TIME
The Carnegie International, most important annual showing of modern art in the U. S., entered its last week in Pittsburgh. At the same time from the office of Director Homer Saint-Gaudens came gloomy news for prize-hunting painters. The Carnegie International annually distributes $5,600 in prizes. It is largely subsidized by funds left in trust from the estate of the late Andrew Carnegie, and the tide is very far out on the shores of oil and steel stocks. Director Saint-Gaudens had to announce that in 1932 there will be no Carnegie International Exhibition. God and economics willing, the show will resume in 1933.
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