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...farewell banquet was accorded Financier John Hay Whitney, U.S. Ambassador-designate to the Court of St. James's, at the Long Island estate of his sister, Joan Whitney Payson, co-owner with Whitney of the famed Greentree Stable. Next day, in a Manhattan hospital recovering from gastric ulcer surgery, the diplomat-to-be's wife, Betsey Gushing Whitney, heard a special tape recording of the tributes paid her husband at the dinner. Among the notable banquet guests: CBS Board Chairman William S. Paley and high-styled Barbara Gushing Paley, Long Island Newsday Publisher Alicia Patterson, Broadway Producer Richard...

Author: /time Magazine | Title: People, Jan. 21, 1957 | 1/21/1957 | See Source »

This was her last grand party. Long ailing, Mrs. Mae Caldwell Manwaring Plant Hay ward Rovensky died last July, at 75, in Clarendon Court, her 33-room summer house next door to the Vanderbilts' 23-room "Beaulieu" in Newport, R.I. (She is survived by her fourth husband, John E. Rovensky, Manhattan financier, whom she married in 1954.) This week her Manhattan house, the last of the fabulous Fifth Avenue mansions to be fully occupied, will go on the block...

Author: /time Magazine | Title: Art: End of an Avenue | 1/21/1957 | See Source »

Push for Pushcart. Whitney's grandfathers were Teddy Roosevelt's Secretary of State John Hay, and William Collins Whitney, a street-railway tycoon and multimillionaire. Thanks principally to Grandfather Whitney, Jock Whitney is endowed with a fortune of some $60 million (which will tide him through the London embassy's estimated excess expenditure of $50,000 a year above the ambassador's $27,500-a-year salary and allowances), but he has always managed to combine the graces of a patrician upbringing with shrewd common sense. Once he ordered his name expunged from the New York...

Author: /time Magazine | Title: National Affairs: The Gifted Amateur | 1/7/1957 | See Source »

...lovely! Now the first one is leveling off!" During one of those raids he broke out of his boxcar and escaped to rejoin his unit. Only damage: a chip in the gold and amber ring he still wears, bearing the personal seal of Grandfather John Hay...

Author: /time Magazine | Title: National Affairs: The Gifted Amateur | 1/7/1957 | See Source »

After the war Whitney managed the John Hay Whitney Foundation and his $10 million investment firm (sample risks: uranium in New Mexico, frozen orange juice in Florida), which has doubled its worth since 1946. More and more he interested and involved himself in politics. He was for Ike before Chicago, contributed heavily to the Eisenhower-Nixon 1952 campaign, served afterward on presidential committees on higher education, foreign-service organization and foreign economic policy. He called regularly on Dulles, played golf and bad bridge with Eisenhower...

Author: /time Magazine | Title: National Affairs: The Gifted Amateur | 1/7/1957 | See Source »

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