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This Week in 1965

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Posted 24 February 2002 - 01:26 AM

This week in 1965, Moses tells Abraham D. Beame to wait like everyone else for a financial statement from the World's Fair. Mr. Beame made it just as clear that this would not satisfy him. Beame said, "Mr. Moses figures alone will not be enough," adding "We will take whatever steps are necessary to make the audit and we will make the audit." Beame planned to send city auditors to look at the books of the financially troubled fair. Moses stating, "there has been no Macedonian cry for Beame to come to Flushing Meadow on the eve of a successful reopening of the fair." this was from the New Testament XIV Acts 9, describing St. Paul's vision in which a Macedonian said, "Come over into Macedonia and help us." The Fair, Moses went on to say, "has been nonpolitical so far, lets keep it that way and not get mixed up with obscure local political shenanigans and ambitions." Beame replied, "I am sick and tired of Mr. Moses branding any honest attempt to protect the interests of our city and its taxpayers in a political vein." Adding he was authorized to examine the fair's records under a section of the City Charter empowering the Controller to investigate all matters relating to or affecting the finances of the city. On January 18, 1965 five bankers resigned from the fair's finance committee on the ground that they had not been given sufficient audited information on the fair's financial condition.
Moses closed his remarks with, "The preoccupation of some New Yorkers with running down their town and fouling their own nest has long puzzled the American hinterland. At the fair we have put our best foot forward and thousands have written in their unsolicited testimonials to say so." They are coming this summer in larger numbers to prove that this is not a place of riot wrath and tears, but one of unimagined wonders." When pressed as to what mistakes he had personally made during the 1964 season, Mr. Moses singled out the show "Wonderworld."
Two days latter Abe Beame asked Corporation Counsel Leo A. Larkin to subpoena the books of the New York World's Fair Corporation for a municipal audit.
Latter that week the World's Fair issued an audited financial report showing a deficit of $17,540,100 at the end of 1964, instead of the large surplus that had been predicted at the start of the first season.
A City Councilman named Theodore R. Kupferman (Republican-Liberal of Manhattan) asked to have Moses removed. Moses reply was, "I don't know anything that has happen that makes this news".
In 1965 the Fair needed a loan of $3,500,000 to reopen, when they couldn't raise the money from the banks, they shifted $6,400,000 from the Triborough Bridge and Tunnel Authority to the World's Fair Corporation.
Also this week in 1965, Malcolm X was shot and killed in a New York City Ballroom.

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