John Hay Whitney Explained

John Hay Whitney
Ambassador From:United States
Country:the United Kingdom
President:Dwight D. Eisenhower
Term Start:February 11, 1957
Term End:January 14, 1961
Predecessor:Winthrop W. Aldrich
Successor:David K. E. Bruce
Alma Mater:Yale College
Birth Date:August 17, 1904
Birth Place:Ellsworth, Maine
Death Date:February 8, 1982 (aged 77)
Death Place:Manhasset, New York
Education:Groton School
Party:Republican
Spouse:
    Parents:Payne Whitney
    Helen Julia Hay
    Children:Kate Roosevelt Whitney
    Sara D. Roosevelt Whitney
    Relatives:See Whitney family
    Awards:Legion of Merit
    Benjamin Franklin Medal[1]

    John Hay Whitney (August 17, 1904 – February 8, 1982) was U.S. Ambassador to the United Kingdom, publisher of the New York Herald Tribune, and president of the Museum of Modern Art. He was a member of the Whitney family.

    Early life

    Whitney was born on August 17, 1904, in Ellsworth, Maine, Whitney was a descendant of John Whitney, a Puritan who settled in Massachusetts in 1635, as well as of William Bradford, who came over on the Mayflower. His father was Payne Whitney, and his grandfathers were William C. Whitney and John Hay, both presidential cabinet members. His mother was Helen Hay Whitney.

    The Whitneys' family mansion, Payne Whitney House on New York's Fifth Avenue, was around the corner from James B. Duke House, home of the founder of the American Tobacco Co., father of Doris Duke. Whitney's uncle, Oliver Hazard Payne, a business partner of John D. Rockefeller, arranged the funding for Duke to buy out his competitors.

    Jock Whitney attended Groton School, then Yale College. He joined Delta Kappa Epsilon fraternity (Phi chapter), as his father had. Whitney, his father, grandfather, and great-uncle were oarsmen at Yale, and his father was captain of the crew in 1898. He was a member of Scroll and Key. While at Yale, he inspired the coining of the term "crew cut" for the haircut favored by the rowing crew which still bears the name.[2] After graduating in 1926, Whitney went to Oxford University, but the death of his father on May 25, 1927 necessitated his returning home. He inherited a trust fund of $20 million (approximately $343.9 million in 2023 dollars), and later inherited four times that amount from his mother.

    Career

    Business career

    In 1929, Whitney, despite his vast wealth, was a clerk at the firm of Lee, Higginson & Co where, through his boss, J.T. Claiborne, Jr., he met former Lee, Higginson clerk Langbourne Meade Williams, Jr., who had come to Claiborne for help in his efforts to gain control of Freeport Texas Co. Williams was a scion of a founding investment firm in the sulfur mining company. In 1929, the year after Whitney became one of the wealthiest men in America, through inheritance, Williams enlisted the help of Whitney's boss, who then enlisted Whitney's financial participation, in his efforts to oust founder and Chairman Eric P. Swenson, casting Whitney in the role of corporate raider before the term existed. Whitney was soon Freeport's biggest shareholder, enabling Williams to replace the chairman and his management team. Claiborne was made a vice-president; Williams became Freeport's president in 1933, and Whitney was appointed chairman of the board.[3] [4]

    In 1946, Whitney founded J.H. Whitney & Company, the oldest venture capital firm in the U.S.,[5] with Benno C. Schmidt, Sr.—who coined the term "venture capital"—with J. T. Claiborne as a partner. Whitney put up $10 million to finance entrepreneurs with business plans who were unwelcome at banks. Companies Whitney invested in included Spencer Chemical and Minute Maid. In 1958, while he was still ambassador to the United Kingdom, his company Whitney Communications Corp. bought the New York Herald Tribune,[6] and was its publisher from 1961 to its closure in 1966.[7] He was chairman of the International Herald Tribune from 1966 until his death.[8] Whitney Communications also owned and operated other newspapers, magazines and broadcasting stations.[9] Whitney's television stations were sold to Dun & Bradstreet in 1969.[10]

    Theatre and motion pictures

    Whitney invested in several Broadway shows, including Peter Arno's 1931 revue Here Goes the Bride, a failure that cost him $100,000, but was more successful as one of the backers of Life with Father.

    An October 1934 Fortune article on the Technicolor Corporation noted Whitney's interest in pictures. He had met Technicolor head Herbert Kalmus at the Saratoga Race Course. In 1932, Technicolor achieved a breakthrough with its three-strip process. Merian C. Cooper of RKO Radio Pictures approached Whitney with the idea of investing in Technicolor. They joined forces and founded Pioneer Pictures in 1933, with a distribution deal with RKO to distribute Pioneer's films. Whitney and his cousin Cornelius Vanderbilt Whitney bought a 15% stake in Technicolor.[11]

    Whitney was also the major investor in David O. Selznick's production company Selznick International Pictures, putting up $870,000 and serving as chairman of the board. He put up half the money to option Margaret Mitchell's Gone with the Wind for the Selznick film version, in which he then invested, and later in Rebecca (1940).

    Military career

    Whitney served in the United States Army Air Forces as an intelligence officer during World War II, assigned to the Office of Strategic Services. This is where he met his good friend and former leader of the CIA, Allen Dulles. He was taken prisoner by the Germans in southern France,[12] but escaped when the train transporting him to a POW camp came under Allied fire.[13] [14]

    Thoroughbred horse racing

    Whitney inherited his family's love of horses, a predilection he shared with his sister, Joan Whitney Payson. Jock and his sister ran Greentree Stables in the U.S., owned by their mother. In 1928, he became the youngest member ever elected to The Jockey Club.[15]

    Whitney and his first wife "Liz" raced horses both in the United States and in Europe. He owned Easter Hero, the Jack Anthony trained horse who was the first to win the Cheltenham Gold Cup twice in succession, in 1929 under the mount of Dick Rees and again in 1930, when ridden by Tommy Cullinan. In the 1929 Grand National, his horse twisted a plate and was beaten by a nose at the finish. Although Whitney entered the Grand National annually, he never again came close to winning.

    The Whitneys entered four horses in the Kentucky Derby in the 1930s, "Stepenfetchit," which finished 3rd in 1932, "Overtime," which finished 5th in 1933, "Singing Wood," which finished 8th in 1934, and "Heather Broom," which finished 3rd in 1939.

    Jock Whitney was also an outstanding polo player, with a four-goal handicap, and it was as a sportsman that he made the cover of the March 27, 1933, issue of Time magazine.

    In 2015, Whitney was posthumously inducted to the National Museum of Racing's Hall of Fame as Pillar of the Turf.[16]

    Political life

    Whitney was the major backer of Dwight D. Eisenhower and a member of the New York Young Republican Club.[17] Eisenhower appointed him United States Ambassador to the United Kingdom, a post held sixty years earlier by Whitney's grandfather John Hay.[18] Whitney played a major role in improving Anglo-American relations, which had been severely strained during the 1956 Suez Crisis, when Eisenhower demanded that the British, French and Israelis terminate their invasion of Egypt.[19]

    Personal life

    In 1930, Whitney purchased the Llangollen estate as a bridal gift for his fiancée, the Pennsylvania socialite Mary Elizabeth "Liz" Altemus. It was a 2200abbr=onNaNabbr=on historic equestrian farm just outside Middleburg, Virginia. They were married on September 23, 1931. Although married to Altemus, Whitney was romantically linked to Tallulah Bankhead, Joan Bennett, Paulette Goddard and Joan Crawford. Clark Gable and Carole Lombard met at one of Whitney's parties. In the early 1930s, Jock Whitney began an affair with Nina Gore Vidal; simultaneously, his wife had an affair with Nina Vidal's husband Eugene Vidal.[20] The couple divorced in 1940,[21] but Liz Whitney remained at Llangollen for the rest of her life, becoming an internationally renowned horse breeder and a member of the Virginia Thoroughbred Association Hall of Fame.

    On March 1, 1942, he married Betsey Cushing Roosevelt Whitney, ex-wife of James Roosevelt, son of Franklin D. Roosevelt,[22] and adopted her two daughters:

    Whitney met Fred Astaire in New York City while the former was a student at Yale University and they became lifelong friends, sharing a passion for horse racing. Whitney became a major investor in two of Astaire's Broadway stage vehicles, The Band Wagon (1930) and Gay Divorce (1932), and played a crucial role in securing for Astaire a contract with RKO Pictures in 1933, using his contacts with Merian C. Cooper; both men were board members of Pan American Airways whose planes were prominently featured in Astaire's breakthrough film with Ginger Rogers: Flying Down to Rio (1933).[23]

    During the 1970s, Whitney was listed as one of the ten wealthiest men in the world. The residences at his disposal over the years included an estate on Long Island; an Atlantic Beach, NY beach house;[24] Greenwood Plantation in Georgia; a townhouse and an elegant apartment in Manhattan; a large summer house on Fishers Island, near New London, Connecticut; a 12-room house in Saratoga Springs, which the Whitneys used when they attended horse races; a golfing cottage in Augusta, Georgia, where he was a member of the Augusta National Golf Club; and a spacious house Cherry Hill in Virginia Water, Surrey, England, near the Ascot Racecourse. Mr. Whitney also owned an estate in Aiken, South Carolina, which he considered his "retirement" home and where he hoped to spend his final days.

    Whitney died on February 8, 1982, at North Shore Hospital, Manhasset, Long Island, after a long illness.[25]

    Philanthropy

    Payne Whitney made substantial gifts to Yale, to the New York Presbyterian Hospital, and the New York Public Library. After his father's death, the family built the Payne Whitney Gymnasium at Yale in his honor. The family also financed Payne Whitney Psychiatric Clinic at New York Presbyterian Hospital in 1932.

    Whitney created the John Hay Whitney Foundation for educational projects in 1946.[25] The foundation provided fellowships to the racially and culturally deprived. He became a major contributor to Yale University, where he served as a Fellow of the corporation.[26]

    In 1951, he and his wife Betsey Cushing Whitney donated land from their "Greentree" estate in Manhasset, New York toward the building of North Shore Hospital. Currently called North Shore University Hospital, it is the flagship hospital of the 3rd largest not-for-profit secular healthcare system in the United States, the North Shore-Long Island Jewish Health System.[27]

    In 1953, Whitney received The Hundred Year Association of New York's Gold Medal Award "in recognition of outstanding contributions to the City of New York."

    In the late 1960s/early 1970's John Hay Whitney donated two small parcels of land in Manhasset to the County of Nassau and to the Manhasset-Lakeville Volunteer Fire Department. The Nassau County parcel was the new home for the 6th Police Precinct of the Nassau County Police, located at the S/E intersection of Community Drive and East Community Drive. Just east of the 6th pct, at 2 E Community Dr., the M-LFD parcel was the new home of Fire Company #2 of the M-LFD, where John Hay Whitney was voted in by the membership of Company number two as an Honorary Member of the company.

    Museum of Modern Art

    In 1930 Whitney was elected to the board of trustees of the Museum of Modern Art in New York City, and named President of the MoMA Film Library in 1935. In 1941 he succeeded Nelson A. Rockefeller as President of MoMA.[28] [29] In 1946 he succeeded Stephen C. Clark as chairman of the board of trustees[30]

    Art collection

    When Whitney moved to England as United States ambassador, he took a number of his favourite artworks with him to enjoy during his posting. Before his return to the US, he agreed for the first time to loan part of his collection for the public to see. He provided the Tate Gallery with 56 paintings from the collection in England and specially brought in a further 11 paintings from the US. The exhibition, the John Hay Whitney Collection, ran from 16 December 1960 to 29 January 1961 [31]

    In 1983 the National Gallery of Art, Washington held an exhibition of the John Hay Whitney Collection with paintings loaned by Whitney's wife, The Museum of Modern Art and Yale University Art Gallery [32]

    Among the paintings in his collection, Jock Whitney's prized possession was the Bal au moulin de la Galette painted in 1876 by the French artist Pierre-Auguste Renoir.[25] In 1990, his widow put the painting up for auction with Sotheby's, New York and it sold for US$78 million to Japanese businessman Ryoei Saito.

    Whitney's widow donated a number of paintings from his collection to the Greentree Foundation. One of those paintings by Pablo Picasso, Garçon à la pipe was auctioned by Sotheby's in May 2004 for $104 million [33]

    The following works have been publicly exhibited or sold from the former collection of John Hay Whitney.

    Sources: John Hay Whitney Collection (Catalogue), Tate Gallery, 1960, John Hay Whitney Collection (Catalogue), National Gallery of Art, 1983, Sotheby's Catalogue, auction 10 May 1999, Sotheby's Catalogue, auction 5 May 2004

    Anecdotes

    Whitney gave Fred Astaire a pair of big-wheel roller skates as a present. A few years later roller skating was one of his most important dance numbers on film.[35]

    Whitney and Jimmy Altemus provided the lyrics for a sing composed by Fred Astaire, "Tappin' the Time."[36]

    President Dwight D. Eisenhower took pains to transmit to Ambassador Whitney in London, by telegram, the first round golf scores of the Masters Tournament at the Augusta National Golf Club on 5 April 1957.[37]

    Ambassador Whitney had a very demanding and exhausting schedule but was not fazed by it. After having been to three or four receptions one day, his wife was not surprised to find their chauffeur, groggy from his rounds, dozing on the back seat of their limousine and the Ambassador driving the car.[37]

    Whitney: "I have just had a heart attack and am on a very strict diet. However if you will twist my arm a little, I will probably give in and we will consume a number of very large dry martinis" [38]

    William S. Paley (the legendary founder of CBS), who was Whitney's brother in law, had a gentle rivalry with Whitney. Once while watching television with Whitney at Greentree, Paley wanted to change the channel. 'Where's your clicker?' Paley asked, figuring Jock would have a remote-control switch at his fingertips. Jock calmly pressed a buzzer, and his butler walked up to the TV set to make the switch.[39]

    The White House Is Nice, But It's No Greentree! E. J. Kahn, Mr. Whitney's biographer, reported that one of his daughters, Kate, once took her own children on a tour of the White House. Mr. Kahn wrote, After inspecting it, they pronounced it nice enough but hardly on a par with Greentree. [Greentree was the more prestigious of his Long Island residences'] [40]

    References

    Sources

    External links

    Notes and References

    1. News: Whitney Wins Franklin Medal. 1 December 2016. The New York Times. 24 May 1963.
    2. http://archives.yalealumnimagazine.com/issues/02_04/old_yale.html Schiff, J.A.
    3. News: John Hay Whitney Elevated.. 1 December 2016. The New York Times. 24 March 1934.
    4. https://archive.org/details/assassinationspr00jame Peas, L, et al
    5. News: News. Bloomberg. Metro Business; A Change of Identity For J. H. Whitney. 1 December 2016. The New York Times. 14 June 2000.
    6. News: JOHN HAY WHITNEY ILL; Herald Tribune Publisher Is Recovering From Influenza. 1 December 2016. The New York Times. 25 October 1961.
    7. News: Bigart. Homer. Closing of Herald Tribune Is Reported Decided Upon; Owners of Merged Papers Said to Have Acted After Study Showing Gloomy Outlook for Morning Publication Decision Is Reported Reached For Closing of Herald Tribune. 1 December 2016. The New York Times. 13 August 1966.
    8. News: 1979-05-23. Lee Huebner Is Named Publisher Of International Herald Tribune. en-US. The New York Times. 2022-02-13. 0362-4331. John Hay Whitney, the paper's chairman, announced yesterday that Mr. Huebner, 38 years old and a native of Sheboygan, Wisc., would take charge of the Paris‐based newspaper on June 18..
    9. News: Times. Special To The New York. Herald Tribune's New Owner Known as Amiable Diplomat; John Hay Whitney, Philanthropist and Sportsman, Proved Himself an Astute Envoy to London. 1 December 2016. The New York Times. 29 August 1958.
    10. News: Dun & Bradstreet in an Accord For Corinthian Broadcasting; Merger Actions Are Taken by Varied Concerns. John J.. Abele. The New York Times . December 2, 1969.
    11. News: NEWS OF THE SCREEN; Selznick Absorbs Pioneer -- Cinema 'Winterset' Under Way -- Prospectus and Other Matters.. 1 December 2016. The New York Times. 22 June 1936.
    12. News: J. H. WHITNEY CAPTURED; Colonel Reported Taken by Germans Somewhere in France. 1 December 2016. The New York Times. 30 August 1944.
    13. News: Times. Wireless To The New York. Allies Confirm Escape Of Col. 'Jock' Whitney. 1 December 2016. The New York Times. 15 September 1944.
    14. News: Col. Whitney in Washington. 1 December 2016. The New York Times. 30 September 1944.
    15. News: J. H. WHITNEY IS HONORED; Named Outstanding Horseman of Decade-Gallant Fox Chosen. 1 December 2016. The New York Times. 3 June 1937.
    16. Web site: Alfred Gwynne Vanderbilt and John Hay Whitney elected to Hall of Fame as Pillars of the Turf | National Museum of Racing and Hall of Fame . www.racingmuseum.org . 15 January 2022 . https://web.archive.org/web/20150914164023/https://www.racingmuseum.org/article/alfred-gwynne-vanderbilt-and-john-hay-whitney-elected-hall-fame-pillars-turf . 14 September 2015 . dead.
    17. Web site: History.
    18. News: Times. Special To The New York. NEW ENVOY TO LONDON. 1 December 2016. The New York Times. 29 December 1956.
    19. News: Times. Special To The New York. Whitney Flies Back to London. 1 December 2016. The New York Times. 1 September 1957.
    20. Book: Kaplan, Fred. Gore Vidal, A Biography. Fred Kaplan (biographer). 1999. Doubleday. New York. 0-385-47703-1. 61.
    21. News: MRS. JOHN H. WHITNEY IN RENO FOR DIVORCE; States Intention on Arrival-- Both Interested in Horses, Films. 1 December 2016. The New York Times. 8 April 1940.
    22. News: Mrs. Cushing Roosevelt Becomes Bride Here of John Hay Whitney; Former Wife of President's Eldest Son Wed to Wealthy Sportsman and Financier in a Simple Home Ceremony.. 1 December 2016. The New York Times. 2 March 1942.
    23. Book: Schwartz, Rosalie. Flying Down to Rio . 2004 . Texas A&M University Press. Texas. 1-58544-382-4 . 299.
    24. Web site: Timeline Atlantic Beach Historical Society. 2020-07-10. Atlantic Beach. en.
    25. News: JOHN HAY WHITNEY DIES AT 77; PUBLISHER LED IN MANY FIELDS. 1 December 2016. The New York Times. 9 February 1982.
    26. News: Times. Special To The New York. SCHOLARS' LECTURESHIPS; Whitney Fund to Underwrite Foreigners' Visits to U.S.. 1 December 2016. The New York Times. 20 December 1950.
    27. News: Times. Special To The New York. WHITNEY GIFT DOOMS 'GRUESOME GATEWAY'. 1 December 2016. The New York Times. 23 June 1947.
    28. Web site: John Hay Whitney Succeeds Nelson A. Rockefeller as President of Museum of Modern Art. moma.org. 3 November 2014.
    29. News: J.H. WHITNEY HEADS MODERN MUSEUM; Head of Art Film Library Is Successor to N. A. Rockefeller, Who Resigned Post ART OF TODAY IS PRAISED New President Pledges His Effort to Widen Public's Appreciation of It. 1 December 2016. The New York Times. 10 January 1941.
    30. Web site: Press release . www.moma.org . 2020-05-27.
    31. Web site: The John Hay Whitney Collection – Exhibition at Tate Britain. Tate.
    32. Web site: The John Hay Whitney Collection. www.nga.gov.
    33. News: Picasso painting sells for $104m. May 6, 2004. news.bbc.co.uk.
    34. Web site: John Constable . www.richardgreen.com . 15 January 2022 . https://web.archive.org/web/20181002180723/https://www.richardgreen.com/artwork/bv127-john-constable-view-of-the-back-of-a-terrace-of-houses-at-hampstead-with-an-elder-tree/ . 2 October 2018 . dead.
    35. Book: Levinson. Peter. Puttin' On the Ritz: Fred Astaire and the Fine Art of Panache, A Biography. 54.
    36. Book: Riley. Kathleen. The Astaires: Fred & Adele. 2012. 978-0199738410. 223. Oxford University Press.
    37. Book: Kahn. Ely. Jock: The Life and Times of John Hay Whitney. 1981. 0385149328. 230.
    38. Book: Rorday. Jane. Dearest Jane...: My Father's Life and Letters. Constable. Kindle.
    39. News: Success Was Not Enough. Christopher. Buckley. The New York Times . November 4, 1990.
    40. News: Betsey Cushing Whitney Is Dead at 89. Enid. Nemy. The New York Times . March 26, 1998.