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NEWS from The American Academy of Arts and Letters

633 WEST 155 STREET, NEW YORK 32, N.Y. Telephone: AUDUBON 6-1480

FOR RELEASE: ON RECEIPT

AMERICAN ACADEMY ANNOUNCES

NATIONAL ART COMPETITION

The Childe Hassam Purchase Fund Committee of the American Academy of Arts and Letters will for the first time accept nominations from art galleries, of contemporary American or Canadian artists of high professional quality and of museum calibre. Until now, the Hassam Committee has selected pictures for exhibition and possible purchase by invitation only. This change will make possible the viewing of a  larger, more representative cross-section of works of contemporary artists from all parts of the country. 

All pictures bought through the Fund are presented by the American Academy to museums throughout the United States and Canada. 

Last year, 13 pictures by major artists were purchased at a cost of $24,500. It is anticipated that this year's purchase money will be approximately the same.

Since 1946, when the American Academy began buying contemporary pictures through the Hassam Fund, more than $150,000 has been spent for 356 works which have been given to 281 museums. 

The Fund was made possible through the generosity of the noted American impressionist painter, Childe Hassam, who bequeathed the bulk of his paintings to the Academy of which he had long been a member with the stipulation that as his paintings were sold, the income on the sales be used to buy paintings of contemporary artists to be presented to museums.

Under the new procedure, the art galleries may submit three colored slides of each artist's work. The Hassam Fund Committee may also invite individual artists to submit slides.

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