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The Centennial Expenses

The Centennial Expenses image
Parent Issue
Day
18
Month
February
Year
1876
Copyright
Public Domain
OCR Text

The expenses of the Cantennial Exhibition, conducted on never so economical a ecale, will be great, and the Philadelphians, as well as the commissioners, are exercising all their brains to make it pay. The cost is estimated as follows: Main building, $1,500,000; art gallery, $1,500,000 ; machinery building, $550,000, horticultural building, $250,000 ; other buildings, with stock-yards, improvements, bridges, etc, $1,100,000. Aggregate permanent cost, $5,053,000. The presumed expense of "running" the exhibition during the 8ix months in which it is to be open, inoluding the oost of water supply, light, fuel, moving of machinery, administration, pólice and a liberal allowance of contingencies, increases this estunated total of cost to $8,000,000. The Board of Finance started out to raise this sum by sales of stock and from State appropriations. The citizens of Philadelphia furnished $1,500,000, and the State of Pennsylvania $1,000,000 from the word go. These amounts are not represented in stock. They are applied mostly to buildings, chief among which is the art gallery, which wül remain as the permanent property of the State and City. The stock subscriptions so far reach a little over $2,500,000. This leaves $3,000,000 to be raised.

Article

Subjects
Old News
Michigan Argus