Word: cravath
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...Testifying in the SEC's investigation of protective committees in Washington last week, Lawyer Robert Taylor Swaine of the famed Manhattan firm of Cravath, de Gersdorff, Swaine & Wood revealed himself as one of the two real authors of that bankruptcy legislation. Other was prodigious Adolf Augustus Berle Jr. Lawyer Swaine, who hardly saw eye to eye with the young Braintruster, suavely declared that the final draft represented "blending" and '-'compromises" of their two views...
...singers a silver plaque, the orchestramen a gold plaque. From Geraldine Farrar there was a silver loving cup, another from Rosa Ponselle. The administrative assistants chose a silver fitted traveling-case. The Metropolitan directors gave a silver tray with a set of resolutions. Board Chairman Paul Drennan Cravath was more practical. His gift: a bust of Mr. Gatti to be placed in the Metropolitan. Gatti asked only for the name plates from his box and office doors, for the secret desk panel in which he used to hide his seasons' plans...
What will happen to the Metropolitan next season no one yet knows. This winter's performances are bound to eat up the small guarantee fund raised last spring. The long-discussed merger with the Philharmonic-Symphony has been definitely dropped (TIME, Dec. 24). Board Chairman Paul Drennan Cravath and his associates will soon have to meet and decide upon a successor for Manager Giulio Gatti-Casazza...
...what Dancer Page had accomplished with a comparatively new troupe, marveling at the courage and energy it required to attempt to emancipate opera ballet. After the performance Dancer Page took her first recreation in weeks, went to a champagne supper which Harold Fowler McCormick gave for Paul Drennan Cravath, chairman of the Metropolitan Opera, who traveled from Manhattan to see Ruth Page's ballets...
...plan they submitted to the Federal Court in South Bend last week bore the mark of long cogitation by their lawyers, Manhattan's famed firm of Cravath, de Gersdorff, Swaine & Wood. It satisfied all classes of creditors and it left Studebaker in rock-sound shape. High points...