Excerpt from Great International Expositions: Their Objects, Purposes, Organization, and Results, an Address Before the American Centennial Commission
It was started by a New York joint stock company, and the prospective dividends were discounted in the height of the excitement, leaving, in most cases, the burden Of loss to be borne by second and third hands, not by the original projectors. There were some exceptions. The Obj ects were rather to secure a grand Show, and to achieve a financial success, than to advance the higher interests of mankind.
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