NEED MONEY: THE GUGGENHEIM STORY by Milton Lomask

NEED MONEY: THE GUGGENHEIM STORY

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KIRKUS REVIEW

This comprehensive, if ponderous, study follows closely the fortunes and achievements of five Guggenheim foundations and the remarkable family whose first members arrived in Philadelphia from Switzerland in 1874. From peddling and manufacturing stove polish the early Guggenheims enlarged their enterprises to importing lace and linens, investing in what became bonanza lead and silver mines, smelting, and finally gaining control of the American Smelting and Refining Company. The family passed through the era of the regal capitalists into the era of public service, principally through its foundations: the Daniel and Florence Guggenheim Foundation contributing to the aerospace sciences; the fellowship awarding fund -- the John Simon Guggenheim Foundation; the short lived but important Daniel Guggenheim Fund for the Promotion of Aeronautics; and best known in New York City -- the Murry and Louise Guggenheim Foundation serving the city with dental clinics and research, and the Solomon R. Guggenheim Foundation which brought into being the famous Wright-designed museum. Portraits of generations of sons and uncles here, also of rocket man Robert Goddard, Lindbergh, von Karman, Frank Lloyd Wright and others. Heavy in research and treatment. Should fringe on many reference areas.

Pub Date: April 27th, 1964
Publisher: arrar, Straus & Co.