Afternoon at Hillwood House
To celebrate Thanksgiving, and for a change of scenery, I headed down to our nation's capitol. On my list of things to do was to visit Marjorie Merriweather Post's estate in north DC called Hillwood. Marjorie Merriweather Post (188 -1973) was the daughter of C.W. Post who invented a coffee substitute called Posties as well as Grape Nuts. At the time of his death, when she was 27, she inherited $20 million dollars which is something like over a $100 million dollars in today's money. Suffice it to say, girlfriend didn't have to clip coupons. Although she could have spent the rest of her life counting her money, Marjorie was a shrewd businessman. She served on the board of her father's company The Postum Cereal Company, which he'd founded in 1895. With her second husband, E.F. Hutton (anyone remember those commericals, "When E.F. Hutton talks, people listen?), she developed a wider range of products including Birdseye. The company eventually became...