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|Date:||7/25/2014 10:23:54 AM
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|Monopoly of life:a lucky break just when U need it
A rags to riches tale:
On December 31, 1935, the game Monopoly was patented by Charles Darrow, an unemployed engineer in Germantown, Pennsylvania. He struggled with odd jobs to support his family in the years following the great stock market crash of 1929.
This fascinating story of corporate intrigue begins with the 30-year old, The Landlord's Game. It had a lot of the familiar Monopoly features like a "Go to Jail" square and utilities and properties for purchase. With his free time, Darrow modified it, basing his rental properties on his favorite resort town, Atlantic City.
Parker Brothers, at first, turned down Charles Darrow, explaining that his game contained "fifty-two fundamental errors" including: the game took too long to play, the rules were too complicated and there was no clear goal for the winner.
Parker Brothers later offered Charles Darrow royalties, on each new version of Monopoly sets sold. This generous deal made him a millionaire.
In 1970, a few years after Darrow's death, Atlantic City erected a commemorative plaque in his honor. It stands on the Boardwalk, near the corner of Park Place.
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