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MAJOR E. ALEXANDER POWELL (p. 577) is a distinguished war correspondent, a indefatigable traveler, and the author of many books recounting his adventures th very part of the globe.

IDA A. R. WYLIE (p. 581), the English novelist, received part of her education in Belgium, part in Germany, part at Cheltenham Ladies' College in England; she spent nany years in Germany, and is now living in New York; all of which would indicate hat she is in a position to understand the point of view of more than one nation.

STUART CHASE (D. 585), author of The Tragedy of Waste and other books, is a nember of the Labor Bureau of New York.

BERNARD IDDINGS BELL (p. 587) 18 President of St. Stephen's College, AnnanTale-on-Hudson.

DEAN INGE'S (p. 589) recent book “England" aroused much controversy and he replies to his critics with characteristic spirit.

ARCHIBALD HENDERSON (P. 599) has been a friend of Shaw's and a student of his work for many years. Dr. Henderson's biographies of Shaw are the outgrowth of long study. He is a native of North Carolina and head of the department of mathematics in the university of that State. His scientific writings are well known to scientists, and in part to the general public through his books The Theory of Relativity, and The Size of the Universe. As a historian, Dr. Henderson also holds first rank.

8. V. KALTENBORN (p. 607) is associate editor of the Brooklyn Eagle and well known as a radio broadcaster.

PAUL Y. ANDERSON (p. 615) is in Washington as national correspondent of the St. Louis Post-Dispatch.

SETH K, HUMPHREY (D. 625) gained much knowledge of the incompetent during several years of voluntary work with the Associated Charities in Boston.

WILLIAM ATHERTON DU PUY (P. 629) is an experienced Washington correspondent, and frequent contributor to leading periodicals.

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The Reader's Digest Association, Inc.,

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Note of a Great Event
Condensed from Vanity Fair (February, '27)

George Jean Nathan
VHD new Paramount Theater, dedicated to the great art of the mor-

ing pictures and lately bestowed upon the aesthetes of New York

City by those twin Lorenzo de Medicis of the 20th century, the MM. Zukor and Lasky, surpasses all expectations.

Until the Paramount Theater was opened, the amount of gilt palot used in the embellishment of a motion picture theater was never, at the greatest, more than a measly 60,000 barrels. The skimping on the part of the entrepreneurs was evident, and the movie public's indignation was more or less intelligible. That public, however, can find no fault with its latest gift. The MM. Zukor and Lasky have unbelted themselves handsomely. There is enough gilt paint in their Paramount Theater to paint all the pianos this side of the Straits of Magellan, to say nothing of the stools. The only thing in the theater, indeed, that isn't gilt is the gentlemen's lavatory, and that is a rich silver studded with rhinestones. Perhaps I exaggerate, for the MM. Zukor and Lasky have not been nasty about red paint either. Wherever there is a spot that the gilt boys missed, the MM, Zukor and Lasky have galloped forth to the cause of beauty with a pall of scarlet. There may be some of us so vulgar and untutored that, upon gazing at the resulting loterior, we are reminded of a gold-toothed colored gentleman with his mouth wide open, but who are we, as Shaw once remarked, against so many?

The lobby of the theater, together with the adjoining gilt and red marble corridor, presented on the notable opening night a sight to be related a hundred--aye, 200-years hence to posterity. Wonder lipon wonder was there to ravish the vision and enchant the psycbe. As one entered, one was received by a major domo, flanked by three minor domos, in the costumes of Nubian princes.

These salaamed low at one's approach, murmuring texts from the Koran and the Talmud as they handed one photographs of Mr. Zukor. Once past these guardians of the outer portal, one came upon no less a figure than Mr. Lasky himself, in the costume of George Washington After a recitation of the Declaration of Independence, Mr. Lasky pre sented one with a photograph of himself, and then bowed one over to a handsome figure accoutred as Vespuccl. This latter turned out to be the great Mr. Will Hays who, crossing himself, dispensed brochures illuminated with the visages of both Mr. Zukor and Mr. Lasky, aud

(Continued on page 697)

THE READER'S DIGEST ASSOCIATION, Inc.

Publication Office, Floral Park, New York

Editorial Office, Pleasantville, New York Published Monthly, 25c a copy; $3.00 a Year (Foreign, 88.25)

Entered as second-class matter, Oct. 4, 1922, at the Post Oifice at Floral Park, N. YA under act of March 3, 1879. Copyright, 1926, The Reader's Digest Assn., ISE

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Condensed from The Forum (January, "27)

Edward Elwell Whiting HE motto of Calvin Coolidge is gage on this generation. He respects

and strengthens the budget system His economy has saved the people which protects the taxpayers. Estiloney. In his first message he made mates must have presidential approval iree major proposals: economy in before going to House and Senate comublic expenditures; reduction in mittees. The system depends on the ublic taxes; reform in system of President for its eflicacy. Mr. Coolidge ublic taxation. He said, “High taxes nas made it effective. each everywhere and burden every- Economy is not niggardliness. He ody. They bear most heavily upon has approved the first non-pork-barrel he poor.” By reducing taxes he has public building bill. It provides $165,diminished poverty.

000,000, over a five year program, for Under his leadership two great tax public buildings in Washington and eduction bills have been passed. They out... The last Congress appropriated iave put $800,000,000 in the pockets of $10,000,000 to build and buy quarters he people. By reducing taxes he has abroad for our embassies, legations, ncreased government receipts. With and Consulates. Mr. Coolidge has put axes lowered on large incomes, and an end to American diplomatic squatwith about 2,300,000 individuals of ting. small incomes released from paying The Post Office deficit for the fiscal iny income taxes under the new law, year ending June 30, 1921, was $83,revenue returns promise to be larger. 348,000. It has steadily decreased since Why? Because business has new then, the last three years under courage to venture, and the nation's Coolidge. For the fiscal year 1925 it wealth is increased. “Coolidge pros- was $49,450,000. While the Post Ofperity” means less burden for the fice is approaching self-supporting people, more business done, lighter condition, the increase in the payroll burdens, and heavier savings.

for the fiscal year 1926 over 1921 due No nation in the world's history has solely to difference in higher rates of ever seen a tax reduction equal to that salaries was $93,000,000. effected by President Coolidge. He The principal of foreign loans 18 has placed no mortgage on the next $9,500,000,000. With other credits exgeneration. He has reduced the mort- tended, the total foreign obligations

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