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...income tax). dedicated golfers cluster around Eleuthera's sprawling Cotton Bay Club, where Pan American Airways President Juan Trippe and friends have a magnificent seaside golf course designed by Robert Trent Jones. Fishing buffs who yearn after marlin and giant tuna congregate at Cat Cay, which Ad Tycoon Louis R. Wasey has turned into a fishing paradise for himself. 15 fellow estatesmen, and up to 36 approved paying guests. On a 4,000-acre islet called Lyford Cay in Nassau harbor, Canadian Financier Edward Plunket Taylor has spent $17 million providing a fitting setting for the homes of such...

Author: /time Magazine | Title: The Caribbean: Crowds in the Sun | 1/19/1962 | See Source »

...gentlemen from Washington's National Gallery of Art had every reason to be jubilant as they left the Manhattan penthouse of Dime-Store Tycoon Samuel Kress that day in 1939, but they also had reason to wonder about Mr. Kress's mood. "I feel," said one, "as though we had just become his sons-in-law, and that he's still not too sure of the marriage." Small wonder. The marriage in question was Kress's gift to the National Gallery of 416 paintings and 35 sculptures from his own beloved collection-the beginning...

Author: /time Magazine | Title: Art: Dime-Store Santa | 12/22/1961 | See Source »

...perfectly that it was hard to tell who were the halfbacks and who was the President. Moving on to the convention of the National Association of Manufacturers, he puffed a cigar with the best of the businessmen, could easily have passed as a prosperous Boston paper-box tycoon. Again, at a roisterous meeting of Young Democrats in Miami, the beaming President was the personification of a Young Democrat. And, a few hours later, speaking to the leaders of the A.F.L.-C.I.O., he looked for all the world like a stem-winding labor orator...

Author: /time Magazine | Title: The Presidency: Starting the Drive | 12/15/1961 | See Source »

Lowell (named after James Russell) is the only U.S. high school to claim two Nobel prizewinners: Physicist Albert Michelson ('68), the first U.S. winner, and Physicist Joseph Erlanger ('90). Lowell's other alumni include such diverse notables as Actress Carol Channing, Paper Tycoon J. D. Zellerbach, Author Irving Stone, Cartoonist Rube Goldberg, Baseball Player Jerry Coleman, the late Publisher (Washington Post) Eugene Meyer, Presidential Press Secretary Pierre Salinger, California Governor Pat Brown...

Author: /time Magazine | Title: Education: The Battle for Lowell | 12/15/1961 | See Source »

Died. Anna Gould, Duchess of Talleyrand, 83, daughter of Rail Tycoon Jay Gould and one of the first of the American heiresses whose marriages infused new blood-and new money-into Europe's sagging aristocracy; of a heart attack; in Paris. Wed to Count Boniface de Castellane in 1895, Anna Gould divorced him after an 11-year phantasmagoria of pink marble palaces and $150,000 parties during which the Parisian gay blade skated through more than half of her $13.5 million inheritance. Two years later, she wed the fifth Duke of Talleyrand, a descendant of the wily French diplomatist...

Author: /time Magazine | Title: Milestones: Dec. 8, 1961 | 12/8/1961 | See Source »

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