Decline in Later Life
Ringling’s health soon began to fail and the Great Depression (which gripped the nation almost as soon as he acquired the American Circus Corporation) dealt a severe financial blow to the John Ringling empire. He lost virtually his entire fortune, but was able to retain his home, the museum, and his extensive art collection. His wife, Mable, died in June 1929 and he remarried on June 19, 1930 to Emily Haag Buck in Jersey City, New Jersey.
Ringling was voted out of control of the business in 1932 by its board of directors and Sam Gumpertz was placed in corporation.
John and Emily Haag Buck divorced on July 6, 1936.
Read more about this topic: John Ringling
Famous quotes containing the words decline in, decline and/or life:
“Families suffered badly under industrialization, but they survived, and the lives of men, women, and children improved. Children, once marginal and exploited figures, have moved to a position of greater protection and respect,... The historic decline in the overall death rates for children is an astonishing social fact, notwithstanding the disgraceful infant mortality figures for the poor and minorities. Like the decline in death from childbirth for women, this is a stunning achievement.”
—Joseph Featherstone (20th century)
“We have our little theory on all human and divine things. Poetry, the workings of genius itself, which, in all times, with one or another meaning, has been called Inspiration, and held to be mysterious and inscrutable, is no longer without its scientific exposition. The building of the lofty rhyme is like any other masonry or bricklaying: we have theories of its rise, height, decline and fall—which latter, it would seem, is now near, among all people.”
—Thomas Carlyle (1795–1881)
“Society is the stage on which manners are shown; novels are the literature. Novels are the journal or record of manners; and the new importance of these books derives from the fact, that the novelist begins to penetrate the surface, and treat this part of life more worthily.”
—Ralph Waldo Emerson (1803–1882)