By Moss Hart
The Dramatic tale that Capitvated a Generation
With this re-creation, the vintage best-selling autobiography by means of the overdue playwright Moss Hart returns to print within the 30th anniversary of its unique booklet. Issued in tandem with Kitty, the disclosing autobiography of his spouse, Kitty Carlisle Hart, Act One, is a landmark memoir that incluenced a iteration of theatergoers, dramatists, and basic ebook readers far and wide. The booklet eloquently chronicles Moss Hart's impoverished formative years within the Bronx and Brooklyn and his lengthy, decided fight to his first theatreical Broadway luck, Once in a Lifetime. probably the most celebrated American theater books of the 20 th centure and a wonderful memorial to a bygone age, Act One is full of all of the ask yourself, drama, and heartbreak that surrounded Broadway within the Twenties and the years earlier than international battle II.
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Additional info for Act One: An Autobiography
So the bill is written out at that exchange rate: Pay as is the custom £166 1s. 6d. (40,000 pence) in florins at a rate of 36 pence to the florin. And three months later, if all goes according to plan, we collect 40,000/36 = 1,111 florins. In six months we, the original lending bank, have made 11 percent, which is to say, an annual interest rate of 22 percent. The Medici made hundreds of these deals. Basically, the trick is that the currency quoted as a unit is always worth a small percentage more in the country of issue.
Write it down! The merchant watches patiently as the quill scratches out his entry. Literacy is on the increase. The silence of men concentrating on numbers, dates, is invaded by the clatter of carts in the street, the cackle of caged poultry, the occasional shouts of the town crier. Downtown Florence is a busy place. In the Mercato Vecchio, a couple of hundred yards away, bales of silk and barrels of grain are changing hands. The bakers shovel their bread from the communal oven. Once completed, the entry is read out loud.
The name of the deposit holder is kept secret, hence the arrangement is discreet. The holder’s return on the money he deposits is at the discretion of the banker, and thus is a gift and not a contracted interest rate at all, even if it can usually be expected to work out in the region of 8 to 12 percent per annum. Since the banks do not enter into a contractual obligation to make this gift, for that would be usury, and since, on rare occasions HW871501_Text 18/07/2013 18:03:50 24 Tim Parks when they are losing money, they will not make it, some theologians decide that the arrangement is not usury since there is no certain gain.
Act One: An Autobiography by Moss Hart