Never long on inrushing angels, Broadway last week was vigorously fearful that it might soon be running out of fools as well. What alarmed producers, agents and theater owners was the New York Times, which had just published its annual article proclaiming the Broadway season a historic disaster. During the 1962-63 season, said the Times, "investors lost $5.574,944." Faced with such figures, could Broadway ever find another investor?
But the funereal figure, first of all, was incorrect in the Times's own terms.
After adding up the $5,574,944 in losses, the paper listed nine...