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Dates: during 1930-1939
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...Vienna theatre, conducting an opera as if by might & main he could make its success. At 35, with deafness already upon him, Ludwig van Beethoven was presenting his Fidelia. Circumstances could scarcely have been worse. The week before, Napoleon had taken the city with the result that Austria's music patrons had withdrawn to the country. Temperature in the theatre was below freezing. Apathetic music critics found the score abounding in repetitions while the orchestra kept up a perpetual din. After three performances Beethoven's one & only opera was with drawn from the stage, branded a failure...
When Treasury issues are oversubscribed, the individual subscriptions are merely scaled down proportionately. Banks, corporations, bond dealers, private investors therefore generally ask for more securities than they really expect to get. This time the Treasury's offerings were very tempting in comparison with other Government issues, with the result that subscriptions were "padded" more than usual. Moreover, in their eagerness to get bigger allotments, some dealers persuaded friendly corporations to put in additional subscriptions for them. One Midwest manufacturer, Mr. Morgenthau declared, had sent in a "terrific subscription," obviously a "phony." All suspiciously large subscribers were...
This was to be accomplished by the simple expedient of putting the Reserve Bank chairmanships on a "purely honorary basis." Net result in the first week was the laconic announcement that services of six of the ten present chairmen (there are two vacancies) would be "terminated" at the end of April. Presumably they found an "honorary basis" somewhat hollow. Two other chairmen- Atlanta's H. Warner Martin and Cleveland's E. S. Burke Jr. - apparently accepted the "honor." Another two were lucky...
...meaning lead-like, is known in trade as "moly." Little use was found for the metal until the end of the 19th Century, when it was tried as an alloy for tool steels. Sulphur in the moly compounds then available un did what good the metal contributed, with the result that tungsten became the stand ard steel hardener. Not until the War, when it was employed in guns, motors, light armor plate, did moly impress steel makers...
...Einstein universe the velocity of light is regarded as a fundamental constant. Ten years ago Physicist Albert Abraham Michelson clocked the velocity of light between two mountains in California, got an average result of 186,284.45 mi. per sec. For further precision he built a mile-long vacuum tube. Before the measurements were complete he died. Grizzled Dr. Francis Gladheim Pease of Mt. Wilson and Fred Pearson, longtime Michelson assistant, carried on. Two years ago they announced that their measurements were showing systematic variations, an astounding situation which raised the question of whether light speed was a constant after...