surprise to those who are familiar with the history of exposition enterprises and who know something about the cost of the “rainbow city” that was built upon the Niagara frontier by the public-spirited citizens of Buffalo. It was an exhibition of fine courage and business daring when Buffalo undertook to expand what was first intended to be a celebration of the achievement of harnessing the Niagara Cataract into an all-American exposition illustrating the progress of the nations of the western hemisphere. Having undertaken it, however, she carried out the Pan-American idea upon a scale of artistic beauty that captivated all who beheld it. Notwithstanding the financial deficit, the exposition, with its unequaled electrical display, will stand in memory as a superb reminder of the public spirit and enterprise of the City of Buffalo. With the dark shadow of a national tragedy over her at the time when the exposition had hoped to eqter its period of retordmaking attendance, she stilled the blare of trumpets and hushed the noise

of gala days to bow reverently and anxiously at the bedside of the stricken President. Her demeanor under this trying misfortune commanded the admiration of the nation. A shortage of four million is a small matter compared to the glory of achievement in a great artlffircUHleducational enterprise such as Buffalo bullded in the beautiful [ “Rainbow City.” V