Difficulties With The Fair
Local hotels and other accommodations were not allowed to take reservations directly. Room reservations for everything from hotels to houseboats sold in a package with fair admission tickets through the first 11 days of the fair, handled by a central bureau, Knoxvisit. However, financial and administrative troubles pushed reservations to be taken over by PLM, which itself filed for bankruptcy and was mired in its own difficulties.
After Jake Butcher's United American Bank failed the year after the fair (on February 14, 1983, when the Federal Deposit Insurance Corporation took over the bank due to irregularities in financial records), there was speculation that the failure was due in part to his financing of the World's Fair.
Read more about this topic: 1982 World's Fair
Famous quotes containing the words difficulties and/or fair:
“So far as my experience goes, travelers generally exaggerate the difficulties of the way. Like most evil, the difficulty is imaginary; for what’s the hurry?”
—Henry David Thoreau (1817–1862)
“But it is fit that the Past should be dark; though the darkness is not so much a quality of the past as of tradition. It is not a distance of time, but a distance of relation, which makes thus dusky its memorials. What is near to the heart of this generation is fair and bright still. Greece lies outspread fair and sunshiny in floods of light, for there is the sun and daylight in her literature and art. Homer does not allow us to forget that the sun shone,—nor Phidias, nor the Parthenon.”
—Henry David Thoreau (1817–1862)