Word: patronism
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Died. Otto Hermann Kahn, 67, banker, art patron; of a heart attack; in Manhattan...
...capacity was when he appeared before the Senate Banking & Currency Committee last summer, admitted that he had paid no income tax for three years, flayed speculation and generally won the hard hearts of hostile Senators by his charm and grace (TIME, July 10). After dark he was Otto Kahn, patron of arts, bon vivant, first nighter at opera and theatre. As a capitalist he preached the threadbare maxims of success, pointed with pride to the fact that he was advanced in the little bank at Karlsruhe because he licked stamps faster and more efficiently than anyone else...
Banker Kahn won his first fame at 34 by financing Edward H. Harriman in the $65,000,000 corner in Northern Pacific in 1901, pitting his skill and strength against J. P. Morgan and James J. Hill. Art Patron Kahn sank his profits into the Metropolitan Opera Company of which he was chairman for 23 years. He installed Giulio Gatti-Casazza as manager in 1908. He brought Toscanini from Italy in 1908 and Arthur Bodanzky from his own home town in Mannheim in 1915. He spent nearly $2,000,000 buying out Oscar Hammerstein's Manhattan Opera Company when...
Replied the Chancellor to the President: "We cherish as a special grace of fate that in you as the supreme patron of our will and actions we have a witness who can and inevitably must convince the whole world of the sincerity of our intentions...
...site of old Corinth, Princeton's Professor Richard Stillwell was excited when he uncovered a mosaic floor 31 by 24 ft., laid by Romans of the empire period. Its central panel depicted a palm-bearing athlete and a seated figure of Eutychia. In the nearby temple of Aesculapius, Patron of Healing, Professor Stillwell's men found terra cotta models of parts of the human body, apparently brought by invalids as votive offerings. Palestine. And when Jehu was come . . . Jezebel heard of it; and she painted her face, and tired her head, and looked out at a window...