Word: whitney
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Dates: during 1950-1959
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...pondered one of the most serious decisions of his Administration when Secretary Dulles came to the vacation White House office to work out the draft note on the defense of Quemoy and Matsu. Even the company of such close bridge and golfing friends as U.S. Ambassador John Hay Whitney and Washington Lawyer-Industrialist George E. Allen, roly-poly White House jester through the Roosevelt, Truman and Eisenhower regimes, failed to give the needed break from the world's pressing worry...
...first Whitelaw Reid bought the Tribune in 1873, after the death of Founder Horace Greeley; his son Ogden combined it with the remnants of James Gordon Bennett's racy Herald in 1924. But the credentials of the new buyer softened the blow. He is John Hay ("Jock") Whitney, financier, sportsman, diplomat, art collector, lifetime friend of the Reids and possessor of more than $100 million. "We are happy about it," said Brownie Reid, his arm around his mother. "I think it is a fine step," said...
Eminent Domain. By buying the Trib, fast-moving Jock Whitney stepped into the major league of U.S. publishers. A month ago he dealt off just under $7,000,000, added the prosperous Sunday supplement Parade to a communications domain that spans four TV stations, interests in the magazines Scientific American and Interior Design, two radio stations, the Great Northern Paper Co. The Trib purchase was no surprise. A year ago, Jock Whitney lent the Reids $1,200,000 with an option to convert the loan to stock. By the conversion, and the purchase of an unspecified number of additional shares...
...Since Whitney has the kind of money that may bring the Trib back to its thriving, prewar heyday, the sale cheered the paper's 1,900 staffers. They have watched gloomily as the Herald Tribune, once a formidable rival of the Times, cut coverage, settled into sixth place in circulation among Manhattan's seven major dailies. Under eager Brownie, who replaced brother Whitelaw as editor and chief executive officer in a 1955 family power squabble, the Trib seemed to ease up on solid reporting and sound writing as it went after circulation with frothy features and tabloid-style...
...loan from Manhattan's Whitney Museum, 22 realistic paintings (among them: works by Edward Hopper, John Sloan, Maurice Sterne, Reginald Marsh Charles Sheeler) are on view in the ancient French Riviera château fortress of La Napoule. Sponsored by the La Napoul( Art Foundation-Henry Clews Memorial the show, titled "American Realism in the Twentieth Century," is aimed at bringing Europe "another page of American art history." Said one U.S. cultural attaché in France: "At last we have something to show Europeans besides abstract blotches and curlicues...