The news was so shocking that at first no one believed it. But there it was, on Page One, with no ifs or buts: the Metropolitan Opera had called it quits for the 1948-49 season. Reason: it was losing money too fast.
There had been hints of trouble. Last July, the Met's directors announced that the condition of the U.S.'s No. 1 cultural pride & glory was "critical." But few took the announcement seriously: hadn't the Met cried wolf before? Besides, the 65-year-old Met had just had three rare, glorious years (1944, 1945 and...
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