The Proms organ. This coincided with the adoption of this lower pitch by other leading orchestras and concert series. Although the concerts gained a popular following and reputation, Newman went bankrupt in 1902, and the banker Edgar Speyer took over the expense of funding them. Wood received a knighthood in 1911. In 1914 anti-German feeling led Speyer to surrender his role, and music publishers Chappell & Co. took control of the concerts. Although Newman remained involved in artistic planning, it was Wood's name which became most closely associated with the Proms. As conductor from the first concert (which opened with Wagner's "Rienzi"
The Consecration of the House (overture) body of the overture, but which instead gives way to a sonata-allegro form. The trumpets and drums resume, leading to an interlude connecting finally with the body of the overture: a fugal "Allegro" (referred to by Schindler) at the work's centre, in both single and double counterpoint. Different groups of instruments enter in turn, producing a fugal texture. The theme appears in the first violins, flute, and oboe, and a counter theme in the second violins and clarinets. This section crescendos rapidly, and – following the recapitulation – a forceful coda brings the overture to a brilliant close. The overture