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“You folks must lend me this money, or I can’t finish the building—and that will force me into bankruptcy.”

I looked at him and saw not the optimistic Oscar, but the harried Hammerstein. He went on:

“You don’t know what that will mean. If I go into bankruptcy, the Bank of Harlem will also have to go. I owe them over $50,000 and they have agreed that, if I can finish the building, they will buy it from me, giving me back my notes in part payment.”

“But that bank,” I protested, “has only $100,000 capital! How could it lend you $50,000?”

“One day,” he said, “as I was seated in my little office underneath the steps of the Harlem Opera House, the president of the Bank broke in, and leaning over my shoulder, handed me a blank note, and asked me, for God’s sake, to make it out to the order of the Bank for $10,000. ‘Don’t ask any questions,’ he whispered, ‘but just do what I want, and do it quick.’ I complied with his request, I didn’t stop to put on my hat and coat, but followed him to the Bank; and just as I expected, there were the bank-examiners!”

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