Art: Wasted

Most of the fine or the expensive pictures which are sold abroad (see below) are bought by wealthy U. S. collectors. Over a long period of years, perhaps as much as $250,000,000 worth of works of art have left England for the U. S. This fact has caused sentimental Britons to feel pangs of regret and it last week caused Arthur Brisbane, Hearst editor, to offer caustic reproof rather than sympathy to the sentimental Britons. Wrote rich Mr. Brisbane, whose splendid homes are by no means bare of pictures:

"Britons mourn because they have 'lost $250,000,000 in antique art.' They ought to...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!