Clipping:New York Club (NL) finances; ownership
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| Date | Tuesday, July 15, 1890 |
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| Text | A. G. Spalding denies the story sent out from Chicago that he came to New York for the purpose of buying out the controlling interest in the National League team. Mr. Spalding was seen at his New York office yesterday. He said he had not come for any such purpose, and denied that he was or intended to become interested in the New York Club. “I understand,” said Mr. Spalding, “that some of Mr. Day's friends have persuaded him to increase the capital stock of the New York Club to $100,000 and give them an opportunity to become associated with him in the enterprise. This confidence in the ultimate success of the National League in their fight with the Brotherhood and the value of a League franchise in new York is substantially shown by their eagerness to take all the stock they could get. Mr. Day tells me that he could increase it to $200,000 if necessary, and have all the stock taken. Of course many clubs in the League and Brotherhood organizations will lose money on this season's business, and all hands will continue to lose money as long as this foolish war continues, inaugurated as it was by a a few over-enthusiastic but misguided players, urged on and assisted by plunging speculators, who saw 'millions in it.' I see no reason to change the opinion I expressed early in the season that professional base ball had received a serious blow by this Players' revolt. In fact, as the season continues it must have become apparent to the most enthusiastic support of the Brotherhood movement that such is the case. |
| Source | New York Sun |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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