Rensselaer Republican, Volume 25, Number 41, Rensselaer, Jasper County, 8 June 1893 — FINANCIAL AFFAIRS OF THE FAIR [ARTICLE]

FINANCIAL AFFAIRS OF THE FAIR

A Dbcoonfinf Outlook Receipt* Lett Thau Expenses. f There Is no questioning the fact that the finances of the World’s Fair are in a bad way. To pay out? is not expected now. The endeavor is to avoid a crash during the lifetime of the Exposition. The directors do not hesitate to speak freely on the subject, or attempt to disguise the menacing condition of. affairs. The average daily receipts of the Fair are only from about one-third to one-half of the dally expenses, though there is a growing and encouraging increase in the income, includitig the receipts from concessionaries. The directors find trouble in paying salaries, and employes in one department are made to pass one or two weekly paydays while those in other branches can be attended to. The hopefulness and confidence of the Chicagoan is shown in the remark of a director, who, after acknowledging the seriousness of the condition, said: “But I have seen a great deal sicker patient recover.” The affairs of the Exposition have been conducted in the most lavish way from the start, and a crash is not beyond the possibilities. Three thousand names have been stricken from the pay-rolls, and the executive committee find themselves confronted with a hercuean task, but aver iheir ability to pull through. ;