Blumenthal Treasures

Because he has been one of its trustees since 1909, because he has served on its executive committee since 1910, because he gave it $1,000,000 cash in 1928, George Blumenthal, retired senior partner of the firm of Lazard Freres, was last week elected seventh president of New York's Metropolitan Museum of Art. He succeeds the late Furniture Tycoon William Sloane Coffin (TIME, Dec. 25).

President Blumenthal will have under his control an institution which last year spent $1,450,000 to maintain itself, owns 2,182 oil paintings including one Hubert van Eyck diptych, 25 Rembrandts, two Velasquez', four El Grecos, two Giovanni Bellinis, six Cezannes, seven Whistlers and the originals of "Washington Crossing the Delaware" and "The Horse Fair."

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