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Eurofinance is 80% owned and chiefly supported by eight European and three U.S. banks (Pittsburgh's Mellon National, Chicago's Northern Trust and San Francisco's Wells Fargo). For $50,000 a year from each of them, plus $30,000 from four associate subscribers, the company's 80-man staff prepares quarterly reports on the European economy and the most thorough corporate analyses and industrial surveys obtainable on the Continent. Last week Eurofinance clients were digesting a fresh two-volume, 254-page analysis of Western Europe's auto industry; it not only pinpoints which firms...
...WILLIAM MELLON HITCHCOCK Chairman...
Handsome Tributes. The loan show was packed with surprises. Paul Mellon has been known publicly as a collector of 18th and 19th century British painting (TIME, July 5, 1963). Since his mother was English and he loved riding to hounds, it was a taste that came naturally. In fact, his first purchase at the age of 29 was a picture of a horse named Pumpkin by the English proto-romantic artist George Stubbs. Then, after his marriage in 1948 to Rachel Lambert (whom he calls "Bunny"), he began exchanging such horsy enthusiasms for the vivacious vegetation of the French impressionist...
...only is Bunny Mellon an enthusiastic Francophile, but she is also an ardent gardener. Last week Interior Secretary Udall gave her a special award for her work as the designer of the Kennedy Rose Garden at the White House. The two enthusiasms soon combined, led the Mellons to collect some of the impressionists' and postimpressionists' most handsome tributes to their own gardens, four of which are reproduced in the accompanying color pages...
Bright Vision. Seurat's The Watering Can, which Paul Mellon presented to his wife as a Christmas present, is a vibrant testimony to the pleasure that the painter found in contemplating his father's garden outside Paris. Says Art Historian John Rewald: "Seurat welcomed the opportunity for small studies on the play of light over shrubbery or fields. To them he gave an incredible delicacy." Bonnard grew old joyously contemplating his own garden at Le Cannet above the shores of the Mediterranean, pursuing an ever more jubilant orchestration of clear blue skies and yellow blooms. Pissarro, the first...