Sodom and Gomorrah : the story of Hollywood (1935)

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RAH American art, nor can he point out as can Ford, or Rockefell( Mellon that he has developed a. great, sound busines ise. Thus in the eyes of the M in the sight of Wall Street the motion picture pr ait. y Of course Hollywood has : W great pictures, and once upon a time the studios were making a little money, but neither oi these facts proves anything conclusively favorable to the producers. For most, if not virtually all, oi the good productions have been the inspirations of directors or writers connected with the industry, and have generally been forced on the producers, who promptly waste whatever profits accrue raising their own salaries or in general mismanagement. Even the railroads, facing a much greater problem in competition, not to mention labor pensions, are better off financially than the motion picture companies, who lack the valid excuses of the railroads for their insolvent condition. Indeed it is that the motion picture companies are worse off than the railroads, and the frightful disorder in the latter's finances is general knowledge. The producers, when criticized as they are for the bankrupt condition of their companies, howl â– pression" as loudly as possible. But an exam ination of the will prove that this stock irgument is nothing but another sophistry. True, ie depression has hurt the picture business like all other business, but it should not have damaged