DailyTimeCapsule brief
December 24, 1932
On December 24, 1932, a significant financial event unfolded as the British government shipped $7,563,800 in gold to settle war debts, with an additional $2,800,000 from France also on its way. This shipment was part of a larger effort to stabilize foreign exchanges, with the sterling at $3.33 1/2, the French franc at 3.90 1/2 cents, and the Dutch guilder at 40.17 cents. In the social sphere, Baltimore celebrated the wedding of Miss Ethel Martien to George H. Blackwell, attended by five bridesmaids. Meanwhile, a curious incident occurred at the Philadelphia Academy of Fine Arts, where a thief cut a prized painting, Hilda Belcher's 'Portrait by Night,' from its frame, showcasing the increasing challenges of securing valuable artwork during a time of economic strain across the nation and beyond. This day captured a blend of financial commerce, personal milestones, and criminal intrigue amidst the backdrop of the Great Depression.
Key developments
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On December 15, 1932, the first shipment of British gold amounting to $7,563,800 was received as payment towards war debts. Additionally, $2,800,000 was received from France, with foreign exchanges showing stability. This influx of gold came at a time when economic conditions were precarious during the Great Depression.
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On December 24, 1932, Ethel Martien married George H. Blackwell in a ceremony held in Baltimore. The bride was attended by five bridesmaids, highlighting the festive occasion. This event was noted in local newspapers, celebrating the union of two prominent families.
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On December 24, 1932, a daring theft occurred at the Philadelphia Academy when an artwork titled 'Portrait by Night' by Hilda Belcher was cut from its frame. The thief, referred to as the 'Noonday Thief,' managed to slip away unnoticed, leaving the art world in shock. This incident raised concerns about art security and the protection of valuable pieces in galleries.
