Final Report of the Louisiana Purchase Exposition CommissionLouisiana Purchase Exposition Commission
History
Final Report of the Louisiana Purchase Exposition Commission
Louisiana Purchase Exposition Commission
Louisiana Purchase Exposition (1904 : Saint Louis, Mo.)
After the first bids received under the specifications referred
to in the tenth allegation had been rejected because they were
in the opinion of the salvage committee wholly insufficient, new
bids were asked for all of the salvage of the company including
such right and title as it might have in the copper wire, in the
electric lights, in the iron piping, in the fire apparatus,
etc., with the exceptions of the intramural cars and equipments
and the property of the General Service Company. From that time
to the acceptance of the proposition to sell the Chicago House
Wrecking Company the negotiations proceeded on the plan that the
Exposition Company would sell all right, title, and interest to
its property with the exceptions of the cars and equipments and
property of the General Service Company.
Under the original specifications a certified check for one-half
of the amount of the bid was required and the terms were half
cash, but this requirement and these terms did not enter into
the negotiations following the rejection of the first bids. All
bidders showing a disposition to bid for right, title, and
interest of the Exposition Company to all salvage except as
stated were treated alike. Certified checks were not required on
these later bids. The negotiations were carried on verbally with
the bidders in turn, it being understood that the company would
insist upon what it deemed to be an adequate cash payment when
the contract of sale was concluded.
The secretary of the company is authorized to say that the
executive committee courts the fullest investigation of all
circumstances connected with the sale of the salvage and that if
the National Commission shall deem it necessary to include in
its report mention of the allegations contained in the letter of
the president of the Commission, dated February 28, the
committee asks that in justice to the Exposition Company such
investigation shall be made and the conclusions of the
Commission shall be given.
Very respectfully,
WALTER B. STEVENS,
_Secretary._
Mr. LAURENCE H. GRAHAME,
_Secretary National Commission, Washington, D.C._
Another communication bearing on the disposition of the salvage was
received from Mr. Stevens, as follows:
MARCH 23, 1905.
DEAR SIR: At a meeting of the National Commission on the 20th
the suggestion was made by a member of the Commission that the
answer to allegation third did not fully cover the ground. The
allegation and the answer were:
That the exposition officials rejected higher bids than that of
the Chicago House Wrecking Company, so that the latter might
have further opportunity to raise its figures.
Answer. No higher bid was received either before or after the
sum of $450,000 had been agreed upon to be recommended by the
committee on salvage.
Public-domain text, read in full here on John Shaqi.
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