TIME Magazine content is available exclusively for TIME subscribers.

Current subscribers for full access. Not a TIME subscriber? .

Symphony's Cost

Symphony concerts do not pay. According to Clarence H. Mackay, they cannot pay.

Mr. Mackay is President of the Postal Telegraph-Cable Co. As Chairman of the Board of Directors of the Philharmonic Society of New York, he issued a report which elaborated the unlovely fact that where there is symphony there must also be deficit.

Even with full attendance at all concerts, a symphony orchestra in any city of the U. S. would play at a large deficit. Such deficits are increasing. It is true that in recent years attendance...

Time.com on Digg

POWERED BY digg

Quotes of the Day »

ADELE, multi Grammy-award winning singer, in an interview given to Vogue before last Sunday's ceremony, on her plans to take a lengthy break. Her last album 21 was inspired by a failed relationship but the Londoner is now "madly in love"
For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.