IN THE NEWS: The National League inaugurates its Golden Jubilee Year by holding its spring meeting in the same room in New York's Broadway Central Hotel where the league was organized on February 2, 1876.
IN THE NEWS: At the American League meeting, a plan is adopted to alternate the site of future World Series openers by league rather than deciding it by a coin toss, with games 1, 2, 6, and seven in one park and 3, 4, five in the other, unless a ban on Sunday baseball interferes in one city. The clubs finishing 4th in the AL will henceforth share in the World Series pool. World Series umps get a raise to $2,500, while umps in city series will earn $700. The plan was proposed in 1924, but formally adopted at this meeting.
IN THE NEWS: John McGraw arrives in Florida and is installed as president of a real estate development near Bradenton called Pennant Park. With streets named for early Giants heroes, and lots offered for $2,500 to $5,000, McGraw hires a fleet of salesmen and heads north. NY newspapers run a series of full-page ads featuring a picture of John McGraw with the bold caption "You've followed me in baseball, now follow me in real estate." A year later, the boom will go bust, washed away by two hurricanes. McGraw will incur a loss of $100,000 after paying off close friends, players, and other investors, and will be hounded by creditors.
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