Chapter 30

THE EXPOSITION OF 1876

It was fitting that the one hundredth anniversary of a great industrial nation should be celebrated by a World's Fair. Such a plan was first publicly proposed for the United States in 1870, by an association of Philadelphia citizens. It was adopted by Congress in the following year, when an act was passed creating a Centennial Commission, to consist of a delegate and an alternate from each State and Territory. The commission organized for the great and difficult work before them by choosing General J. R. Hawley, of Connecticut, president, and by appointing an executive committee, a board of directors, and heads of various administrative bureaus.

The Government declined to assume the financial responsibility of the enterprise, but in 1872 Congress appointed a Centennial Board of Finance with power to raise a capital stock of $10,000,000. Shares to the amount of $2,400,000 were soon sold to private citizens. Philadelphia appropriated $1,500,000, and Pennsylvania $1,000,000. In 1876 Congress made a loan to the Board of $1,500,000. Thus the great problem of a financial basis for the enterprise was solved.