In discussing the problem of Saving - i.e. the problem of balancing the present against the future - Mr. Kahn will consider the different forms of saving by the consumer as regards (i) consumption capital, (ii) revenue capital and (iii) human capital. In the case of (iii) human capital, he will particularly enlarge upon expenditure on education. Finally, the discussion widens to a consideration of the national aspects of saving and investment.
Bernard Ross (baritone)
The Wireless Symphony Orchestra
Conducted by Percy Pitt
Overture, 'Die Feen' ('The Fairies')
As a youngster, Wagner was naturally strongly influenced by Weber, whose romantic operas were then being hailed by Germany, and particularly young Germany, with a whole-hearted enthusiasm. His first opera, though not actually his first attempt, is very much on the lines of the Weber stories, with a strong supernatural element. He was just twenty and in his first theatrical post, chorus master in the Opera at WÃ¼rzburg. His duties left him ample spare time, and he wrote both text and music of this three-act opera, finishing it within the year 1833. It was never performed until after his death, Munich giving it as an act of piety in 1888. The story is a well-known one, though Wagner altered it somewhat. A fairy loses her heart to a mortal; she is allowed to become a mortal herself, to wed him, only on condition that he shall not turn from her, however repulsive may be the shape into which she is transformed. In most versions of the story, she becomes a snake, but Wagner makes it a stone, which is restored to life and beauty, by the passionate song of the lover. Nor does she go with him into the everyday world; by the grace of the fairy king, her lover is admitted, along with her, to Fairyland.
Only the Overture is now heard. There are traces of Weber's influence in the soaring melody which comes from the fairy's song in the second Act of the opera, but the later Wagner is foreshadowed, too. One of the themes, for instance, is almost the same as a phrase in Elizabeth's Greeting to the Hall of Song in TannhÃ¤user. And already Wagner has clearly mastered the art of working his music up to an impressive climax.
Bernard Ross and Orchestra
O Star of Eve ('TannhÃ¤user')
Albumblatt (Album Leaf)
Prelude and Finale ('Tristan and Isolda')
Bernard Ross and Orchestra
Wotan's Farewell and Fire Music ('The Valkyrie')
(For cast, etc., see centre of page)
The Play opens in the New York apartment of Neil McRae. Neil is a young musical Composer, rich in talent-but poor in wealth. His two friends are, Cynthia Mason-living in the same building-and Doctor Rice, from Chicago.
You will meet also in this play the Cady familyj who come from Neil's old home in Livingstone. The Cady's are rich in worldly wealth, but poor -where Neil is rich.
Neil has a problem to solve, and all these people play their part in it-will genius starve in a garret, or will material prosperity quench the divine fire?
His friends suggest the safer alternative, but Neil, during sleep, learns the truer way. He dreams — and wakes to find his problem solved.
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