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sition. That before any part of this appropriation is paid, as hereinbefore provided, the said Jamestown Exposition Company shall execute, to the satisfaction of the Secretary of the Treasury, an instrument in writing giving and securing to the Government a first lien upon its real estate, buildings, and appurtenances, and its said gross receipts, and said exposition company shall at the same time guarantee to the said Government, under suitable penalties, that the said gross receipts are then entirely free from liens, mortgages, or other encumbrances, and that it will not pledge or in any way encumber or dispose of the said receipts so as to injure or affect the right of the Government to first receive therefrom the amount to be returned to the Treasury, as herein provided, and that the expenditure of the amount hereby loaned shall be only for such objects and purposes connected with or necessary to the completion of the said exposition buildings and grounds and other purposes connected with said exposition as the Secretary of the Treasury shall approve. The said Jamestown Exposition Company shall repay into the Treasury of the United States the said sum of eight hundred thousand dollars, as follows: On the thirty-first day of May, nineteen hundred and seren, said Jamestown Exposition Company shall report to the Secretary of the Treasury in detail the total amount of all said gross receipts received by said company to May thirty-first, and forty per centum of such receipts shall at the same time be paid to the Secre tary of the Treasury, and thereafter, during said exposition and until the sum of eight hundred thousand dollars shall have been fully paid, as herein provided, a like detailed report of said gross receipts shall be made by said Jamestown Exposition Company on the fifteenth day and the last day of each month, respectively, and at the same time forty per centum of said gross receipts shall be paid by the said company to said Secre tary of the Treasury: Provided further. That from and after the fifteenth day of July, nineteen hundred and seven, and until the said sum of eight hundred thousand dollars shall have been fully paid, each of the said payments on the fifteenth and the last day of each month, respectively, shall not be less than eighty thousand dollars: And provided further, That if at any time after said exposition company has received the amount hereby appropriated it makes default in the appli cation or in the repayment of said sum, or any part thereof, as herein required, then and in that case the Secretary of the Treasury is hereby authorized by his agents and representatives, by him selected and appointed, to collect, receive, and control all the said gross receipts until the full sum of said eight hundred thousand dollars has been collected and repaid into the Treasury of the United States, as herein provided, and shall have access to and control of all books of accounts and contracts of said company. And the Secretary of the Treasury shall in such case first pay out of the money so collected such operating expenses as in his judgment and discretion are necessary and appropriate, and at no time in excess of said gross receipts, and he shall not, under any circumstances, incur any debt or other obligation for which the Government of the United States would in any way be liable. In accepting the amount herby appropriated the said Jamestown Exposition Company shall be taken and held to agree to all the terms and conditions upon which the same is made and upon which the same is to be repaid into the Treasury of the United States.

The committee recommend that amendment of the Senate numbered 2 be disagreed to.

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From the sale of 500,000 preferred stock (paid up to date) 500,000 common stock (paid up to date)

Total.....

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There are two different issues of stock; the preferred stock, of which there is but $500,000. The preferred stock under our prospectus was assessable to the full amount of the face value, covering different periods. The common stock became surety for the preferred stockholder, and under our prospectus was only assessed for calls amounting to 28 per cent; the remaining calls being subject to the exposition authorities if it became needed to protect the preferred stockholders or creditors of the company.

Buildings, etc., in course of construction and constructed by the Jamestown Exposition
Company.

Buildings in course of construction and constructed by the Jamestown
Exposition Company, including grounds, real estate, etc. (no liens)... $1, 400, 000
Street improvements, water mains, reservoir, sewerage, surface drainage..
Electric-power plant, insulation or wiring, on the grounds, in the build-
ings, etc..

Total.....

560,000

300,000

2,260,000

STATE BUILDINGS.

State buildings in course of erection and under construction, 19 costing about.....

Eleven State buildings to be constructed

Total amount appropriated by our State for their participation....

UNITED STATES GOVERNMENT.

United States Government appropriation

$400,000

165,000

565,000

1,300,000

$1,300,000

Ten buildings have been contracted for, together with the ornamental piers and basin.

CONCESSION BUILDINGS.

There are 60 buildings being constructed in the concession department at
a total cost of over.
This does not include the Inside Inn hotel under concession, consisting
of 800 rooms, costing about..

$1,000,000 300,000

PARTICIPATION OF PATRIOTIC, FRATERNAL, RELIGIOUS, SEMIMILITARY, AND STATE MILITIA.

The participation of patriotic, fraternal, religious, semimilitary, and State militia number over 150 of these various organizations, and have selected the dates and time for their annual meetings of their various bodies.

The membership of these various organizations number over 1,800,000 persons.

H R-59-2-Vol 1-48

POPULATION.

Four hundred and fifty thousand people live within two hours ride of the grounds. Within twelve hours ride there are 21,000,000 people, and within twenty-four hours ride there are half the population of the country.

TRANSPORTATION FACILITIES.

Steam (representing 21,000 miles of railroad track).—Norfolk and Western Railroad, Atlantic Coast Line, Seaboard Air Line, Chesapeake and Ohio Railroad, Norfolk and Southern, New York, Philadelphia and Norfolk Railroad, and Tidewater Railroad.

Water.-Daily line of steamships to New York, 5 steamers sailing to Boston every week, 3 steamers to Providence, R. I., every week, 3 steamers to Philadelphia every week, 2 daily lines to Baltimore. 2 daily lines to Washington.

This does not include river and inland navigation. Easy access to the grounds is assured by ferries, three electric lines, and steam lines.

[Letter of the Jamestown Tercentennial Commission.]

TREASURY Department, Washington, December 14, 1906.

MY DEAR SIR: In response to the verbal request to the Committee on Industrial Arts and Expositions of the House, made to the Secretary of War for a report by the Jamestown Tercentennial Exposition Company, of $1,000,000, the Commission beg leave to submit the following:

The bill is practically identical in phraseology with the law which authorized the loan of $4,600,000 to the Louisiana Exposition Company.

Whether the proposed loan ought to be made is a question to be determined by the legislative department, and the best this Commission can do is to report the facts necessary to enable the Congress to reach a wise conclusion.

Unfortunately there is very little information on which to base an accurate estimate. Assuming that the claim of the board of governors relative to previous expositions is correct, the following facts appear:

The Trans-Mississippi Exposition at Omaha continued six months and had an aggregate attendance, in round numbers, of 1,800,000.

The Pan-American Exposition at Buffalo continued five months and had an aggregate attendance, in round numbers, of 5,300,000.

The Louisiana Purchase Exposition continued five months and had an aggregate attendance, in round numbers, of 12,800,000.

If the Tercentennial Exposition can be managed relatively as economically as the one at St. Louis and has a paid attendance of 3,000,000, it will be able to pay the proposed loan. What the attendance will be no one can foretell. The exposition is to continue seven months. There are many new and interesting features. There is to be a great naval display and a great military display. It is a seashore resort. The population that can reach the exposition in twelve hours is probably as large as that contiguous to any previous exposition, while one-half of the population of the United States can reach it in twenty-four hours. While the railroad facilities are not as extensive as at most of the other expositions named, yet seven trunk lines enter Norfolk. In addition to this, there are regularly established steamship lines to Norfolk from Providence, Boston, New York, Philadelphia, Baltimore, Washington, aud Richmond. Several other lines of coastwise steamers touch at Norfolk, and, in addition, there are five trans-Atlantic lines, though of irregular sailings.

The board of governors report association and church meetings with an aggregate attendance of a little over 1,000,000 actually pledged. This is exclusive of military and semimilitary organizations from the several States and different colleges.

If the exposition should be a failure, the Government would doubtless suffer some loss; but in view of the important interests involved and the Government expenditures already made, the Commission considers the risk one that can reasonably be assumed.

If the bill should pass, the Commission recommends the following amendments: Line 2, page 4, omit the words "and in the same manner."

Lines 8 and 9, page 4, omit the words "forty per centum of said gross receipts." Strike out from line 14 to line 19, on page 4, inclusive, the words "the Secretary of the Treasury is hereby authorized to supervise the collection and take possession of all said gross receipts and continue such supervision and collection until the full

sum of said $1,000,000 has been collected and repaid into the Treasury of the United States, as herein provided," and insert in lieu thereof the following:

"The Secretary of the Treasury is hereby authorized, by his agents and representatives by him selected and appointed, to collect, receive, and control the said gross receipts until the full sum of said $1,000,000 has been collected and repaid into the Treasury of the United States as herein provided, and shall have access to and control of all books of accounts and contracts of said company; and said Secretary of the Treasury shall in such case first pay out of the moneys so collected such operating expenses as in his judgment and discretion are necessary and appropriate.

Respectfully,

L. M. SHAW.

WM. H. TAFT.

Hon. WILLIAM WARNER,

Chairman Committee on Industrial Expositions,

CHARLES J. BONAPARTE.

United States Senate.

DATA AS TO EXPOSITIONS.

For the information of the House the following data, published in "Hearings before the Committee on Industrial Arts and Expositions," under date of February 19, 1906, is herewith submitted.

Synopsis of general legislation relative to the various expositions held in the United States, beginning with the Centennial celebration at Philadelphia in 1876. CENTENNIAL CELEBRATION AND INTERNATIONAL EXHIBITION, 1876, PHiladelphia, pa. Appropriated for Centennial buildings

(To be returned provided any surplus remained in the treasury of the
Centennial board of finance after the payment of its debts.) Act of
February 16, 1876 (19 Stats., 4).

Appropriated for Government exhibits (to be expended by a board com-
posed of the heads of the several Executive Departments):
Act of March 3, 1875 (18 Stats., 400).

Act of May 1, 1876 (19 Stats., 45)..

$1,500,000

$505, 000

73, 500

For engraving and printing stock certificates, act of March 3, 1875 (18
Stats., 375)

578, 500

30, 750 40,000

2, 149, 250

For admission of foreign goods, act of April 17, 1876 (19 Stats., 34)

OBSERVANCE OF THE CENTENNIAL ANNIVERSARY OF THE SURRENDER OF LORD CORN-
WALLIS AT YORKTOWN, VA.

Appropriated for expenses of joint committee of the House and Senate in
arranging for the celebration, act of June 7, 1880 (21 Stats., 163)...... $20,000.00
Appropriated for expenses of entertaining visitors from France, act of
February 18, 1881 (21 Stats., 518)..

Additional appropriation for expenses in connection with the celebration,
ac: of August 5, 1882 (22 Stats., 257).
Appropriation for erection of monument at Yorktown, act of June 7, 1880,
(21 Stats., 163)....

20,000.00

32, 328.92

100,000.00

172, 328.92

Appropriated for final payment of all indebtedness, premiums, and awards, sundry civil act of March 3, 1885 (23 Stats., 512).

Appropriated for Government exhibits (to be expended by a board composed of the heads of the several Executive Departments), sundry civil act of July 7, 1884 (23 Stats., 207)....

WORLD'S INDUSTRIAL AND COTTON CENTENNIAL EXPOSITION, NEW ORLEANS, LA.

Appropriated as a loan to be repaid in full, act of May 21, 1884 (23 Stats., 28)...

$1,000,000

300,000

350,000

1,650,000

POPULATION.

Four hundred and fifty thousand people live within two hours ride of the grounds. Within twelve hours ride there are 21,000,000 people, and within twenty-four hours ride there are half the population of the country.

TRANSPORTATION FACILITIES.

Steam (representing 21,000 miles of railroad track).-Norfolk and Western Railroad, Atlantic Coast Line, Seaboard Air Line, Chesapeake and Ohio Railroad, Norfolk and Southern, New York, Philadelphia and Norfolk Railroad, and Tidewater Railroad.

Water.-Daily line of steamships to New York, 5 steamers sailing to Boston every week, 3 steamers to Providence, R. I., every week, 3 steamers to Philadelphia every week, 2 daily lines to Baltimore. 2 daily lines to Washington.

This does not include river and inland navigation. Easy access to the grounds is assured by ferries, three electric lines, and steam lines.

[Letter of the Jamestown Tercentennial Commission.]

TREASURY DEPARTMENT, Washington, December 14, 1906.

MY DEAR SIR: In response to the verbal request to the Committee on Industrial Arts and Expositions of the House, made to the Secretary of War for a report by the Jamestown Tercentennial Exposition Company, of $1,000,000, the Commission beg leave to submit the following:

The bill is practically identical in phraseology with the law which authorized the loan of $4,600,000 to the Louisiana Exposition Company.

Whether the proposed loan ought to be made is a question to be determined by the legislative department, and the best this Commission can do is to report the facts necessary to enable the Congress to reach a wise conclusion.

Unfortunately there is very little information on which to base an accurate estimate. Assuming that the claim of the board of governors relative to previous expositions is correct, the following facts appear:

The Trans-Mississippi Exposition at Omaha continued six months and had an aggregate attendance, in round numbers, of 1,800,000.

The Pan-American Exposition at Buffalo continued five months and had an aggregate attendance, in round numbers, of 5,300,000.

The Louisiana Purchase Exposition continued five months and had an aggregate attendance, in round numbers, of 12,800,000.

If the Tercentennial Exposition can be managed relatively as economically as the one at St. Louis and has a paid attendance of 3,000,000, it will be able to pay the proposed loan. What the attendance will be no one can foretell. The exposition is to continue seven months. There are many new and interesting features. There is to be a great naval display and a great military display. It is a seashore resort. The population that can reach the exposition in twelve hours is probably as large as that contiguous to any previous exposition, while one-half of the population of the United States can reach it in twenty-four hours. While the railroad facilities are not as extensive as at most of the other expositions named, yet seven trunk lines enter Norfolk. In addition to this, there are regularly established steamship lines to Norfolk from Providence, Boston, New York, Philadelphia, Baltimore, Washington, aud Richmond. Several other lines of coastwise steamers touch at Norfolk, and, in addition, there are five trans-Atlantic lines, though of irregular sailings.

The board of governors report association and church meetings with an aggregate attendance of a little over 1,000,000 actually pledged. This is exclusive of military and semimilitary organizations from the several States and different colleges.

If the exposition should be a failure, the Government would doubtless suffer some loss; but in view of the important interests involved and the Government expenditures already made, the Commission considers the risk one that can reasonably be assumed.

If the bill should pass, the Commission recommends the following amendments: Line 2, page 4, omit the words "and in the same manner."

Lines 8 and 9, page 4, omit the words "forty per centum of said gross receipts." Strike out from line 14 to line 19, on page 4, inclusive, the words "the Secretary of the Treasury is hereby authorized to supervise the collection and take possession of all said gross receipts and continue such supervision and collection until the full

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