Monday, May. 27, 1935
Again, Angas
British literary critics of the mauve decade were mildly amused by a gifted young man who called his very first book The Works of Max Beerbohm. Future titles might well present a problem. But merry Max Beerbohm outwitted his critics by later publishing a volume called More, then Yet Again and eventually And Even Now.
Last summer another Briton named Major Lawrence Lee Bazley Angas published a stockmarket forecast: The Coming American Boom. The breezy little pamphleteer sold tens of thousands of copies in the U. S. and gave his name to the short-lived "Angas rally" on the New York Stock Exchange. But the boom did not come. So last week Major Angas brought out The Boom Begins.*
Part I of the Major's latest pamphlet is a 53-page defense of his monetary theories, frankly written for the general benefit of his critics, the particular benefit of Banker James Warburg who ridiculed The Coming American Boom. Part II is a 22-page defense of the New Deal with some fatherly advice for President Roosevelt. The last ten pages reiterate the Major's conviction that inflation in the U. S. offers a mighty fine chance to get rich quick.
*Simon & Schuster ($2).
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