Word: accruals
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Dates: during 1930-1939
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...about 15 years Mr. Widener has been administrator of Philadelphia's Wil-stach Fund, income from which must be used to buy paintings for the city's Pennsylvania Museum of Art. With the seven-year accrual of $160,000 in his drawing account and his usual pearl-grey fedora on his head, Turfman Widener set out for Europe last year to scout for bargains. "I am not sympathetic with modern art," said Mr. Widener blandly. "What I think we should do is acquire the classics-those paintings which have lived through the centuries." Uppermost in Mr. Widener...