Ten Americans including the first-time motion picture board chairman are presented with Horatio Alger Awards in New York

The transcript highlights the Horatio Alger Awards, celebrating individuals who rose from humble beginnings to achieve great success in America. It features stories of notable figures like Paul G. Hoffman and James C. Penney, emphasizing the values of honesty, hard work, and decency. Adolf Zucker's journey in the film industry is also highlighted, inspiring young Americans to pursue their dreams in a land of opportunity.

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