Sunday, October 19, 2008

Glimpses of the Moon Musical

Back by Popular Demand… Glimpses of the Moon: A Jazz Age Musical
We invite members of the Edith Wharton Society and friends to attend performances of the new musical adaptation of Edith Wharton's 1922 novel, GLIMPSES OF THE MOON. This sparkling Jazz Age musical will be presented at the famed Oak Room of the Algonquin Hotel in Manhattan on Monday evenings at 8 pm, starting on October 27th, 2008.

Set in 1922, an age of anything but innocence, GLIMPSES OF THE MOON follows the jazzy whirl of New York society. With plenty of friends but little money, Susy Branch and her friend Nick Lansing devise a clever scheme to live beyond their means. They'll marry and live off the wedding gifts while they help each other trade up to millionaires. The plan works perfectly – until they fall in love.

The musical is directed by Marc Bruni (Associate Director of Legally Blonde and Grease on Broadway) and choreographed by Denis Jones. The cast of six includes Autumn Hurlbert (Legally Blonde) and Chris Peluso (Mamma Mia) as well as special guest appearances by popular cabaret artists. The adaptation and lyrics are by Tajlei Levis with music by composer John Mercurio. The show is produced by Sharon Carr Associates.


For tickets, contact ticketweb.com or call 866.468.7619. Mention code EWMOON for a special discount for friends of the Edith Wharton society. Group discounts are available – please contact info@glimpsesOfTheMoon.com for further information and group sales.

Thanks to an enthusiastic response from critics and audiences, the show sold out its entire run last winter. The show is now returning to the Oak Room with performances every Monday night at 8pm, starting October 27th. The Algonquin Hotel is located at 59 West 44th Street, between 5th and 6th Avenue, in Manhattan.

The critics rave...


"One of the best new musicals I've seen in ages" --Duncan Pflaster, BroadwayWorld.com

"Glimpses of the Moon has already bested most of the current crop of musicals for civilized entertainment" --Michael Dale, Showtime!

"A one of a kind New York experience... Don't miss getting a glimpse of this moon!" --Bixby Elliot, Yahoo Broadway.


We hope you will join us for a wonderful evening in the Oak Room.

Friday, September 26, 2008

Hope for historic home

From the Berkshire Eagle:

Though The Mount's leaders won't reach the $3 million fundraising target by Oct. 31 required by Berkshire Bank, $1.3 million has been raised through the "Save the Mount" campaign launched last winter, and more is anticipated in coming weeks, said the Mount's acting president, Susan Wissler. She said the chances are good that a donor will agree to step forth as well to match what funds are raised by Oct. 31.

Wednesday, September 10, 2008

Landmark trying to avoid foreclosure

From the Albany Capital News 9 site:

Landmark trying to avoid foreclosure
Updated: 09/10/2008 06:57 AM
By: Ryan Burgess

LENOX, MA - Wendy Gash has been a tour guide at this National Historic Landmark in Lenox called The Mount for years. She said a lot has stayed the same on the tours she gives, except for how she says goodbye to the guests.

"I have a little ending to my tour. I tell them, if you've enjoyed yourself, bring all your rich friends who have an extra $1 million or so and we accept checks," said Gash.

They take cash, check, or credit because the former home of famed novelist Edith Wharton is just a month and a half away from the auction block.

Landmark trying to avoid foreclosure
Time is running out for a national historic landmark in Lenox that's facing foreclosure. Our Ryan Burgess went to The Mount on Tuesday to find out if it can raise enough money to stay off the auction block.

"We are still up against a deadline of October 31 to raise $3 million," said The Mount Executive Director Susan Wissler.

If that money is not raised, The Mount faces foreclosure. So far, only about $1.2 million has been raised, but they are hoping to negotiate an extension with their bank. In spite of the looming deadline, officials here say donations keep coming.

"Fundraising is actually continuing at a steady pace. We got a $50,000 gift actually within the last couple of weeks and I just got news of another $25,000 donation thats coming within the next ten days or so," said Wissler.

One ticket booth worker said that the first question people ask when they pull up is, how's the fundraising going? But even with all that interest, The Mount says it still has a long way to go before it can reach its fundraising goals.

Wednesday, July 30, 2008

VICTORIA MANSION TO READ AND CELEBRATE THE AGE OF INNOCENCE DURING THE BIG READ PROJECT

VICTORIA MANSION TO READ AND CELEBRATE THE AGE OF INNOCENCE DURING THE BIG READ PROJECT

Portland, Maine’s Victoria Mansion is pleased to announce that it has received a $7,500 grant from the National Endowment for the Arts to host The Big Read in the Greater Portland Area and that it is the only Maine organization hosting The Big Read. Victoria Mansion is one of 208 libraries, municipalities, and arts, culture, higher education, and science organizations to receive a grant to host The Big Read from September 2008-June 2009. The Big Read gives communities the opportunity to come together to read, discuss, and celebrate one of 23 selections from American and world literature. The Big Read in Portland will focus on The Age of Innocence by Edith Wharton. Activities will take place beginning March 2009.

The latest Big Read grantees represent 46 states, the District of Columbia, and the U.S. Virgin Islands. To date, the NEA has given more than 500 grants to support local Big Read projects.


Victoria Mansion’s Director Robert Wolterstorff said of the grant, “I am thrilled to be taking part in The Big Read. We’ve received major federal grants for restoration projects before, but this is the first one to support programming, and it’s a great honor to receive this grant in the year we celebrate our 150th Anniversary.”
“Everything the NEA does we do in partnership. I am delighted to announce our 208 new partners in The Big Read. Some are new to the program, some are returning, but all of them have answered the call to action to get our country reading again,” said NEA Chairman Dana Gioia. “I am very pleased that Victoria Mansion, Inc. has been awarded this grant. Reading and discussing the same book will be a great way for diverse members of the Greater Portland community to share thoughts about this American classic and its relevance to today’s society.” (Tom Allen, US Representative)

The selected organizations will receive Big Read grants ranging from $2,500 to $20,000 to promote and carry out community-based reading programs featuring activities such as read-a-thons, book discussions, lectures, movie screenings, and performing arts events. Participating communities also receive high-quality, free-of-charge educational materials to supplement each title, including Reader’s, Teacher’s, and Audio Guides. Victoria Mansion is also thrilled to announce that they have received The Major Grant of $4,000 from the Maine Humanities Council to support The Big Read programming.

“With this latest round of grants, I am proud to say that The Big Read has supported more than 500 public library partnerships,” said Anne-Imelda M. Radice, Director of the Institute of Museum and Library Services, the NEA’s lead federal partner for The Big Read. “Through this program, public libraries continue to demonstrate their value in communities as centers of engagement, literacy, and lifelong learning. I am particularly delighted by the innovative public programming born out of library and museum collaborations.”

To encourage community-wide participation in The Big Read, Victoria Mansion has partnered with Portland Public Library, Maine Humanities Council, and Maine Writers & Publishers Alliance. In addition, the American and New England Studies Program, the Education Department, and the School of Music at the University of Southern Maine; Livermore Falls High School; Skyline Farm; and a host of community, library, social, and local book groups will be involved with The Big Read. To participate in Victoria Mansion’s Big Read programs or for more information on events related to The Big Read, please contact Tracy Quimby at tquimby@victoriamansion.org.

The Big Read is an initiative of the National Endowment for the Arts designed to restore reading to the center of American culture. The NEA presents The Big Read in partnership with the Institute of Museum and Library Services and in cooperation with Arts Midwest. Support for The Big Read is provided by the W.K. Kellogg Foundation. Transportation for The Big Read is provided by Ford. For more information about The Big Read please visit www.neabigread.org.


Victoria Mansion, a National Historic Landmark, is located in Portland, Maine. Our mission is to conserve,
maintain, and restore the Victoria Mansion property and collections to the highest standards, and to interpret them in their social, historical, and art-historical context to a broad local, state, and national audience. The Mansion is open for its regular season of tours May – October, Monday through Saturday, 10-4, Sunday 1-5. All tours are guided and reservations are not necessary for groups under 10. The Carriage House Gift Shop, featuring beautiful Victorian inspired gifts, decorations, jewelry and books is open the same hours as the museum and may be visited without paying admission. Please visit www.victoriamansion.org.

The National Endowment for the Arts is a public agency dedicated to supporting excellence in the arts—both new and established—bringing the arts to all Americans, and providing leadership in arts education. Established by Congress in 1965 as an independent agency of the federal government, the Arts Endowment is the nation’s largest annual funder of the arts, bringing great art to all 50 states, including rural areas, inner cities, and military bases. For more information, please visit www.arts.gov.

The Institute of Museum and Library Services is the primary source of federal support for the nation’s 122,000 libraries and 17,500 museums. The Institute’s mission is to create strong libraries and museums that connect people to information and ideas. The Institute works at the national level and in coordination with state and local organizations to sustain heritage, culture, and knowledge; enhance learning and innovation; and support professional development. For more information, please visit www.imls.gov.

Arts Midwest connects people throughout the Midwest and the world to meaningful arts opportunities, sharing creativity, knowledge, and understanding across boundaries. Arts Midwest connects the arts to audiences throughout the nine-state region of Illinois, Indiana, Iowa, Michigan, Minnesota, North Dakota, Ohio, South Dakota, and Wisconsin. One of six non-profit regional arts organizations in the United States, Arts Midwest’s history spans more than 25 years. For more information, please visit www.artsmidwest.org.

Monday, July 21, 2008

EW in Maine, 1907

http://bangornews.com/news/t/lifestyle.aspx?articleid=167373&zoneid=63

On Isleboro, Maine:

Edith Wharton was a visitor in 1907, and ex-President Theodore Roosevelt stopped in to see his daughter in 1917. Famous yachtsmen such as J.P. Morgan and George W. Vanderbilt wouldn’t dream of passing by without a stopover on their way to Bar Harbor.

Friday, May 16, 2008

The Mount: foreclosure deadline extended to October 31

From the Berkshire Eagle

October climax set for The Mount
By Benning W. De La Mater, Berkshire Eagle Staff
Article Last Updated: 05/14/2008 09:44:51 AM EDT

Wednesday, May 14
LENOX — An agreement between The Mount and its creditors has staved off foreclosure and a May 31 deadline that would have forced Edith Wharton Restoration Inc. to raise $3 million by the end of the month.

Instead, the historic home of the Gilded Age writer will be open to the public all summer without a threat of foreclosure by Berkshire Bank. The new fundraising deadline has been set for Oct. 31.

Susan Wissler, The Mount's acting CEO and president, said the spirits of the staff were high after they received word of the reprieve Monday. And if opening weekend was any barometer (The Mount opened on Friday), then Wharton's fans are pulling for the home to make it through the financial crisis: Wissler said attendance was up 50 percent from average opening weekends and nearly $8,000 in revenue was generated during the first three days.

"We hope that was a strong harbinger of what's to come," Wissler said. "A lot of the customers were talking about our situation. We had a couple fly in from Seattle just to see The Mount."

Thursday, May 01, 2008

Young Indy

From a review of The Adventures of Young Indiana Jones, Volume Three - The Years of Change at Blogcritics:
The First World War is essentially over and continues for only the first two episodes. The intrigue of that war and what destruction it wrought on a whole generation still make it the most interesting backdrop for these Indiana Jones stories. The first one, "Tales Of Innocence" is a simple tale and maybe my favorite in this collection. The two stories - Indy and Ernest Hemingway falling in love with the same woman and Indy and Edith Wharton developing a forbidden attraction to each other while Indy searches for a traitor - are light on the surface but that belies a hidden depth. These unrequited loves hint at what will become the post-war "Lost Generation." After what Indy has seen in the War, what meaning will there be in life? And how does he truly give his heart when he's seen so much death and destruction?

Thursday, April 24, 2008

Bank gives The Mount a reprieve

From the Berkshire Eagle:

Bank gives The Mount a reprieve
Ellen G. Lahr, Berkshire Eagle Staff
Article Last Updated: 04/24/2008 09:12:12 AM EDT

Thursday, April 24
LENOX — Berkshire Bank has extended until May 31 a $3 million fundraising deadline for Edith Wharton Restoration Inc., and The Mount will open May 9 for the season while the nonprofit seeks to restructure its debt with key creditors, according to an announcement last night.

Berkshire Bank, which is now owed nearly $4.4 million in mortgage and line-of-credit debt, had given The Mount until today, to meet its goal, with the threat of foreclosure looming for the nonprofit historic house site.

This is the second extension granted by the bank.

Susan Wissler, The Mount's acting CEO and president, said last night that May will be a month of heavy negotiations to restructure long-term debt with key creditors, including Berkshire Bank. The Mount owes a total of nearly $9 million to creditors, with secured and unsecured loans to the organization.

"Opening sends a strong message to the public that we do not intend to go down without a fight," Wissler said. "It also generates much needed additional revenues to help stave off our creditors. With all of the recent publicity, we are anticipating a very robust season."

Wissler said the extension is exciting
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news, along with the donation tally showing that, in the past 30 days, the "Save the Mount" campaign has raised $240,000, reflecting 600 contributions from around the country. A total of 1,300 individuals have pledged since February, when the nonprofit announced that it was out of cash and missed a $300,000 payment to the bank.

The recent gifts include more than $100,000 from donors whose funds are immediately available to permit The Mount to ready itself for the 2008 season. Among the donors: former Walt Disney Chairman and Chief Executive Officer Michael Eisner and his wife, Jane, who gave $25,000, according to Wissler.

The Eisners gave after learning of the financial crisis by a recent New York Times opinion piece urging New Yorkers to help save The Mount, as Edith Wharton was a New Yorker herself.

"Mr. Eisner is passionate about Wharton's writings, and we are delighted that the Eisners have lent their support to our cause," said Wissler, who said she was contacted by the Eisner Foundation earlier this month.

Wharton's House Wins a Reprieve

From the New York Times

Wharton's House Wins a Reprieve

By CHARLES McGRATH
Published: April 24, 2008

The Mount, Edith Wharton’s house in Lenox, Mass., which has been in financial trouble for months, has been given another reprieve. In February a local bank that had been lending money to the Edith Wharton Restoration, the organization that owns and maintains the house, to cover operating expenses, threatened to begin foreclosure unless the Mount raised $3 million by March 24. The deadline was later extended to April 24, and Hannah Burns, one of the trustees, said on Wednesday that it had been pushed back yet another month, to May 24, which means that the house will now be able to open for visitors as scheduled on May 9. So far more than $800,000 of the needed sum has been raised.

Edith Wharton's Reputation

From The Wall Street Journal:

As Mr. Zaid observes, the posthumous stature of an author's work can lurch wildly. In the 1930s, Edmund Wilson deflated Edith Wharton's over-large reputation; then it grew beyond what it was before; and now the critic Andrew Delbanco has brought it back down again to human scale. But the status of a businessman's claim to fame is subject to much the same kind of variance: "from shirtsleeves to shirtsleeves in three generations," as patriarch Sam Bronfman used to say worriedly about his distillery business, despite its seemingly unassailable success.

Editor's note: Is the piece referred to here Edmund Wilson's "Justice to Edith Wharton," and, if so, does anyone know why it is considered here as an essay that deflated her reputation?

From Andrew Delbanco's review of Hermione Lee's biography:

This book is a powerful rebuttal to that view. It builds on the work of previous scholars -- on Lewis's biography, on Blake Nevius's study of Wharton's methods of revision, on Cynthia Griffin Wolff's psychological insights, and many more. And it comes at an interesting moment in the history of Wharton's reputation, which was highest in the 1920s, when she was selling well and winning prizes. By the 1930s, her stock was falling, as the claims of modernism took hold and the Depression made her characters and themes seem precious and indulgent. In 1939, not long after her death, Clifton Fadiman, then the books editor at the New Yorker, could write that those who continued to read her did so for reasons of "class fidelity." In the postwar years, Wharton held her own as a literary worthy -- though often paired with James as a lesser disciple -- but it was really not until the 1970s, with the surge of interest in women's studies, that she became a major writer again. This time she came back as an unexpected "Do Me" feminist. The affair with Fullerton and the discovery of "Beatrice Palmato," a fragment of erotic writing with an incest theme (probably written around 1919), intensified interest in her as a writer about women abused by inattention or exploitation, who are sexual furnaces waiting to be stoked. By the 1990s, helped by Martin Scorsese's fine film of The Age of Innocence -- which, as Scorsese discovered, is about high-society people as merciless as any gangster -- Wharton had become a popular writer of lush period pieces.

With all these versions of Wharton now behind us, the question is whether interest in her work will now be renewed again, and if so, for what reasons. She is a writer who flatters the self-satisfied rich even as she anatomizes them, by granting them their materialist premise: that the acquisition, the display, and the transmission of money are the primary activities of life. Only rarely does an alternative way of living come into view in her work. In our age of twentysomething i-bankers, when fortunes are quickly made and quickly lost, Wharton may well find a new audience -- but will it be more interested in her views of the interior life or of interior decoration? Is she finally a writer who points beyond getting and spending, or a writer nostalgic for the first Gilded Age who shows us, in luscious detail, how it once was done? Hermione Lee has presented the best possible case for the former. The jury in our own gilded age is still out.

Monday, April 21, 2008

From Slate on The Mount (includes many pictures of the interior)

Save the Mount!Why Edith Wharton's house is an architectural treasure.
By Kate Bolick

Posted Monday, April 21, 2008, at 7:22 AM ET

Outside design circles, not many people know that Edith Wharton's first publication was a decorating manual. It's a perplexing fact. Our own American grande dame, author of more than 40 books, friend of Henry James and Theodore Roosevelt … bothered herself with wallpaper and sconces? (Actually, she loathed wallpaper.) But after the initial shock, perhaps you'll remember reading The Age of Innocence or seeing Martin Scorsese's film adaptation of it and realize that Wharton is fused in your mind with masterfully described interiors—at which point, your confusion will click into a satisfied "Huh!" If so, you might be moved, as I was, to rent a car and go visit the Mount, the only one of Wharton's many residences remaining. But act fast: If the Mount doesn't somehow acquire $3 million by April 24, the bank is going to shut it down. The interiors you're about to see may be lost to the public forever.

Monday, April 07, 2008

Hermione Lee to speak on Wharton in New York on April 14

From Brandon Judell, Coordinator
The Simon H. Rifkind Center
City College

Guest Speaker: Hermione Lee
Date: April 14, Monday
Time: 6:30
FREE
Locale: City College
160 Convent Avenue
NYC, NY 10031

To get there: Take the number one train to 135th Street. And then one block east on 138th Street.

The building is Shepard Hall, Room 250.

The Mount: Trustees hopeful financial help coming

From the Berkshire Eagle (read the rest by clicking on this link):

The Mount: Trustees hopeful financial help coming
By Ellen G. Lahr, Berkshire Eagle Staff
Article Last Updated: 04/07/2008 09:43:48 AM EDT

Monday, April 07
LENOX — The coffers of Edith Wharton Restoration Inc. grew by $30,000 this week, after the trustees held a public meeting to air the organization's fiscal status and to appeal for financial help to prevent a foreclosure at The Mount.

Total donations topped $600,000 on Friday, said Gordon Travers, a trustee of The Mount, who appeared to answer questions on Monday with others.

He said he hopes that this week's donations signal growing awareness of The Mount's predicament.

Employees at The Mount, the historic home of novelist and playwright Edith Wharton, are making tentative plans to open the museum house for the season, but Berkshire Bank will decide whether to allow more time.

Friday, April 04, 2008

Change of Venue for Edith Wharton and History Conference

The following message will be sent to participants in the Edith Wharton and History Conference, but it should also be read by those intending to attend the conference who have not yet registered. See also the conference site for any updates.

--Donna Campbell

Dear Participants:

We are writing to inform you that we had to make some changes to the location of the Edith Wharton Conference. The conference was fully planned out, when we suddenly learnt that the Seven Hills Inn was being sold and could or would not accommodate us. Even though our contract with them has a stipulation that the contract would hold even in the case of a sale, the Inn refused to honor that contract since the inn will undergo transitional repairs during the time of our planned stay there. We had no choice but to relocate the conference. It will now be held at The Crowne Plaza at One West St., Pittsfield, MA, 01201. The Crowne Plaza is a modern conference center/hotel , which is 8.7 miles from The Mount. The website is www.crowneplaza.com. The phone is (413) 499-2000. Crowne Plaza is a Priority Club member, and we look forward to enjoying the vastly upgraded hospitality that they offer. Please see the bottom of this letter for a new menu choice for the banquet.

We also, unfortunately, cannot be certain that The Mount will be open, since it is threatened by foreclosure. We are keeping an eye on that situation every week. However, if it is open, members of the Edith Wharton Society have volunteered to drive those who need transportation to The Mount. All this said, the conference itself is no different than it was planned ; it is still a juried conference, the location is still in the beautiful Berkshire area, and the cost for accommodations will be somewhat lower: Thurs. night is $119 and Fri. night is $139. Seven Hills is now in the process of refunding room deposits to the credit cards on which those deposits were charged. We are looking for a vibrant exchange of ideas on Edith Wharton. We therefore hope that you will still come to the conference, but we would like you to let us know as soon as possible if these changes will affect your plans so that we can plan out the conference to its final shape. We will be accepting Conference registrations until April 30. If you have any additional questions, please contact Margaret Murray at drmpm@snet.net .

With many thanks, and looking forward to seeing you in June,

All best regards,

Hildegard Hoeller, P resident, Edith Wharton Society

Margaret Murray, Vice-president, Conference Director

If you have already registered, please send your new dinner selection to:

Dr. Carole Shaffer-Koros
Kean University
School of Visual and Performing Arts
1000 Morris Ave.
Union , NJ 07083

___Prime Rib ___Grilled Salmon with citrus sauce ___Chef’s Choice Vegetarian Entrée

Registration Form for Edith Wharton and History Conference

June 26-28, 2008
Crowne Plaza

One West Street

Pittsfield , MA 01201

(413) 499-2000

Registration fee of $125 includes 2 breakfasts, 2 lunches, 2 coffee breaks, cocktail party and banquet dinner.

Graduate Student rate: $100; undergraduates may register by the day, to include breakfast, lunch and coffee break, for $15 each day, with student i.d.

Reservation for rooms should be made at Crowne Plaza ; ask for the Edith Wharton Society rate, which is $119 for June 26, and $139 for June 27.

Questions about the Conference should be directed to Margaret Murray at drmpm@snet.net

Conference Registration (include check for $125; students should include copy of student ID), mail to:

Dr. Carole Shaffer-Koros
Kean University
School of Visual and Performing Arts
1000 Morris Ave.
Union , NJ 07083

NAME:__________________________________________________________

AFFILIATION:____________________________________________________

MAILING ADDRESS______________________________________________

EMAIL:________________________________________________________________

PHONE:________________________________________________________________

AMOUNT ENCLOSED: _________$125 _________$100 __________$15

BANQUET ENTRÉE (pick one):

___Prime Rib ___Grilled Salmon with citrus sauce ___Chef’s Choice Vegetarian Entrée

Monday, March 31, 2008

President of Wharton Estate Resigns

From the Associated Press

President of Wharton Estate Resigns

By MARK PRATT – 23 hours ago

BOSTON (AP) — The president and chief executive of the financially troubled estate of author Edith Wharton has stepped down rather than assume a different position in a restructured management hierarchy, trustees announced Sunday.

The five-member board of trustees at The Mount in Lenox said in a statement that they have accepted the resignation of Stephanie Copeland "with regret."

The organization that owns the estate, Edith Wharton Restoration, has borrowed $4.3 million for operating costs, but in January missed a $30,000 payment, prompting a bank to start foreclosure proceedings.

The estate made the payment with a $30,000 grant from the National Endowment for the Humanities, but it still trying to raise $3 million. So far about $570,000 has been raised, trustee Gordon Travers said Sunday.

An anonymous donor has promised another $3 million over five years if the fundraising goal is reached.

"Right now, we're month to month," he said.

The board determined that the future of The Mount lay in restructuring management.

"We concluded that if we made it through this fundraising campaign, if we had a future, we needed to separate finance and administration from the creative side," Travers said.

Copeland had essentially been fulfilling both tasks, but under the restructuring was offered the position of creative leader, which she rejected, the trustees said in a statement.

Monday, March 17, 2008

Open Meeting at The Mount, 3/31/08

From the Berkshire Eagle:

Mount's debt to be open book
By Ellen G. Lahr, Berkshire Eagle Staff
Article Last Updated: 03/17/2008 10:00:38 AM EDT


Monday, March 17
You have questions? The Mount — hopefully — has answers.

Town officials and the local business community are teaming up to host a public meeting about The Mount at 7 p.m. on Monday, March 31, at Town Hall.

The Selectmen and the Lenox Chamber of Commerce are hosting the event, which The Mount's CEO and president, Stephanie Copeland, said is intended to answer as many questions as possible.

The Mount is in debt to its creditors by more than $8.7 million, and Berkshire Bank is threatening to foreclose on the historic home of Edith Wharton. The Mount has until April 24 — a deadline that was recently extended a month — to raise $3 million toward its bank debt of $4.3 million.

"So many people have questions, and it would be good to bring everyone in," Copeland said.

Saturday, March 15, 2008

The Mount has until April 24 to raise the $3 million

From the Berkshire Eagle:

Mount granted a month for debt
Berkshire Bank agrees to extend the deadline for Edith Wharton's estate to pay $3 million
By Ellen G. Lahr, Berkshire Eagle Staff
Article Last Updated: 03/15/2008 05:21:21 AM EDT

Saturday, March 15
LENOX — Berkshire Bank, which is warning of foreclosure proceedings against The Mount, has extended a deadline to raise $3 million following a $30,000 grant from the National Endowment for the Humanities.

Berkshire said it had extended the deadline by 30 days. The Mount, the historic house and gardens of 19th century novelist Edith Wharton, now has until April 24 to come up with $3 million required by the bank, to clear up a large chunk of the $4.3 million owed on its mortgage and line of credit, which are in default.

The bank's total debt is more than $8.7 million, and its payments to all other major creditors are in default.

Stephanie Copeland, president and CEO of the Edith Wharton Restoration, said Berkshire Bank has "very graciously" agreed to the extension in light of new funds, which will cover operations for another 30 days.

Since Feb. 24, The Mount has raised more than $520,000 with an all-out fundraising blitz that seizes on the bank's foreclosure threat. The new, $30,000 grant will boost the numbers further.

"We have some very good friends in very high places who made this possible," Copeland said. "The National Endowment is extremely
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concerned about The Mount, and saving it."

"We are all over this," said board trustee Gordon Travers, who said he and the trustees are on the phone almost daily with each other and with Copeland.

Meanwhile, however, The Mount's prized collection of Edith Wharton's private library collection, purchased in 2005 for $2.5 million, could be in jeopardy.

British bookseller George Ramsden is owed $900,000 in connection with the book sale and did not receive his second scheduled payment last year. He holds a secured lien on the books and has sent a letter indicating he will reclaim them if The Mount cannot make good on its payments.

Copeland said she understood the letter was as "a pro forma" communication to secure Ramsden's rights, and was not immediately concerned. (Read the rest)

Wednesday, March 12, 2008

Mireille Giuliano on The House of Mirth

From NPR.org:

In my early 20s, I "met" author Edith Wharton in a literature class while I was living in Paris and attending the Sorbonne. Right away, I felt I had a friend.

. . . .

I have read The House of Mirth half a dozen times, and I am always saddened to see Lily alone, without parents or friends she can trust. I am angered that she does not see the good friend and mate her friend Selden could be, just because he lacks a grand income. Why is this charming woman so bad at making decisions that are in her self-interest?

Lily wants happiness like all young adults starting out in life; she also wants a lot of money. So, she rejects some viable options, takes advice from the wrong people, and does not listen to her heart.

Part of Wharton's achievement is that she makes us care for Lily, who is trapped in her times but in herself as well. I respect Lily's integrity, drive, honesty and character, but I am angered and saddened by her materialism, her social game-playing and acquiescence to being an accessory or an ornament.

I want to reach out and advise and help her. I'd want Lily to learn about what one can control in life and what one cannot (like wanting it all and wanting it now). I'd like to change her values so that simplicity and quality over quantity rule her desires and needs.

I'd want Lily Bart to work on the magical "know thyself" so that she could truly learn from her mistakes and understand the meaning of inner versus outer beauty. I'd like her to understand the value of cultivating true friendship and love, and to find a joie de vivre where balance and happiness are the main ingredients to satisfy body and mind.

Discovering The House of Mirth helped me understand what I wanted from life. Most of all, the novel is a timeless guidebook to discovering the kind of values I've embraced. Rereading it now gives me added pleasures. Merci, Edith Wharton.

Friday, February 29, 2008

The Mount: Time Running Short for the Homestead of Edith Wharton

The Mount: Time Running Short for the Homestead of Edith Wharton
By Alice Leccese Powers — February 28, 2008
Every time I venture near the Berkshires I intend to visit Edith Wharton’s home, The Mount, in Lenox, Massachusetts.

[The Mount from the flower garden in Lenox, Mass.]
(Photo: David Dashiell/Wikimedia)

It was there that Wharton wrote her first book, The Decoration of Houses, about interior design and where she finished her novel, The House of Mirth.

Wharton designed The Mount, built in 1902, and put into practice many of the principles she espoused in The Decoration of Houses, including an enormous first floor gallery and a bedroom suite that accommodated her writing. As a Wharton fan, I’ve longed to see The Mount, especially as it has been substantially restored to Wharton’s original plans.

Now it may be too late.

Last week the Edith Wharton Restoration, The Mount’s administrative body, announced that the estate is in danger of foreclosure. It owes the bank $4.3 million and has defaulted on its $30,000 monthly payments. The foundation has to raise $3 million by March 24 or the estate will revert to the bank.

Ironically, the 35-room mansion has won awards for its preservation and attracts more than 30,000 visitors a year. What seems to have challenged its finances is the acquisition of Wharton’s 2,600-volume library from a British book collector. That coup cost $2.5 million and was supposed to be paid off in installments. However, the Edith Wharton Restoration has also defaulted on that debt.
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