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World Chess Championship 1894
The fifth World Chess Championship was held in New York (games 1-8), Philadelphia (games 9-11) and Montreal (games 12-19) between March 15 and May 26, 1894. Holder William Steinitz lost his title to challenger Emanuel Lasker, who was 32 years his junior.
==Buildup==
Reigning World Champion Steinitz publicly spoke of retiring, but changed his mind when Emanuel Lasker challenged him. Initially Lasker wanted to play for $5,000 a side and a match was agreed at stakes of $3,000 a side, but Steinitz agreed to a series of reductions when Lasker found it difficult to raise the money, and the final figure was $2,000 each, which was less than for some of Steinitz's earlier matches (the final combined stake of $4,000 would be worth about $495,500 at 2007 values〔Using incomes for the adjustment factor, as the outcome depended on a few months' hard work by the players; if prices are used for the conversion, the result is about $99,500 - see (【引用サイトリンク】 title=Six Ways to Compute the Relative Value of a U.S. Dollar Amount, 1774 to Present ) However, Lasker later published an analysis showing that the winning player got $1,600 and the losing player $600 out of the $4,000, as the backers who had bet on the winner got the rest: 〕). Although this was publicly praised as an act of sportsmanship on Steinitz's part,〔 Note this article implies that the final combined stake was US $4,500, but Lasker's financial analysis says it was $4,000: 〕 Steinitz may have desperately needed the money.〔(【引用サイトリンク】 title=The Steinitz Papers - review )〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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