Final Report of the Louisiana Purchase Exposition CommissionLouisiana Purchase Exposition Commission
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Final Report of the Louisiana Purchase Exposition Commission
Louisiana Purchase Exposition Commission
Louisiana Purchase Exposition (1904 : Saint Louis, Mo.)
I failed to receive a reply to the above letter or to receive a list of
the property to be sold, and was not notified that further bids would be
received therefor. As far as I know, none of the former bidders, nor any
one else, for that matter, were given the slightest opportunity to bid
on the whole property, except the Chicago House Wrecking Company.
There seemed to be a disposition on the part of the salvage committee to
observe the greatest secrecy in procuring the bids and the awarding of
the contract. The property was not properly advertised and lists were
not furnished to bidders, as is customary in public sales, where large
amounts of valuable property is to be sold.
From the contract between the Exposition Company and the Chicago House
Wrecking Company, now a matter of record here, I have noticed the nature
of the material and property sold to the Chicago House Wrecking Company,
and had I been furnished a list of that property I would have bid
$750,000, all cash, and would have made a great profit on it at that
price. If the property had been properly listed and widely advertised,
much higher bids would have been made. If the property had been properly
advertised and had been sold at public auction, in detail, I am safe in
saying that the Exposition Company would have realized more than
$1,000,000 out of the salvage. In my opinion the property delivered to
the Chicago House Wrecking Company was of the market value of fully
$1,500,000.
H.S. ALBRECHT.
Subscribed and sworn to before me this 16th day of March, 1905. My
commission expires on the 22d day of July, 1909.
[SEAL.] IRA C. MONEY,
_Notary Public, City of St. Louis, Mo._
STATE OF MISSOURI, _City of St. Louis, ss:_
Before me, this the 16th day of March, 1905, personally appeared Charles
L. McDonald, who, being duly sworn, on his oath says:
My name is Charles L. McDonald. I reside in the city of St. Louis. Am
connected with the St. Louis Steam Forge and Iron works. I saw by the
St. Louis Globe-Democrat of October 17, 1904, that Mr. Isaac S. Taylor,
director of works of the Louisiana Purchase Exposition, had requested
sealed proposals addressed to the "Committee on Salvage and Sale of
Buildings," for the wrecking and removal of certain exhibit buildings
now on the World's Fair grounds, and that specifications and
instructions for the above-mentioned work and drawings and
specifications of the buildings to be wrecked could be seen at the
office of Mr. Taylor. All bids were to be in Mr. Taylor's office by 12
o'clock noon of Thursday, November 10, 1904.
Public-domain text, read in full here on John Shaqi.
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