Word: algonquin
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...Stanley & Co., the investment banking firm, Admiral Robert L.J. Long talked at length about the Soviet military threat. But at all the luncheon tables the topic of conversation was Volcker. At Manhattan's "21" Club, several businessmen were overheard discussing the Fed chairman. Eight blocks away at the Algonquin Hotel, Arthur Levitt Jr., chairman of the American Stock Exchange, and Jack Albertine, president of the American Business Conference, talked about who, if anyone, might succeed Volcker as they waited for their guests to arrive...
TIME has also learned that Special Prosecutor Silverman and his staff are looking into a meeting between Donovan and Douglas LaChance, a convicted labor racketeer. It took place in a bar at New York City's Hotel Algonquin on the evening of Jan. 10.1978. LaChance was then head of a newspaper drivers' union that had interfered with the delivery of the New York Trib, a troubled morning tabloid that failed after publishing for a mere three months. Donovan's company had invested $370,000 in the newspaper, according to Leonard Saffir, its founder and publisher. William Casey...
LaChance's union had held up delivery of 135,000 copies of the Trib and threatened to shut it down with a full-scale strike. A court ordered the deliverers back to work, but according to Saffir it was the meeting between Donovan and LaChance at the Algonquin and the subsequent phone calls the two men exchanged that caused the drivers to resume deliveries. LaChance is now serving a twelve-year prison term for extorting $300,000 from various employers...
ALEXANDER WOOLLCOTT, the broadest wit of the twentieth century, returns to abuse and tickle the audience of Howard Teichmann's elegant one man show, Smart Aleck. Peter Boyden brings a lighthearted grace to the stage as the New York Times critic and founder of the Algonquin Round table. He evokes the theater and manners of the twenties and thirties with anecdotes and witticisms and carries off Woollcott's bitchy sexlessness with impeccable style. Introducing himself as "Alexander Woollcott, an American Original," Boyden launches into an amusing biography spiced with puns and literary anecdotes...
Woollcott's best-remembered enterprise was the founding of the Algonquin Round Table, a grand gathering of playwrights, critics, writers and comics. Dorothy Parker, George S. Kaufman, Robert Benchley were all there; the Marx Brothers dropped by occasionally. Sherwood Anderson and Moss Hart were frequently in attendance. Knowing that anything witty would be printed, repeated and quoted, Woolcott directed the conversation toward the four topics that interested him: "Theater, friends, murder and anything else that interests me." The Round Table flourished. Only the flight of New York's sharpest tongues to Hollywood forced it to disband in the late 1930s...