Word: evens
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Dates: during 1920-1929
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...Davison Rockefeller Jr.; Editor Frank Crowninshield (Vanity Fair); Director Alfred Hamilton Barr Jr. On the walls were hung 98 canvases by the four "old masters" of modern painting: Cezanne, Gauguin, Seurat, Van Gogh. Many a guest at the opening could well remember the time when these men were not even subjects for polite conversation. There had been unwholesome tales of Gauguin, the stockbroker who deserted wife and child for the allures of Tahiti; Cezanne, the vitriolic rebel of the '90s; Van Gogh, the lunatic. They had been accused of "war madness" and of corruption. But such misgivings had long...
...less intelligent man than Robeson might well have come home in a conquering-hero frame of mind, might immediately have flaunted on his programs the classics he has been studying. A singing-actor of the first order, he might even have attempted to go into opera, although no Negro ever...
...Even in Ernst Krenek's Jonny Spielt Auf, presented last year at the Metropolitan Opera House (TIME, Jan. 28) and before that in many a European capital, there was much discussion because Hero Jonny is supposed to be a black-face comedian. The Metropolitan authorities worried about letting Basso Michael Bohnen wear full, realistic black-face makeup, thought perhaps his neck should show white to reassure prejudiced observers. At the dress rehearsal the neck was white. It looked so absurd that at the performance it was blackened like the face...
...Bull Market of 1924-29 was sired by the Golden Industrial Age of the corresponding period. It was easy, after the Market had broken, to denounce speculators as fools and speculation as vicious. Yet a few die-hards (such as Yale's Irving Fisher) maintained, even after the Crash, that quotations had never become so weirdly out of touch with reality as prophets-after-the-event were quick to label them. Given a profound conviction that the future of U. S. industry was boundless, that there was no limit to the potential value of U. S. securities, where could...
...prophet, yet apt appeared his analogy between the break on the market and a run on a bank. The Bank was U. S. Industry. Assets of the bank were the real assets of U. S. Industry. Stocks were the paper money which the bank had issued. Now all banks, even the Federal Reserve System, issue more money in paper than they have gold in their vaults. Every bank would be broken if all its depositors simultaneously attempted to exchange paper for gold. And, unhappily, the Industrial Bank had held itself to no fair ratio between cash and paper. Auburn...