Word: arte
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Dates: during 1950-1959
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...Gnoli, an Old World newcomer of 26. exhibited a sheaf of big, clear-cut, conservative drawings at the Bianchini Gallery, found himself famed and in the money. What attracted critics and buyers alike was Gnoli's obvious mastery, modesty and calm. Though not the greatest virtues possible to art, these qualities are currently rare-and as delightful as cold water after a binge...
Gnoli was strictly raised for his profession by his father, an art expert and critic. At twelve, the boy was required not only to identify art styles at a glance, but also to imitate them precisely on paper. "Father smoked so much at my drawing sessions," he recalls, "that by the end of the day I couldn't see him across the studio. He was like Zeus on a dais; you had to cut through clouds...
...Gnoli broke his pencils and joined an Italian road company as a "no-talent" actor. Spear carrying eventually led to a promising career in theater design. But art drew him back to Rome, where he conceived the best pictures in last week's show-austere descriptions in ink of the city's dark and quiet corners: a hand laundry where only the linen sparkles, an empty tavern where the chairs seem to converse...
...sugar bowl is Massachusetts Investors Trust, oldest and big gest of the mutual funds and the one that set the pattern for all the rest. M.I.T is a child of Boston, which has raised the handling of O.P.M. (other people's money) to the status of a fine art. The art was born of an 1830 court decision, the "Prudent Man Rule." In settling a suit charging a trustee with negligence in investing in common stocks, the judge held that a trustee for someone else's money need only "conduct himself faithfully and exercise the sound discretion...
...beatnik's indolence to the dedication of a mendicant order. "Only poverty is holy," he quotes approvingly. "Moneytheism" is the tail-finned dragon that the tattered saints are fighting. All such beatnik absurdities would not matter if their writings and paintings had some value. But most of the art that Lipton's shaggy sufferers turn out is not better, he admits, than the weekend seascape by the vice president of a spark-plug firm...