FREE BOOKS

Author's List




PREV.   NEXT  
|<   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158  
159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   >>   >|  
n to ascertain and report to the President of the United States the facts and circumstances therewith connected. These suggestions are called forth by certain statements presented to the Commission, which, if true, affect the interests of the United States as defined by section 20 of the aforesaid act of Congress. These statements relate to the specifications and instructions dated October 1, 1904, signed by Mr. Isaac S. Taylor, director of works, under which bids were to be received for wrecking buildings and structures on the exposition grounds, together with a certain contract bearing date November 30, 1904, between the Louisiana Purchase Exposition Company and the Chicago House Wrecking Company, said to be of record in the office of recorder of deeds in the city of St. Louis, book 1811, page 195 and following pages. There is obviously a marked variance between the property referred to in the specifications and instructions and the property enumerated in the recorded contract. The specifications seemed to require that 50 per cent of the amount of the bid should accompany the same in the form of a check certified by some banking institution in the city of St. Louis, and that the remainder of the amount bid should be paid upon the execution of the contract. Further, the specifications required that a bond should be filed with the Exposition Company in an amount equal to the bid to guarantee faithful execution of the terms of the contract by the bidder. The specifications expressly reserved copper wire, the intramural railway, the railroad tracks in the buildings, all machinery, etc., whereas the contract executed on November 30 seems to include all the items referred to and many other pieces of property not mentioned in the specifications. The contract as executed seems to call for the payment of $450,000, of which only the sum of $100,000 was to be paid in cash and the remainder at stated periods in the future. Instead of requiring a bond equal to the amount of the bid the bond called for in the contract is less than 10 per cent of the amount of the bid. It is alleged: First. That secrecy was observed in handling the bids for the wrecking of buildings. Second. That the Chicago House Wrecking Company was favored from the beginning. T
PREV.   NEXT  
|<   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158  
159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   >>   >|  



Top keywords:

contract

 

specifications

 

amount

 

Company

 

buildings

 

property

 

November

 

executed

 
execution
 

referred


remainder
 

Chicago

 

Wrecking

 
Exposition
 

wrecking

 
called
 
statements
 

States

 

instructions

 

United


guarantee

 

faithful

 
institution
 

alleged

 
bidder
 

banking

 

expressly

 

observed

 
secrecy
 

handling


favored

 

reserved

 

Further

 

Second

 

required

 

beginning

 

certified

 

include

 
payment
 
pieces

machinery

 

railway

 

intramural

 

mentioned

 

requiring

 

Instead

 

stated

 

periods

 

future

 

railroad