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

$375, 000 500,000 common stock (paid up to date).

135,000 Total.

... 510,000 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 fuil 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.. 560, 000 Electric-power plant, insulation or wiring, on the grounds, in the buildings, etc

300,000 Total.

2, 260, 000

STATE BUILDINGS.

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

about.... Eleven State buildings to be constructed

$400,000 165, 000

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

565, 000 1, 300,000

UNITED STATES GOVERNMENT.

United States Government appropriation

$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.

$1,000,000 This does not include the Inside Inn hotel under concession, consisting of 800 rooms, costing about.....

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.

HR-59-2--Vol 148

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 aggre gate 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, and 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 aniendments: 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,

66

Hon. WILLIAM WARNER,

Chairman Committee on Industrial Expositions,

L. M. SHAW.

WM. H. TAFT.

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

$1,500,000

(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).

$505, 000
73,500

578, 500

30, 750 40,000

2, 149, 250

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

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

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

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).....

20,000.00

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

32, 328.92

100,000.00

172, 328. 92

28)..

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

$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, and Richmond. Several other lines of coastwise steamers touch at Norfolk, and, in addition, there are tive 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.

CHARLES J. BONAPARTE.
Hon. WILLIAM WARNER,
Chairman Committee on Industrial Expositions,

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

$1,500,000 (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).

$505,000 Act of May 1, 1876 (19 Stats., 45).

73, 500

578, 500 For engraving and printing stock certificates, act of March 3, 1875 (18 Stats., 375)

30, 750 For admission of foreign goods, act of April 17, 1876 (19 Stats., 34)

40,000

2, 149, 250

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)..

20,000.00 Additional appropriation for expenses in connection with the celebration, acc of August 5, 1882 (22 Stats., 257).

32, 328. 92 Appropriation for erection of monument at Yorktown, act of June 7, 1880, (21 Stats., 163).....

100,000.00

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172, 328. 92 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 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)..

300,000 Appropriated for final payment of all indebtedness, premiums, and awards, sundry civil act of March 3, 1885 (23 Stats., 512).

350,000

1,650,000

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