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(Reprise) Republic of Money: Meg Whitman

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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-30-10 08:36 PM
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(Reprise) Republic of Money: Meg Whitman
Meg was born in Long Island in 1956: Family in Lloyd Harbor, median family income $196K. A toney address. Meg comes from at least three generations of wealth on both sides of her family.

She went to public HS, but it was Cold Spring Harbor HS (Top 100 HS's in US). Then she went to Harvard.

Meg's father was the businessman (financial advising) Hendricks Hallett Whitman (Jr.), born in MA:

http://www.nytimes.com/1991/02/23/obituaries/hendricks-h-whitman-executive-70.html?pagewanted=1


Her mother was Margaret Cushing Goodhue, also born in MA.

"Mrs. Whitman was featured in a documentary, "You Can Get There From Here," having accompanied actress Shirley Maclaine on a women's delegation to China in 1973. She urged her daughter to lead eBay into China early on in the company's international expansion."

http://www.auctionbytes.com/cab/abn/y10/m01/i19/s04


MEG'S MATERNAL ANCESTRY


Meg's sometimes represented as an everywoman who made good, but her connection to the Republic of Money starts with her full name: Margaret Cushing Whitman.

Meg's the great-great granddaughter of John Newmarch Cushing (Jr.) (1820) of Newburyport: shipper, trader, businessman.

John's father, John Sr. (b. 1779), started the Newburyport shipping business. He was the largest shipowner in Massachussetts, & one of its richest men.

John Jr. was half-brother of Caleb Cushing (b. 1800), Lawyer, Senator, Congressman, US Attorney General, diplomat (also a Harvard grad):

http://en.wikipedia.org/wiki/Caleb_Cushing

"Following the conclusion of the First Opium War in 1842, Britain forced China to grant it special privileges, including exclusive British use of coastal ports. Not wanting to miss out on similar opportunities, President John Tyler appointed Caleb Cushing to undertake a mission to open Chinese ports to American trade. In 1844, Cushing negotiated the he Treaty of Wang Hiya (Wanghsia), the first treaty between the United States and China. This treaty granted to American merchants the same rights as Britain based upon the "most-favored nation" principle."

http://freepages.genealogy.rootsweb.ancestry.com/~cushinc/caleb1800.html


Cushing Sr's shipping & trading business experience played into Caleb's China mission:

"Cushing had begun to nurture an interest in the China trade in the late 1830's. Undoubtedly his constituents, the Massachusetts merchants and traders, influenced their representative and his policy positions. But it also appears his father, John N. Cushing, had brought the matter to his attention through a series of letters to Cushing from Oregon. "It is destined to be what I have ever told you,” his father wrote to him in 1842 (about the west coast), “a great country, it can't be otherwise from its nearness to China, Manilla and all the Islands in the Pacific which are daily becoming of more importance.” (Anglo-American Rivalry and the Origins of U.S. China Policy*)


Cushing Sr. was, coincidentally, the third cousin of Robert Cushing, whose wife was Anne Maynard Perkins, sister of the China traders traders (opium) James & Thomas Handasyd Perkins:

http://en.wikipedia.org/wiki/Thomas_Handasyd_Perkins


Robert & his wife died young, but his son John Perkins Cushing joined in the family business:

http://en.wikipedia.org/wiki/John_Perkins_Cushing


Both John Newmarch Sr. & Jr. participated in the China (opium) trade. John Jr's ship "Sonora" was burned in the straits of Malacca by the infamous CSS Alabama:

http://en.wikipedia.org/wiki/CSS_Alabama


John Jr's second wife was the daughter of his business partner Nicholas Johnson & Mary Perkins, another relation of the Perkins shipping family. Their daughter, Elizabeth Johnson Cushing, married Francis Abbot Goodhue (b. 1850), the son of another Newburyport shipmaster, Samuel, who appears in the historical records carrying a boatload of Irish labor for his wife's father & his business partner William Williams.

Francis Abbot was a manager for the Boston office of "Farbenfabriken vormals Friedreich Bayer & Co. of Elberfeld," whose big products at the time were dyes, aspirin, & heroin.

It was one of the companies that would merge in 1925 to form IG Farben of Nazi infamy:

http://en.wikipedia.org/wiki/IG_Farben


Francis & Elizabeth's son Lawrence Cushing Goodhue (b. 1889, Harvard Law 1914) served in WWI. In 1915 he married Gertrude Munroe Smith:

http://query.nytimes.com/gst/abstract.html?res=9F01E5DD1338E633A25757C0A9639C946496D6CF

She was daughter of the jurist & Columbia professor Edmund Smith, whose brother was a consultant to the government of Japan & professor at Todai (#1 Japanese Uni):

http://en.wikipedia.org/wiki/Munroe_Smith
http://en.wikipedia.org/wiki/Henry_Smith_Munroe


Lawrence Cushing Goodhue & Gertrude Munroe Smith = Meg Whitman's grandparents.

On her father's side, Gertrude Munroe Smith was granddaughter of Horatio Southgate Smith, "noted physician of Brooklyn" & his wife Susan Dwight Munroe, daughter of the merchant/broker Edmund Munroe.

On her mother's side, her grandfather was General Henry Shippen Huidekoper, one of the "overseerers" of Harvard 1898-1910, who married his cousin:

http://en.wikipedia.org/wiki/Henry_S._Huidekoper


Grandpa Lawrence Cushing Goodhue's brother, Francis Abbot Goodhue Jr was a banker, VP of First National Bank of Boston, & involved in purchasing war materiel for the government in WWI.

He was a member of Paul Warburg's "American Acceptance Council, which promoted & institutionalized "bankers' acceptance" credit instruments.

http://query.nytimes.com/mem/archive-free/pdf?res=9903E0D71639E133A25757C1A9649C946095D6CF

http://en.wikipedia.org/wiki/Bankers\'_acceptance


Francis was also President of Warburg's "International Acceptance Bank," created to finance US foreign trade. Warburg, like the Goodhues, was associated with IG Farben, & was involved in setting up its US branch.

http://query.nytimes.com/mem/archive-free/pdf?res=9903E0D71639E133A25757C1A9649C946095D6CF


Francis was also a Harvard "overseer". He married Nora Forbes Thayer from this illustrious family, full of reverends, bankers, capitalists & Harvard men:

http://query.nytimes.com/mem/archive-free/pdf?res=9405E6DD1E3EE033A25751C2A9659C946096D6CF

Francis was Meg Whitman's great-uncle; his niece married Hendricks Hallett Whitman & produced Meg.


Meg's Perkins ancestry links her to the Forbes ancestors of John Forbes Kerry, who intermarried with the Perkins family & worked in the opium trade with them. Thomas Handasyd Perkins' sister Margaret married Ralph Bennett Forbes, the brother of John Kerry's great-great grandfather John Murray Forbes:

http://en.wikipedia.org/wiki/Forbes_family

Ralph Bennett was the grandfather of William Hathaway Forbes, who married Ralph Waldo Emerson's daughter & invested some of the family's opium money in the Bell telephone venture, becoming president of Bell Telephone (soon to be AT&T, 1899) upon its incorporation in 1879:

http://history.sandiego.edu/GEN/recording/bell-evolution.html

Meg Whitman's great-grandfather Huidekoper worked for Bell Telephone, & her Thayer relation Nathaniel was a director of both Bell & AT&T.

Another repetitious element in her maternal ancestry = Harvard grads & overseers.

Little Meg!




MEG'S PATERNAL ANCESTRY


Henry Hobart Taylor (1835 NY) + Chatfield
|
Hobart Chatfield Chatfield-Taylor (1865 IL) + Farwell + Stillman
|
Adelaide Chatfield Taylor (1891 MA) + Hendricks Hallett Whitman Sr. (1884 MA)
|
Hendricks Hallett Whitman Jr. (1920 MA) + Margaret Cushing Goodhue (Goodhue line described in OP)
|
Little Meg



Adelaide Chatfield Taylor was Meg's paternal grandmother. Adelaide's grandfather was Henry Hobart Taylor, who made his millions in farm equipment (Aultman & Taylor) & timepieces (Elgin), as well as with judicious investments in Chicago real estate.

http://steamtraction.farmcollector.com/Farm-life/Henry-Hobart-Taylor.aspx

http://books.google.com/books?id=fd4DAAAAYAAJ&pg=PA135&dq=hobart+chatfield-taylor&cd=9#v=onepage&q=hobart%20chatfield-taylor&f=false


When H.H. Taylor died (1875), he left his only child $50K, & the rest of his fortune to charity. However, son Hobart Chatfield Taylor contested the will & got the whole $2 million.

On top of this, Hobart inherited about $3.5 million from his "immensely wealthy" uncle Wayne Chatfield of Cincinnati (his mother's brother), on the condition he add "Chatfield" to his last name. Thus Hobart Chatfield Taylor became Hobart Chatfield Chatfield-Taylor, investor & moderately successful author:

http://www.flipkart.com/land-castanet-hobart-chatfield-taylor-book-0217085318

HC Chatfield-Taylor also married well. His first wife Rose was the daughter of Charles B Farwell, Illinois senator & banker, who left her a million of her own.

http://en.wikipedia.org/wiki/Charles_B._Farwell


His second wife was Estelle Barbour/Barber Stillman, daughter of a stove manufacturer & widow of banker & rail & sugar heir George Schley Stillman (Rosen, Stillman & Co., NYC).

http://www.flipkart.com/land-castanet-hobart-chatfield-taylor-book-0217085318
http://query.nytimes.com/mem/archive-free/pdf?res=9E01EFDB1639EE3ABC4C51DFB066838B639EDE
http://www.stillman.org/g673.htm


HC Chatfield Taylor's son Wayne (grandma Adelaide's brother) was a member of FDR's cabinet (Commerce, Treasury) & President of the Export-Import Bank during WWII. He was a banker.

http://en.wikipedia.org/wiki/Wayne_Chatfield-Taylor
http://library.syr.edu/digital/guides/t/taylor_wc.htm .


Descendant Wayne Chatfield Taylor still among the horsey set: top breeder

http://www.mdhorsebreeders.com/midatlantic/current/lead_article_05/november_lead_article_05.htm

***


John Whitman (1814 Nova Scotia) + Cutler (1820 New Brunswick)
|
William Whitman (1842 Nova Scotia) + Hallett
|
Hendricks Hallett Whitman (1884 MA) + Adelaide Chatfield Taylor
|
Hendricks Hallett Whitman jr. (1920 MA) + Margaret Cushing Goodhue
|
Little Meg


John Whitman, born 1814, was supposedly the descendant of John Whitman of Weymouth, Massachussetts, (arrived in 1630s). John Whitman (1814)'s loyalist ancestors left MA for Nova Scotia following the American Revolution.

Whitman was raised on a farm & then "engaged in mercantile pursuits," ultimately retiring in New Jersey. He was successful enough to educate one of his sons at Oxford (UK) & set various sons up in business. One of his sons married the daughter of a MA Supreme Court justice.

Son William started in the mercantile business in New Brunswick, then went to Boston & joined Beebe, Richardson & Co. James Beebe was a former partner & business associate of Junius Morgan, father of JP. William stayed 11 years with Beebe, then went into the management of textile mills (Arlington Mills), culminating in the establishment of his own/corporate partnership milling enterprises (Whitman Mills, Manomet Mills, Nonquitt Spinning Company, Nashawena Mills) most of them in New Bedford.

http://query.nytimes.com/gst/abstract.html?res=9905E2D9133BE633A25752C0A9659C946296D6CF

He pursued related activities (e.g. Pres. National Association of Woolen Manufacturers) & some unrelated ones (e.g. Board of Equitable Life Insurance Co., Trustee of the Metropolitan Museum of NYC). He married Jane Hallett, the daughter of another British loyalist who fled to Canada. Another of his brothers married her sister.

http://books.google.com/books?id=l84UAAAAYAAJ&pg=PA1088&lpg=PA1088&dq=john+whitman+1814+cutler&source=bl&ots=8bGh31INve&sig=-6EcnR5tq7Zy9mpXg8p0g21C3Cc&hl=en&ei=IvN0S96qKI22swPc8qzLCA&sa=X&oi=book_result&ct=result&resnum=1&ved=0CAcQ6AEwAA#v=onepage&q=john%20whitman%201814%20cutler&f=false

He & his brother also pursued other manufacturing sidelines, including munitions:

http://books.google.com/books?id=O_4sAAAAYAAJ&pg=PA248&dq=%22hendricks+h+whitman%22&lr=&cd=4#v=onepage&q=%22hendricks%20h%20whitman%22&f=false


His son Hendricks Hallett Whitman was born in Massachussetts (1884) & got a Harvard (1906) education. He married the heiress Adelaide Chatfield Taylor & lived in Boston, pursuing his career as "merchant & manufacturer," presumably in the family textile business:

http://books.google.com/books?id=PMgnAAAAYAAJ&pg=PA437&dq=%22hendricks+hallett+whitman%22&cd=7#v=onepage&q=%22hendricks%20hallett%20whitman%22&f=false

It appears that he contracted a second marriage to the daughter of lumber baron Harley H Danforth around 1933; she was his wife in the 1940s.

His son HH "Hal" Whitman was a financial advisor -- & Meg's dad, as previously noted.

Thus, Meg comes from multiple lines of great wealth & great connections. This is her major qualification for being governor of California.

She married someone with a similar background: Griffith Harsh IV, Stanford neurosurgeon, son of Grif III, also a neurosurgeon:

http://main.uab.edu/show.asp?durki=110885

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Starry Messenger Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-30-10 10:04 PM
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