OPERA SUBSIDY TO GO.
COMMONS CHEER ANNOUNCEMENT. . The British Government is to suspend the opera subsidy of £25,000 a year. This announcement by the Postmas-ter-General in Parliament recently was received with cheers. ‘‘l shall not ask Parliament to make the contribution previously paid to the costs of the arrangement between the 8.8. C. and the Covent Garden Syndicate,” he declared.
“At the same time, it is to be hoped, in the interests of British opera, as well as of broadcasting, that the Corporation will render all possible help. “The Corporation has agreed to do this.”
The opera subsidy was outlined in November, 1930, by Lord Snowden (then Mr Snowden) as Chancellor of the Exchequer. It wqs to be a yearly grant of £17,500 for five years to be paid to CovcTit Garden by the 8.8. C., which was to add £7500 a year. A further £SOOO was to accrue under agreements with gramophone interests. Altogether grand opera was to be assured of an annual income of £30,000.
Mr Szarvasy, chairman of the Covcnt Garden Opera Syndicate, stated “Opera will not suffer by this arrangement. The 8.8. C. has intimated that it will fill the place of the Government.”
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https://paperspast.natlib.govt.nz/newspapers/MS19321228.2.27
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Manawatu Standard, Volume LIII, Issue 26, 28 December 1932, Page 3
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198OPERA SUBSIDY TO GO. Manawatu Standard, Volume LIII, Issue 26, 28 December 1932, Page 3
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