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PART ONECliapter ]. Miicli Ado Aboiit SomethingHollywood, like the Land of Oz, possesses a quaint and fluty flavor: it is the place where tin Christmas trees suddenly sprout around lamp-posts in December under a ninety-degree sun, where restaurants take the shape of lighthouses and hats, ladies on Saturday nights stroll the boulevards in trousers and mink coats leading baby leopards on a leash, where morning newspapers cost five cents and evening newspapers two, and people wait in queues for unexhausting hours to witness other people pressing their hands into juicy cement.A trivial happening in Hollywood, therefore, is hugely less trivial than if the identical event occurs in Cincinnati or Jersey City, and an important one incalculably more important.So when the Ohippi Bubble burst, even people who were not stockholders devoured the Los Angeles dispatches, and overnight "Ohippi" became as familiar a catchword as "quintuplets" and "the nine old men."This is not to belittle the event itself. In collapsing Ohippi paradoxically stood on its own feet as a major calamity. And while the issue was not fought in the courts, owing to little Attorney Anatole Ruhig's foresight, a veritable battle-royal raged in print and on the streets. A wonderfully martial time it was, with Solly Spaeth's lanky son firing long-range bursts from the editorial offices of the Los Angeles Independent and unhappy stockholders alternately howling and scowling at the iron gate of Sans Souci, behind which Solly sat imperturbably counting up his millions.It was really the Eastern diagnostician's fault, for Solly would never have settled in California had the doctor not recommended its climate, its golf, and its sunbaths. Imagine Solomon Spaeth being content to do nothing but squint along the mountain-range of his belly as he lolled in the sun! It was fated that Solly should begin restlessly ruminating his capital, which was lying as idly as he in various impregnable but unexciting banks.