FORUM THEATRE.
[To the Editor of the SPECTATOR.] Sia,—A company is being formed for the establishment of the Forum Theatre, whose artistic management will be in the hands of Mr. Theodore Iiomissarjevslcy and Mr. Allan Wade, at a well-known West-End theatre. Mr. Theodore Komissar- jeysky enjoys an unrivalled reputation, based on his achieve. ments at the Moscow Art Theatre and his successes in Paris and New York. Mr. Allan Wade was for years the right-hand man of Mr. Granville Barker, and everyone who has seen the performances of the Stage Society and the Phoenix will realize what a debt theatre-lovers owe to him.
The stumbling-block to schemes of this kind is generally finance, but the omens are peculiarly happy in this case. A guarantor has been found who is prepared to guarantee the payment of 5 per cent. free of tax on a capital of 130,000, on condition that this sum is subscribed. The Articles of Association of the company are such that the possible losses of shareholders are strictly limited to 25 per cent. of their holding, so that investment in the Forum Theatre is a reason- able commercial proposition. It should be added that there will be no issue of free shares to the guarantor or to the promoters, whose services are honorary.
A meeting of, prospective shareholders is being held at my residence, Seaford House, Bag-rave Square, at 5.30 on Friday, July 27th, and I cordially invite those who are interested in supporting the Forum Theatre to communicate with the joint honorary secretaries, William Foss and J. Holroyd Reece, at Lawn House, Hampstead Square, who will be very pleased to send full particulars.—I am, Sir, &c.,
HOWARD DE WALDEN.
Seaford House, Bdgrave Square, S.W.
[We are glad to publish Lord Howard de Walden's letter. The new scheme promises to be as sound from the financial standpoint as it should be in its artistic aspect—En. Spectator.]
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