FINANCING SOUGHT FOR WORLD'S FAIR; Hanes, Ex-U. S. Aide, to Lead Campaign -- Mayor Sure City Will Give $100,000
ex-Under Sec J W Hanes named finance com chmn for fair; total fair cost estimated at $500 million; bond issue expected to be floated in Feb; NYC to rent Flushing Meadow Park to fair com for $1 a yr; Wagner confident Estimate Bd will allocate $100,000 to prepare site; Deegan outlines plans