This was the most beautiful circus ticket wagon ever. It's a shame it got the torch with all the wagons left there. Several fans tried to save some of the old wagons but RBBB would not hear of it.
I've heard a tale that Indiana circus enthusiast Chalmer Condon really tried his best to save this Great Wallace vehicle but was rebuffed at every turn. They would not even let him salvage a wheel, just nothing. It may have been that the destruction of the vehicles at Peru was ordained by North's agreement with the IRS, perhaps in relation to the settlement of his Uncle John's estate. The mass burning was a way to reduce the assets on the balance sheet, an offset to taxes that couldn't be paid for lack of cash. In reality, the wagons had very little market value at the time, as use vehicles or antiques, yet JRN likely convinced the IRS that their loss was worth thousands and thousands of dollars. The men setting the torches to the vehicles were simply following orders from the top.
2 comments:
Richard Reynolds says - -
This was the most beautiful circus ticket wagon ever. It's a shame it got the torch with all the wagons left there. Several fans tried to save some of the old wagons but RBBB would not hear of it.
I've heard a tale that Indiana circus enthusiast Chalmer Condon really tried his best to save this Great Wallace vehicle but was rebuffed at every turn. They would not even let him salvage a wheel, just nothing. It may have been that the destruction of the vehicles at Peru was ordained by North's agreement with the IRS, perhaps in relation to the settlement of his Uncle John's estate. The mass burning was a way to reduce the assets on the balance sheet, an offset to taxes that couldn't be paid for lack of cash. In reality, the wagons had very little market value at the time, as use vehicles or antiques, yet JRN likely convinced the IRS that their loss was worth thousands and thousands of dollars. The men setting the torches to the vehicles were simply following orders from the top.
Post a Comment