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THE PAN-AMERICAN EXPOSITION AT BUFFALO came to an end on November 2. Although its closing days were disfigured by one of the saddest tragedies in our history, the fair will be long remembered as a fine display of the artistic taste as well as the enterprise and courage of the people of Buffalo. It is needless to say that it did not pay. The public expectation of grandeur has been so developed that now the only alternative presented to the directors of a world’s fair is to disappoint the public or disappoint the shareholders. Financially, the great Chicago exposition was not a success. The last Paris exposition failed by many hundreds of thousands of francs to make both ends meet. Whether these expositions are good for the city that holds them is a question. At all events, they are good for the people who attend them. No one who went to Buffalo this summer or fall will soon forget the beauties of the exposition or the hospitality of the people. But something besides kind remembrances is required by those who invest their money in these vast enterprises, and it is a question whether the public has not had enough world’s fairs for the present. Perhaps their appetite may be sufficiently refreshed before the great exposition at St. Louis throws open its gates.