Word: collectors
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Dates: during 1940-1949
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...Leverett Saltonstall (1783-1845) was president of the Massachusetts Senate, member of Congress, first mayor of Salem in the Golden Age of Emerson and Thoreau. Grandfather Leverett Saltonstall, a member of the then-flourishing species of Yankee Democrats, was a good friend of Democrat Grover Cleveland, and thus became Collector of the Port of Boston. The present governor's father, also a Yankee Democrat, couldn't even get elected to the state legislature in his try for office...
...broker and bon vivant, laid away his millions so thriftily that when he died last fortnight (TIME, April 3), U.S. art lovers found themselves beneficiaries of a superb art collection. Last week the 63 Bache (rhymes with aitch) paintings were still hanging in the Bache Manhattan mansion, which the collector had donated (1937) to house them, where they were on view upon application. When the war ends, Manhattan's Metropolitan Museum will house the approximately $12 million worth of Bache paintings where everybody can see them...
...Raphael's famed portrait of the powerful, crafty Florentine ruler, Giuliano de' Medici. This somber classic Italian Renaissance masterpiece disappeared for three centuries, was rediscovered in Florence in 1867, was sold to the Russian Imperial family, cost Collector Bache...
...Collector Bache's favorite painters were Raphael, Holbein, Goya, Fragonard. But he seldom ventured to buy paintings without the advice of Britain's No. 1 art dealer, Lord Duveen, whose merchandising motto was: "Nothing but recognized masterpieces." The result is a popular quip: "The Bache collection-too, too Duveen !", and a group of paintings unmarred by any of the second-and third-rate art that usually creeps into such galleries...
...esthetic matters. Collector Bache lent a willing ear to Lord Duveen, he handled the business end of his collection with the same care that he watched ticker tapes. In 1937, by an arrangement with New York State, he formed the Jules Bache Foundation. This enabled him to live on the third floor of his Manhattan Museum, enjoy his pictures, pay no taxes on the property. (In 1936, so many Bache holdings were outside the U.S. that Art-Lover Bache was unable to pay any Federal income tax at all that year.) But before he died, Jules Bache changed his mind...