Friday, May 06, 2022

Today -100: May 6, 1922: Of paper money and portraits

Germany can’t print money fast enough to keep up with demand. That’s probably bad, right? They will introduce a 5,000 mark note, which is the equivalent of some money; the previous highest-denomination bank note was 1,000 marks.

Artist William Burton got a judgment against Claire Cornell, who refused to pay him for a portrait of her daughter Claire Jr. The judgment is reversed on appeal because the Appellate Division justices think the painting sucks. Experts testified on both sides about whether it looked anything like Claire. Art experts, not Claire experts.

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