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Joseph P. Kennedy Sr.

Joseph Patrick Kennedy Sr. (September 6, 1888 – November 18, 1969) was an American businessman, investor, philanthropist, and politician. He is known for his own political prominence as well as that of his children and was a patriarch of the Kennedy family, which included President John F. Kennedy, Attorney General and Senator Robert F. Kennedy, and longtime Senator Ted Kennedy.

Joseph P. Kennedy Sr.
Kennedy in 1938
44th United States Ambassador to the United Kingdom
In office
March 8, 1938 – October 22, 1940
PresidentFranklin D. Roosevelt
Preceded byRobert Worth Bingham
Succeeded byJohn Gilbert Winant
1st Chair of the U.S. Maritime Commission
In office
April 14, 1937 – February 19, 1938
PresidentFranklin D. Roosevelt
Preceded byPosition established
Succeeded byEmory S. Land
1st Chair of the U.S. Securities and Exchange Commission
In office
June 30, 1934 – September 23, 1935
PresidentFranklin D. Roosevelt
Preceded byPosition established
Succeeded byJames M. Landis
Personal details
Born
Joseph Patrick Kennedy

(1888-09-06)September 6, 1888
Boston, Massachusetts, U.S.
DiedNovember 18, 1969(1969-11-18) (aged 81)
Hyannis Port, Massachusetts, U.S.
Resting placeHolyhood Cemetery
Political partyDemocratic
Spouse
(m. 1914)
Children
Parents
RelativesSee Kennedy family
EducationHarvard University (AB)
OccupationBusinessman, investor, philanthropist, politician
Signature

Kennedy was born into a political family in East Boston, Massachusetts. He made a large fortune as a stock and commodity market investor and later rolled over his proceeds by dedicating a substantial amount of his wealth into investment-grade real estate and a wide range of privately controlled businesses across the United States. During World War I, he was an assistant general manager of a Boston area Bethlehem Steel shipyard; through that position, he became acquainted with Franklin D. Roosevelt, who was the Assistant Secretary of the Navy. In the 1920s, Kennedy made huge profits by reorganizing and refinancing several Hollywood studios; several acquisitions were ultimately merged into Radio-Keith-Orpheum (RKO) studios. Kennedy increased his fortune with distribution rights for Scotch whisky. He owned the largest privately owned building in the country, Chicago's Merchandise Mart.

Kennedy was a leading member of the Democratic Party and of the Irish Catholic community. President Roosevelt appointed Kennedy to be the first chairman of the Securities and Exchange Commission (SEC), which he led from 1934 to 1935. Kennedy later directed the United States Maritime Commission. Kennedy served as the United States Ambassador to the United Kingdom from 1938 to late 1940. With the outbreak of World War II in September 1939, Kennedy was pessimistic about Britain's ability to survive attacks from Nazi Germany. During the Battle of Britain in November 1940, Kennedy publicly suggested, "Democracy is finished in England. It may be here [in the United States]." After a controversy regarding this statement, Kennedy resigned his position.

Kennedy was married to Rose Fitzgerald and had nine children. During his later life, he was heavily involved in the political careers of his sons. Three of Kennedy's sons attained distinguished political positions: John served as a U.S. senator from Massachusetts and as the 35th president of the United States, Robert served as the U.S. attorney general and as a U.S. senator from New York, and Ted also served as a U.S. senator from Massachusetts.

Background, early life, and education edit

 
Kennedy's yearbook photo from Boston Latin School

Joseph Patrick Kennedy Sr. was born on September 6, 1888, at 151 Meridian Street in East Boston, Massachusetts.[1][2] Kennedy was the elder son of Mary Augusta (Hickey) Kennedy and businessman and politician Patrick Joseph "P.J." Kennedy.[1] Kennedy attended Boston Latin School, where he excelled at baseball and was elected class president[3] before graduating in 1908.[1]

Kennedy then attended Harvard College, where he gained admittance to the prestigious Hasty Pudding Club but was not invited to join the Porcellian Club.[3] Kennedy graduated in 1912[4] with a bachelor's degree in economics.[5]

On October 7, 1914, Kennedy married Rose Fitzgerald,[6] the eldest daughter of Boston Mayor John F. "Honey Fitz" Fitzgerald and Mary Josephine "Josie" Hannon.[7] The couple settled at 83 Beals Street in the Boston suburb of Brookline, Massachusetts.[8]

Business career edit

Kennedy set his future sights on embarking a business career upon his graduation from Harvard. During his mid to late 20s, he made a large fortune as an active commodity and stock investor; he then reinvested much of his proceeds into film studios, real estate, and shipping lines. Though Kennedy never built a significant business from scratch, his timing as both buyer and seller was nonetheless excellent.[9]

Various criminals, such as Frank Costello, have boasted they worked with Kennedy in mysterious bootlegging operations during Prohibition.[10] Although his father was in the whisky importation business, scholars dismiss the claims. The most recent and most thorough biographer David Nasaw asserts that no credible evidence has been found to link Kennedy to bootlegging activities.[11] When Fortune magazine published its first list of the richest people in the United States in 1957, it placed Kennedy in the $200–400 million group, which is equivalent to roughly 3.2 billion dollars in 2023[12].[13][14]

Early ventures edit

 
Kennedy in 1914, aged 25, when he claimed to be America's youngest bank president.

Kennedy's first job after graduating from Harvard was a position as a state-employed bank examiner, where the job allowed him to learn a great deal about the banking industry. In 1913, the Columbia Trust Bank, in which his father held a significant share, was under threat of takeover. Kennedy borrowed $45,000 (equivalent to $1.3 million in 2022) from family and friends and bought back control. At the age of 25, he was rewarded by being elected the bank's president. Kennedy told the press he was "the youngest" bank president in America.[15] In May 1917, Kennedy was elected to the Board of Trustees of the Massachusetts Electric Company, New England's leading public utility at the time.[16]

Kennedy emerged as an astute businessman who possessed an eye for value, both with regard to his shrewd entrepreneurial acumen and savvy investment foresight. For example, as an active real estate investor, he turned a handsome profit from his privately-controlled ownership of Old Colony Realty Associates, Inc., an investment company which bought distressed real estate throughout the United States.[17]

Although he was skeptical of American involvement in World War I,[18] Kennedy sought to participate in wartime production as an assistant general manager of Fore River, a major Bethlehem Steel shipyard in Quincy, Massachusetts. There, he oversaw the production of transports and warships.[19] Through this job, he became acquainted with Assistant Secretary of the Navy Franklin D. Roosevelt.[20]

Wall Street and stock market investments edit

In 1919, Kennedy joined Hayden, Stone & Co., a prominent stock brokerage firm with offices in Boston and New York, where he became an expert dealing in the unregulated stock market of the day, engaging in tactics that were later considered to be insider trading and market manipulation violations.[21] He happened to be on the corner of Wall and Broad Streets at the moment of the Wall Street bombing on September 16, 1920, and was thrown to the ground by the force of the blast.[22] In 1923, he established his own investment company.[23] Kennedy subsequently became a multi-millionaire as a result of taking "short" positions following the 1929 stock market crash.[23]

Kennedy was enlisted in 1924 to help stabilize the stock of John D. Hertz's Yellow Cab Company, a taxi cab operator, against a bear raid; afterward, Hertz suspected Kennedy of carrying out such a raid against the stock himself.[24] In 1933, he helped establish a "stock pool" that bought large quantities of stock in Libbey-Owens-Ford (LOF), an auto-glass manufacturer, and wash-traded huge volumes of stock among themselves while promoting the outright fraud that their company was related to Owens-Illinois, a glassmaker that made bottles which presumably would have profited from the imminent repeal of Prohibition.[25][26]

1929 Wall Street Crash edit

Kennedy later claimed he understood that the rampant stock speculation of the late 1920s would lead to a market crash. Supposedly, he said that he knew it was time to get out of the market when he received stock tips from a shoe-shine boy.[27] Kennedy survived the crash "because he possessed a passion for facts, a complete lack of sentiment and a marvelous sense of timing".[28]

During the Great Depression, Kennedy shrewdly increased his wealth by devoting most of it into investment-grade real estate. In 1929, Kennedy's fortune was estimated to be $4 million (equivalent to $68.2 million in 2022).[13] By 1935, his wealth had increased to $180 million (equivalent to $3.84 billion in 2022).[13] He also acquired enough capital to establish million-dollar trust funds for each of his nine children that guaranteed lifelong financial independence.[29]

Investments edit

Hollywood edit

 
Kennedy, along with fifteen others, signed a telegram warning that the release of Sadie Thompson starring Gloria Swanson would jeopardize the ability of the film industry to censor itself. Swanson needed financing for her film production company, and Kennedy began a three-year affair with her when he met her for lunch in New York after the film's release.[30]

Kennedy generated windfall profits from reorganizing and refinancing several Hollywood film studios. He began with film distribution in New England (buying first movie theaters in Massachusetts)[31] but quickly moved on to industry-wide arrangements and production.[32][33] While still at Hayden, Stone & Co., Kennedy boasted to a colleague, "Look at that bunch of pants pressers in Hollywood making themselves millionaires. I could take the whole business away from them."[34] One small studio, Film Booking Offices of America (or FBO), specialized in Westerns produced cheaply. Its owner was in financial trouble, and asked Kennedy to help find a new owner. Kennedy formed his own group of investors and bought it for $1.5 million.[35]

In March 1926, Kennedy moved to Hollywood to focus on running film studios.[36] At that time, film studios were permitted to own exhibition companies, which were necessary to get their films on local screens. With that in mind, he bought controlling shares in Keith-Albee-Orpheum Theaters Corporation (KAO), which had more than 700 vaudeville theaters across the United States that had begun showing movies.[37] In October 1928, he formally merged his film companies FBO and KAO to form Radio-Keith-Orpheum (RKO)[38] and made a large amount of money in the process. Kennedy had no interest in vaudeville; he just wanted the theaters, which he planned to convert to movie houses for the film booking interests he ran in cooperation with Radio Corporation of America (RCA).[39] As the developer of photophone, a sound system for the new "talkies", RCA needed to forge a connection with Hollywood to sell its product. At the same time Kennedy knew that he needed to compete in the new market of sound films and to do so he would have to have access to a technology that was not proprietary.[40]

Keen to buy the Pantages Theatre chain, which had 63 profitable theaters, Kennedy made an offer of $8 million (equivalent to $136.3 million in 2022). It was declined. He then stopped distributing his movies to Pantages. Still, Alexander Pantages declined to sell.[41] However, when Pantages was later charged and tried for rape, his reputation took a battering, and he accepted Kennedy's revised offer of $3.5 million (equivalent to $59.6 million in 2022). Pantages, who claimed that Kennedy had "set him up", was later found not guilty at a second trial. The girl who had accused Pantages of rape, Eunice Pringle, confessed on her deathbed that Kennedy was the mastermind of the plot to frame Pantages.[42][43]

 
James Roosevelt, son of President Franklin D. Roosevelt, helped Kennedy start his liquor business after Prohibition.[44]

Many estimate that Kennedy made over $5 million (equivalent to $85.2 million in 2022) from his investments in Hollywood. During his three-year affair with film star Gloria Swanson,[45] he arranged the financing for her films The Love of Sunya (1927) and the ill-fated Queen Kelly (1928). The duo also used Hollywood's famous "body sculptor", masseuse Sylvia of Hollywood.[45] Their relationship ended when Swanson discovered that an expensive gift from Kennedy had actually been charged to her account.[46]

Liquor importing edit

As soon as it became legal to do so, Kennedy ventured into liquor importing. One of his shipping ventures he was involved in were the importation of large shipments of high-priced Scotch where he earned a handsome profit in the process. Various contradictory "bootlegging" stories surrounding Kennedy have circulated but historians have not accepted them.[47][48][49] At the start of the Franklin Roosevelt administration in March 1933, Kennedy and future Congressman James Roosevelt II founded Somerset Importers, a business entity that acted as the exclusive American agent for Haig & Haig Scotch, Gordon's Dry Gin and Dewar's Scotch. Kennedy kept his Somerset company for years.[50] In addition, Kennedy purchased spirits-importation rights from Schenley Industries, a Canadian distillery and liquor company.[38] Though he possessed substantial investments in various shipping lines that imported significant shipments of liquor, Kennedy himself drank little alcohol. He so disapproved of what he considered a stereotypical Irish vice that he offered his sons $1,000 not to drink until they turned 21.[51]

Real estate edit

Kennedy reinvested the proceeds he made from liquor importing into various residential and commercial real estate ventures, much of it concentrated in New York City, and the Hialeah Park Race Track in Hialeah, Florida.[52][53] The most important purchase of his real estate investment career was marked by the land acquisition of the largest privately owned building in the country, Chicago's Merchandise Mart (the world's largest building at the time), which gave his family an important base in that city and an alliance with the Irish-American political leadership there to lay the groundwork for realizing his sons' future political ambitions.[54] The Merchandise Mart's revenues became a principal source of wealth that formed much of the Kennedy family's private fortune, including being a source of funding for financing his sons' future political campaigns.[55]

Political career edit

SEC Chairman (1934–1935) edit

 
Kennedy on Time magazine cover, 1935

In 1932, Kennedy supported Franklin D. Roosevelt in his bid for the presidency. This was his first major involvement in a national political campaign, and he donated, lent, and raised a substantial amount of money for the campaign.[56]

In 1934, Congress established the independent Securities and Exchange Commission (SEC) to end irresponsible market manipulations and dissemination of false information about securities.[57] Roosevelt's brain trust drew up a list of recommended candidates for the SEC chairmanship. Kennedy headed the list, which stated he was "the best bet for Chairman because of executive ability, knowledge of habits and customs of business to be regulated and ability to moderate different points of view on Commission."[58]

Kennedy sought out the best lawyers available giving him a hard-driving team with a mission for reform. They included William O. Douglas and Abe Fortas, both of whom were later named to the Supreme Court.[59] The SEC had four missions. First was to restore investor confidence in the securities market, which had collapsed on account of its questionability, and the external threats supposedly posed by anti-business elements in the Roosevelt administration. Second, the SEC had to get rid of penny-ante swindles based on false information, fraudulent devices, and get-rich-quick schemes. Thirdly, and much more important than the frauds, the SEC had to end the million-dollar maneuvers in major corporations, whereby insiders with access to high-quality information about the company knew when to buy or sell their own securities. A crackdown on insider trading was essential. Finally, the SEC had to set up a complex system of registration for all securities sold in America, with a clear set of rules, deadlines and guidelines that all companies had to follow. The main challenge faced by the young lawyers was drafting precise rules. The SEC succeeded in its four missions, as Kennedy reassured the American business community that they would no longer be deceived and taken advantage of by Wall Street. He trumpeted for ordinary investors to return to the market and enable the economy to grow again.[60] Kennedy's reforming work as SEC Chairman was widely praised on all sides, as investors realized the SEC was protecting their interests. He resigned from the SEC in September 1935.[61]

Chairman of U.S. Maritime Commission (1937–1938) edit

In 1936, Roosevelt sought Kennedy's help on the campaign, and Kennedy responded with his book I'm for Roosevelt, which he had published and made sure was widely distributed. The book presented arguments for why businessmen should support Roosevelt and the New Deal, told from the perspective of Kennedy's own personal endorsement. The book had significant impact in the business community and after his re-election, Roosevelt appointed Kennedy as Chairman of the United States Maritime Commission,[62] which built on his wartime experience in running a major shipyard. Kennedy spent only ten months at the Commission.[63]

Relationship with Father Charles Coughlin edit

Father Charles Coughlin, an Irish Canadian priest near Detroit, became the most prominent Roman Catholic spokesman on political and financial issues in the 1930s, with a radio audience that reached millions every week. Having been a strong supporter of Roosevelt since 1932, in 1934 Coughlin broke with the president, who became a bitter opponent and a target of Coughlin's weekly anti-communist, anti-Semitic, far-right, anti–Federal Reserve and isolationist radio talks. Roosevelt sent Kennedy and other prominent Irish Catholics to try to tone down Coughlin.[64]

Coughlin swung his support to Huey Long in 1935, and then to William Lemke's Union Party in 1936. Kennedy strongly supported the New Deal (Father Coughlin believed that the New Deal did not go far enough, and thought that Franklin Roosevelt was a tool of the rich) and reportedly believed as early as 1933 that Coughlin was "becoming a very dangerous proposition" as an opponent of Roosevelt and "an out and out demagogue". In 1936, Kennedy worked with Roosevelt, Bishop Francis Spellman and Cardinal Eugenio Pacelli (later Pope Pius XII) to shut Coughlin down.[65] When Coughlin returned to the air in 1940, Kennedy continued to battle against his influence among Irish Americans.[66]

Despite his public disputes with Coughlin, it has also been acknowledged that Kennedy would also accompany Coughlin whenever the priest visited Roosevelt at Hyde Park.[67] A historian with History News Network also stated that Coughlin was a friend of Kennedy as well.[68] In a Boston Post article of August 16, 1936, Coughlin referred to Kennedy as the "shining star among the dim 'knights' in the [Roosevelt] Administration."[69]

Ambassador to the United Kingdom (1938–1940) edit

 
Ambassador Joseph Kennedy with Winston Churchill in London, 1939

In 1938, Roosevelt appointed Kennedy as the United States ambassador to the Court of St James's (United Kingdom). Kennedy hoped to succeed Roosevelt in the White House,[70] telling a British reporter in late 1939 that he was confident that Roosevelt would "fall" in 1940 (that year's presidential election).[68]

Kennedy and his family retreated to the countryside during the bombings of London by German aircraft in World War II. In so doing, he damaged his reputation with the British.[71] This move prompted Randolph Churchill to say, "I thought my daffodils were yellow until I met Joe Kennedy".[72]

Kennedy developed a reputation as a defeatist.[73]

High society edit

According to the U.S. National Archives:

In London, the American Ambassador and his wife soared to the heights of British society. In the spring of 1938...the couple luxuriated in the warmth of English hospitality, hobnobbing with aristocrats and royalty at the many balls, dinners, regattas, and derbies of the season. The highlight was surely the April weekend that they spent at Windsor Castle, guests of King George VI and his wife, Queen Elizabeth.[74]

While getting dressed for an evening at Windsor Castle soon after he arrived, Kennedy paused in momentary reflection and remarked to his wife, "Well, Rose, this is a helluva long way from East Boston, isn't it?"[75]

On May 6, 1944, Kennedy's daughter, Kathleen, married William "Billy" Cavendish, Marquess of Hartington, the elder son of the Duke of Devonshire. The union was disapproved by Rose Kennedy due to Hartington being an Anglican. Unable to reconcile their religious backgrounds, Hartington and Kathleen were married in a civil ceremony. Hartington, a major in the Coldstream Guards, was killed in action in 1944.[76]

Appeasement edit

Kennedy rejected the belief of Winston Churchill that any compromise with Nazi Germany was impossible. Instead, he supported Prime Minister Neville Chamberlain's policy of appeasement. Throughout 1938, while the Nazi persecution of the Jews in Germany intensified, Kennedy attempted to arrange a meeting with Adolf Hitler.[77] Shortly before the Nazi bombing of British cities began in September 1940, Kennedy once again sought a personal meeting with Hitler without the approval of the U. S. Department of State, in order to "bring about a better understanding between the United States and Germany".[78]

Anti-British sentiment edit

When war finally came in September 1939, Kennedy's public support for American neutrality conflicted with Roosevelt's increasing efforts to provide aid to Britain.[79] "Democracy is finished in England. It may be here [in the United States]",[80] he stated in the Boston Sunday Globe of November 10, 1940. With German troops having overrun Poland, Denmark, Norway, Belgium, the Netherlands, Luxembourg, and France, and with daily bombings of Great Britain, Kennedy unambiguously and repeatedly stated that the war was not about saving democracy from National Socialism (Nazism) or from Fascism. In an interview with two newspaper journalists, Louis M. Lyons of The Boston Globe, and Ralph Coghlan of the St. Louis Post-Dispatch, Kennedy said:

It's all a question of what we do with the next six months. The whole reason for aiding England is to give us time ... As long as she is in there, we have time to prepare. It isn't that [Britain is] fighting for democracy. That's the bunk. She's fighting for self-preservation, just as we will if it comes to us. ... I know more about the European situation than anybody else, and it's up to me to see that the country gets it.[80]

Isolationism edit

Kennedy's views became inconsistent and increasingly isolationist. British MP Josiah Wedgwood IV, who had himself opposed the British government's earlier appeasement policy, said of Kennedy:

We have a rich man, untrained in diplomacy, unlearned in history and politics, who is a great publicity seeker and who apparently is ambitious to be the first Catholic president of the U.S.[81]

Anti-Semitism edit

According to Harvey Klemmer, who served as one of Kennedy's embassy aides, Kennedy habitually referred to Jews as "kikes or sheenies". Kennedy allegedly told Klemmer that "[some] individual Jews are all right, Harvey, but as a race they stink. They spoil everything they touch."[78] When Klemmer returned from a trip to Germany and reported the pattern of vandalism and assaults on Jews by Nazis, Kennedy responded, "Well, they brought it on themselves."[82]

On June 13, 1938, Kennedy met in London with Herbert von Dirksen, the German ambassador to the United Kingdom, who claimed upon his return to Berlin that Kennedy had told him that "it was not so much the fact that we want to get rid of the Jews that was so harmful to us, but rather the loud clamor with which we accompanied this purpose. [Kennedy] himself fully understood our Jewish policy."[83] Kennedy's main concern with such violent acts against German Jews as Kristallnacht was that they generated bad publicity in the West for the Nazi regime, a concern that he communicated in a letter to Charles Lindbergh.[84]

Kennedy had a close friendship with Viscountess Astor, and their correspondence is replete with anti-Semitic statements.[85] According to Edward Renehan:

As fiercely anti-Communist as they were anti-Semitic, Kennedy and Astor looked upon Adolf Hitler as a welcome solution to both of these "world problems" (Nancy's phrase). ... . Kennedy replied that he expected the "Jew media" in the United States to become a problem, that "Jewish pundits in New York and Los Angeles" were already making noises contrived to "set a match to the fuse of the world".[86]

By August 1940, Kennedy worried that a third term for President Roosevelt would mean war. Biographer Laurence Leamer in The Kennedy Men: 1901–1963 reports: "Joe believed that Roosevelt, Churchill, the Jews, and their allies would manipulate America into approaching Armageddon."[87] Nevertheless, Kennedy supported Roosevelt's third term in return for Roosevelt's promise to support Joseph Kennedy Jr. in a run for Governor of Massachusetts in 1942.[88] However, even during the darkest months of World War II, Kennedy remained "more wary of" prominent American Jews, such as Associate Justice Felix Frankfurter, than he was of Hitler.[89]

Kennedy told the reporter Joe Dinneen:

It is true that I have a low opinion of some Jews in public office and in private life. That does not mean that I. ... believe they should be wiped off the face of the Earth. ... Jews who take an unfair advantage of the fact that theirs is a persecuted race do not help much. ... Publicizing unjust attacks upon the Jews may help to cure the injustice, but continually publicizing the whole problem only serves to keep it alive in the public mind.[90]

Recall edit

When the White House read his quotes, it became clear that Kennedy was completely out of step with Roosevelt's policies.[91] Kennedy was recalled from his diplomatic duties and returned to the United States. Roosevelt urgently needed his support to hold the Catholic vote and invited him to spend the night at the White House. Kennedy agreed to make a nationwide radio speech to advocate Roosevelt's reelection. Roosevelt was pleased with the speech because, Nasaw says, it successfully "rallied reluctant Irish Catholic voters to his side, buttressed his claims that he was not going to take the nation into war, and emphasized that he alone had the experience to lead the nation in these difficult times." After Roosevelt was reelected, Kennedy submitted his resignation as ambassador.[92]

Throughout the rest of the war, relations between Kennedy and the Roosevelt Administration remained tense, especially when Joe Jr., a Massachusetts delegate at the 1940 Democratic National Convention, vocally opposed President Roosevelt's unprecedented nomination for a third term, which began in 1941. Kennedy may have wanted to run for president himself in 1940 or later. Having effectively removed himself from the national stage, Joe Sr. sat out World War II on the sidelines. Kennedy stayed active in the smaller venues of rallying Irish-American and Roman Catholic Democrats to vote for Roosevelt's re-election for a fourth term in 1944. Former Ambassador Kennedy claimed to be eager to help the war effort, but as a result of his previous gaffes, he was neither trusted nor invited to do so.[93]

Alliances edit

Kennedy used his wealth and connections to build a national network of supporters that became the base for his sons' political careers. He especially concentrated on Irish-American communities in large cities, particularly Boston, New York, Chicago, Pittsburgh and several New Jersey cities.[94] Kennedy also used Arthur Krock of The New York Times, America's most influential political columnist, for decades as a paid speechwriter and political advisor.[95]

A political conservative (John F. Kennedy once described his father as being to "the right of Herbert Hoover"),[96] Kennedy supported Richard Nixon, who had entered Congress with John in 1947. In 1960, Joe Kennedy approached Nixon, praised his anti-Communism, and said "Dick, if my boy can't make it, I'm for you" for the presidential election that year.[97]

Alliance with Senator Joseph McCarthy edit

Kennedy's close ties with Republican Senator Joseph McCarthy strengthened his family's position among Irish Catholics, but weakened it among liberals who strongly opposed McCarthy. Even before McCarthy became famous in 1950, Kennedy had forged close ties with the Republican Senator. Kennedy often brought him to his family compound in Hyannis Port, Massachusetts as a weekend house guest in the late 1940s. McCarthy at one point dated his daughter Patricia.[98]

When McCarthy became a dominant voice of anti-Communism starting in 1950, Kennedy contributed thousands of dollars to McCarthy, and became one of his major supporters. In the U.S. Senate race of 1952, Kennedy apparently worked a deal so that McCarthy, a Republican, would not make campaign speeches for the Republican ticket in Massachusetts. In return, Congressman John F. Kennedy, running for the Senate seat, would not give any anti-McCarthy speeches that his liberal supporters wanted to hear.[98]

At Kennedy's urging in 1953, McCarthy hired his 27-year-old son, Robert F. Kennedy, as a senior staff member of the Senate's investigations subcommittee, which McCarthy chaired. In 1954, when the Senate was threatening to condemn McCarthy, Senator John Kennedy faced a dilemma. "How could I demand that Joe McCarthy be censured for things he did when my own brother was on his staff?" asked JFK.[98]

By 1954, Robert and McCarthy's chief aide Roy Cohn had fallen out with each other, and Robert no longer worked for McCarthy. John had a speech drafted calling for the censure of McCarthy, but never delivered it. When the Senate voted to censure McCarthy on December 2, 1954, Senator Kennedy was in a hospital and never indicated how he would cast his vote. Joe Kennedy strongly supported McCarthy to the end.[98]

Involvement in sons' political careers edit

Kennedy's connections and influence were turned into political capital for the political campaigns of sons: John, Robert and Ted.

Kennedy had been consigned to the political shadows after his remarks during World War II ("Democracy is finished"), and he remained an intensely controversial figure among U.S. citizens because of his suspect business credentials, his Roman Catholicism, his opposition to Roosevelt's foreign policy, and his support for Joseph McCarthy. Although his own ambitions to achieve the U.S. presidency were thwarted, Kennedy held out great hope for his eldest son, Joseph Kennedy Jr., to seek the presidency. However, Joe Jr., who had become a U.S. Navy bomber pilot, was killed over the English Channel in August 1944 while undertaking Operation Anvil. After grieving over his dead son, Joe Sr. turned his attention to his second son, John, for a run for political office.[99]

When John F. Kennedy was asked about the level of involvement and influence that his father had held in his razor-thin presidential victory over Richard Nixon, he would joke that on the eve of the election his father had asked him the exact number of votes he would need to win: There was no way he was paying "for a landslide". Kennedy was one of four fathers (the other three being George Tryon Harding, Nathaniel Fillmore, and George H. W. Bush) to live through the entire presidency of a son.[100]

Historian Richard J. Whalen describes Kennedy's influence on John's policy decisions in his biography of Kennedy. Kennedy was influential in creating the Kennedy Cabinet, which included Robert Kennedy as attorney general, although he had never argued or tried a case.[101]

Personal life edit

Joseph and Rose Kennedy had nine children.[102] Three of the Kennedys' sons attained distinguished political positions: John F. Kennedy (1917–1963) served as a U.S. representative from Massachusetts (1947–1953), a U.S. senator from Massachusetts (1953–1960), and as 35th president of the United States (1961–1963), Robert F. Kennedy (1925–1968) served as U.S. attorney general (1961–1964) and as a U.S. senator from New York (1965–1968), and Edward M. "Ted" Kennedy (1932–2009) served as a U.S. senator from Massachusetts (1962–2009). His eldest son Joseph P. Kennedy Jr. (1915–1944) was groomed to be president but died on active duty in World War II on a dangerous experimental flying mission over the English Channel. One of the Kennedys' daughters, Eunice Kennedy Shriver, founded the Special Olympics for disabled people,[103] while another, Jean Kennedy Smith, served as U.S. Ambassador to Ireland.[104]

As Kennedy's business success expanded, he and his family lived in increasing prosperity in Massachusetts, New York, around Washington, D.C., London, as well as the French Riviera. Their two permanent homes were located in Hyannis Port, Massachusetts and Palm Beach, Florida.[105][106]

Kennedy engaged in numerous extramarital relationships,[107] including relationships with actresses Gloria Swanson[6][108] and Marlene Dietrich[109] and with his secretary, Janet DesRosiers Fontaine.[110] He also managed Swanson's personal and business affairs.[111][112]

Name Birth Death Marriage and children
Joseph Patrick "Joe" Kennedy Jr. July 25, 1915 August 12, 1944 Never married and had no children, but was once engaged to Athalia Ponsell.
John Fitzgerald "Jack" Kennedy May 29, 1917 November 22, 1963 Married in 1953, to Jacqueline Lee Bouvier; had four children; assassinated.
Rose Marie "Rosemary" Kennedy September 13, 1918 January 7, 2005 Never married and had no children.
Kathleen Agnes "Kick" Kennedy February 20, 1920 May 13, 1948 Married in 1944, to William John Robert Cavendish, Marquess of Hartington; never had children
Eunice Mary Kennedy July 10, 1921 August 11, 2009 Married in 1953, to Robert Sargent Shriver Jr.; had five children.
Patricia Helen "Pat" Kennedy May 6, 1924 September 17, 2006 Married in 1954, to English actor Peter Sydney Ernest Lawford; had four children; divorced in 1966.
Robert Francis "Bobby" Kennedy November 20, 1925 June 6, 1968 Married in 1950, to Ethel Skakel; had eleven children; assassinated.
Jean Ann Kennedy February 20, 1928 June 17, 2020 Married in 1956, to Stephen Edward Smith; had two sons and adopted two daughters.
Edward Moore "Ted" Kennedy February 22, 1932 August 25, 2009 Married in 1958, to Virginia Joan Bennett; had three children; divorced in 1982. Remarried in 1992, to Victoria Anne Reggie; had no children.

Lobotomy of Rosemary Kennedy edit

 
The family at their home in Hyannis Port, Massachusetts, 1931. Rosemary Kennedy is seated on the far right.

When Rosemary Kennedy was 23 years old, doctors told Joseph Kennedy Sr. that a form of psychosurgery known as a lobotomy would help calm her mood swings and stop her occasional violent outbursts.[113][114] (Accounts of Rosemary's life indicated that she was intellectually disabled,[115][116] although some have raised questions about the Kennedys' accounts of the nature and scope of her disability.[117]) Rosemary's erratic behavior frustrated her parents; her father was especially worried that she would shame and embarrass the family and damage his political career and that of his other children.[117][116] Kennedy requested that surgeons perform a lobotomy on Rosemary. The lobotomy took place in November 1941.[115][118] Kennedy did not inform his wife about the procedure until after it was completed.[119] James W. Watts and Walter Freeman (both of George Washington University School of Medicine) performed the surgery.[120]

The lobotomy was a disaster,[115] leaving Rosemary Kennedy permanently incapacitated.[113] Her mental capacity diminished to that of a two-year-old child; she could not walk or speak intelligibly and was incontinent.[121] Following the lobotomy, Rosemary was immediately institutionalized.[122] In 1949, she was relocated to Jefferson, Wisconsin, where she lived for the rest of her life on the grounds of the St. Coletta School for Exceptional Children (formerly known as "St. Coletta Institute for Backward Youth").[123] Kennedy did not visit his daughter at the institution.[124] In Rosemary: The Hidden Kennedy Daughter, author Kate Clifford Larson stated that Rosemary's lobotomy was hidden from the family for twenty years.[125] In 1961, after Kennedy suffered a stroke that left him unable to speak, his children were made aware of Rosemary's location.[125] The lobotomy did not become public knowledge until 1987.[126] Rosemary Kennedy died from natural causes[127] on January 7, 2005, at the age of 86.[119]

Dr. Bertram S. Brown, director of the National Institute of Mental Health who was previously an aide to President Kennedy, told a Kennedy biographer that Kennedy referred to Rosemary as mentally retarded rather than mentally ill in order to protect his son John's reputation for a presidential run. Brown added that the family's "lack of support for mental illness" was "part of a lifelong family denial of what was really so".[113][128][129][130]

Illness and death edit

 
Kennedy and family celebrate his birthday in Hyannis Port in 1963.

On December 19, 1961, at the age of 73, Kennedy suffered a stroke. He survived but was left paralyzed on his right side. Thereafter, he suffered from aphasia, which severely affected his ability to speak. He remained mentally alert, regained certain functions with therapy, and began walking with a cane. His speech also showed some improvement.[131] Kennedy began to experience excessive muscular weakness, which eventually required him to use a wheelchair. In 1964, Kennedy was taken to The Institutes for the Achievement of Human Potential in Philadelphia, a medical and rehabilitative center for those who have experienced brain injury.[131]

Kennedy's son Robert was shot on June 5, 1968, while running for president. He died in a Los Angeles hospital the following morning at the age of forty-two.[132] In the aftermath of Robert's death, Kennedy made his last public appearance when he, his wife, and son Ted made a filmed message to the country.[133] He died at home in Hyannis Port the following year on November 18, 1969, two days before what would have been Robert's 44th birthday. He was 81 years old.[134] He had outlived four of his children.[135] He was buried at Holyhood Cemetery in Brookline, Massachusetts. Kennedy's widow Rose was buried next to him following her death in 1995 at age 104, as was their daughter Rosemary in 2005.[136]

See also edit

References edit

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  2. ^ "Joseph Kennedy | Biography, Facts, & Family". Encyclopedia Britannica. September 4, 2023.
  3. ^ a b Hilty, James (April 4, 2000). Robert Kennedy: Brother Protector. Temple University Press. ISBN 9781566397667 – via Google Books.
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  8. ^ Nasaw, p. 42
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  10. ^ Okrent, Daniel (April 26, 2010). "The Biggest Kennedy Myth". The Daily Beast. The Newsweek/Daily Beast Company LLC. Retrieved April 7, 2013.
  11. ^ Nasaw, pp. 79–81.
  12. ^ "What is $300,000,000 in 1957 worth in 2023?".
  13. ^ a b c 1634–1699: McCusker, J. J. (1997). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States: Addenda et Corrigenda (PDF). American Antiquarian Society. 1700–1799: McCusker, J. J. (1992). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States (PDF). American Antiquarian Society. 1800–present: Federal Reserve Bank of Minneapolis. "Consumer Price Index (estimate) 1800–". Retrieved May 28, 2023.
  14. ^ Smith, Richard Austin (November 1, 1957). "The Fifty-Million-Dollar Man". Fortune. sidebar: "America's Biggest Fortunes".
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  121. ^ Henley, Jon (August 12, 2009). "The Forgotten Kennedy". The Guardian.
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  123. ^ Leamer, p. 412, and caption to photo of the house facing p. 650.
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Bibliography edit

  • Brinkley, Alvin. Voices of Protest. Vintage, 1983.
  • Goodwin, Doris K. The Fitzgeralds and the Kennedys: An American Saga. Simon & Schuster, 1987.
  • Hersh, Seymour. The Dark Side of Camelot. Back Bay Books, 1998.
  • Kessler, Ronald. The Sins of the Father: Joseph P. Kennedy and the Dynasty He Founded. Warner, 1996
  • Leamer, Laurence. The Kennedy Men: 1901–1963. Harper, 2002.
  • Logevall, Fredrik. JFK: Coming of Age in the American Century, 1917-1956 (2020) excerpt
  • Maier, Thomas. The Kennedys: America's Emerald Kings. Basic Books, 2003.
  • Nasaw, David. The Patriarch: The Remarkable Life and Turbulent Times of Joseph P. Kennedy. The Penguin Press, 2012; excerpt
  • O'Brien, Michael. John F. Kennedy: A Biography. St Martin's Press, 2005.
  • Renehan, Edward. The Kennedys at War: 1937–1945. Doubleday, 2002.
  • Renehan, Edward. "Joseph Kennedy and the Jews". History News Network. April 29, 2002.
  • Ronald, Susan. The Ambassador: Joseph P. Kennedy at the Court of St. James's 1938-1940 (2021) excerpt
  • Schwarz, Ted. Joseph P. Kennedy: The Mogul, the Mob, the Statesman, and the Making of an American Myth. Wiley, 2003.
  • Welsch, Tricia (2013). Gloria Swanson: Ready for Her Close-Up. University Press of Mississippi. ISBN 978-1-62103-991-4.(subscription required)
  • Whalen, Richard J. The Founding Father: The Story of Joseph P. Kennedy. The New American Library of World Literature, Inc., 1964.

Primary sources edit

  • Smith, Amanda (ed.). Hostage to Fortune: The Letters of Joseph P. Kennedy. Viking, 2001, the major collection of letters to and from Kennedy

External links edit

  • Joseph P. Kennedy Sr. at IMDb
  • The Kennedys – PBS Special March 6, 2009, at the Wayback Machine
  • FBI files on Joseph P. Kennedy Sr.
  • Affair with Marlene Dietrich
  • Correspondence with the Secretary of State at the Franklin D. Roosevelt Library
  • "Joseph P. Kennedy Sr". Find a Grave. Retrieved July 25, 2015.
  • Newspaper clippings about Joseph P. Kennedy Sr. in the 20th Century Press Archives of the ZBW
Government offices
New office Chair of the U.S. Securities and Exchange Commission
1934–1935
Succeeded by
Diplomatic posts
Preceded by United States Ambassador to the United Kingdom
1938–1940
Succeeded by

joseph, kennedy, joseph, kennedy, redirects, here, other, uses, joseph, kennedy, disambiguation, joseph, patrick, kennedy, september, 1888, november, 1969, american, businessman, investor, philanthropist, politician, known, political, prominence, well, that, c. Joseph Kennedy redirects here For other uses see Joseph Kennedy disambiguation Joseph Patrick Kennedy Sr September 6 1888 November 18 1969 was an American businessman investor philanthropist and politician He is known for his own political prominence as well as that of his children and was a patriarch of the Kennedy family which included President John F Kennedy Attorney General and Senator Robert F Kennedy and longtime Senator Ted Kennedy Joseph P Kennedy Sr Kennedy in 193844th United States Ambassador to the United KingdomIn office March 8 1938 October 22 1940PresidentFranklin D RooseveltPreceded byRobert Worth BinghamSucceeded byJohn Gilbert Winant1st Chair of the U S Maritime CommissionIn office April 14 1937 February 19 1938PresidentFranklin D RooseveltPreceded byPosition establishedSucceeded byEmory S Land1st Chair of the U S Securities and Exchange CommissionIn office June 30 1934 September 23 1935PresidentFranklin D RooseveltPreceded byPosition establishedSucceeded byJames M LandisPersonal detailsBornJoseph Patrick Kennedy 1888 09 06 September 6 1888Boston Massachusetts U S DiedNovember 18 1969 1969 11 18 aged 81 Hyannis Port Massachusetts U S Resting placeHolyhood CemeteryPolitical partyDemocraticSpouseRose Fitzgerald m 1914 wbr ChildrenJoseph Jr JohnRosemaryKathleenEunicePatriciaRobertJeanEdwardParentsP J KennedyMary Augusta HickeyRelativesSee Kennedy familyEducationHarvard University AB OccupationBusinessman investor philanthropist politicianSignatureKennedy was born into a political family in East Boston Massachusetts He made a large fortune as a stock and commodity market investor and later rolled over his proceeds by dedicating a substantial amount of his wealth into investment grade real estate and a wide range of privately controlled businesses across the United States During World War I he was an assistant general manager of a Boston area Bethlehem Steel shipyard through that position he became acquainted with Franklin D Roosevelt who was the Assistant Secretary of the Navy In the 1920s Kennedy made huge profits by reorganizing and refinancing several Hollywood studios several acquisitions were ultimately merged into Radio Keith Orpheum RKO studios Kennedy increased his fortune with distribution rights for Scotch whisky He owned the largest privately owned building in the country Chicago s Merchandise Mart Kennedy was a leading member of the Democratic Party and of the Irish Catholic community President Roosevelt appointed Kennedy to be the first chairman of the Securities and Exchange Commission SEC which he led from 1934 to 1935 Kennedy later directed the United States Maritime Commission Kennedy served as the United States Ambassador to the United Kingdom from 1938 to late 1940 With the outbreak of World War II in September 1939 Kennedy was pessimistic about Britain s ability to survive attacks from Nazi Germany During the Battle of Britain in November 1940 Kennedy publicly suggested Democracy is finished in England It may be here in the United States After a controversy regarding this statement Kennedy resigned his position Kennedy was married to Rose Fitzgerald and had nine children During his later life he was heavily involved in the political careers of his sons Three of Kennedy s sons attained distinguished political positions John served as a U S senator from Massachusetts and as the 35th president of the United States Robert served as the U S attorney general and as a U S senator from New York and Ted also served as a U S senator from Massachusetts Contents 1 Background early life and education 2 Business career 2 1 Early ventures 2 2 Wall Street and stock market investments 2 2 1 1929 Wall Street Crash 2 3 Investments 2 3 1 Hollywood 2 3 2 Liquor importing 2 3 3 Real estate 3 Political career 3 1 SEC Chairman 1934 1935 3 2 Chairman of U S Maritime Commission 1937 1938 3 3 Relationship with Father Charles Coughlin 3 4 Ambassador to the United Kingdom 1938 1940 3 4 1 High society 3 4 2 Appeasement 3 4 3 Anti British sentiment 3 4 4 Isolationism 3 4 5 Anti Semitism 3 4 6 Recall 3 5 Alliances 3 5 1 Alliance with Senator Joseph McCarthy 3 6 Involvement in sons political careers 4 Personal life 4 1 Lobotomy of Rosemary Kennedy 4 2 Illness and death 5 See also 6 References 7 Bibliography 7 1 Primary sources 8 External linksBackground early life and education edit nbsp Kennedy s yearbook photo from Boston Latin SchoolJoseph Patrick Kennedy Sr was born on September 6 1888 at 151 Meridian Street in East Boston Massachusetts 1 2 Kennedy was the elder son of Mary Augusta Hickey Kennedy and businessman and politician Patrick Joseph P J Kennedy 1 Kennedy attended Boston Latin School where he excelled at baseball and was elected class president 3 before graduating in 1908 1 Kennedy then attended Harvard College where he gained admittance to the prestigious Hasty Pudding Club but was not invited to join the Porcellian Club 3 Kennedy graduated in 1912 4 with a bachelor s degree in economics 5 On October 7 1914 Kennedy married Rose Fitzgerald 6 the eldest daughter of Boston Mayor John F Honey Fitz Fitzgerald and Mary Josephine Josie Hannon 7 The couple settled at 83 Beals Street in the Boston suburb of Brookline Massachusetts 8 Business career editKennedy set his future sights on embarking a business career upon his graduation from Harvard During his mid to late 20s he made a large fortune as an active commodity and stock investor he then reinvested much of his proceeds into film studios real estate and shipping lines Though Kennedy never built a significant business from scratch his timing as both buyer and seller was nonetheless excellent 9 Various criminals such as Frank Costello have boasted they worked with Kennedy in mysterious bootlegging operations during Prohibition 10 Although his father was in the whisky importation business scholars dismiss the claims The most recent and most thorough biographer David Nasaw asserts that no credible evidence has been found to link Kennedy to bootlegging activities 11 When Fortune magazine published its first list of the richest people in the United States in 1957 it placed Kennedy in the 200 400 million group which is equivalent to roughly 3 2 billion dollars in 2023 12 13 14 Early ventures edit nbsp Kennedy in 1914 aged 25 when he claimed to be America s youngest bank president Kennedy s first job after graduating from Harvard was a position as a state employed bank examiner where the job allowed him to learn a great deal about the banking industry In 1913 the Columbia Trust Bank in which his father held a significant share was under threat of takeover Kennedy borrowed 45 000 equivalent to 1 3 million in 2022 from family and friends and bought back control At the age of 25 he was rewarded by being elected the bank s president Kennedy told the press he was the youngest bank president in America 15 In May 1917 Kennedy was elected to the Board of Trustees of the Massachusetts Electric Company New England s leading public utility at the time 16 Kennedy emerged as an astute businessman who possessed an eye for value both with regard to his shrewd entrepreneurial acumen and savvy investment foresight For example as an active real estate investor he turned a handsome profit from his privately controlled ownership of Old Colony Realty Associates Inc an investment company which bought distressed real estate throughout the United States 17 Although he was skeptical of American involvement in World War I 18 Kennedy sought to participate in wartime production as an assistant general manager of Fore River a major Bethlehem Steel shipyard in Quincy Massachusetts There he oversaw the production of transports and warships 19 Through this job he became acquainted with Assistant Secretary of the Navy Franklin D Roosevelt 20 Wall Street and stock market investments edit In 1919 Kennedy joined Hayden Stone amp Co a prominent stock brokerage firm with offices in Boston and New York where he became an expert dealing in the unregulated stock market of the day engaging in tactics that were later considered to be insider trading and market manipulation violations 21 He happened to be on the corner of Wall and Broad Streets at the moment of the Wall Street bombing on September 16 1920 and was thrown to the ground by the force of the blast 22 In 1923 he established his own investment company 23 Kennedy subsequently became a multi millionaire as a result of taking short positions following the 1929 stock market crash 23 Kennedy was enlisted in 1924 to help stabilize the stock of John D Hertz s Yellow Cab Company a taxi cab operator against a bear raid afterward Hertz suspected Kennedy of carrying out such a raid against the stock himself 24 In 1933 he helped establish a stock pool that bought large quantities of stock in Libbey Owens Ford LOF an auto glass manufacturer and wash traded huge volumes of stock among themselves while promoting the outright fraud that their company was related to Owens Illinois a glassmaker that made bottles which presumably would have profited from the imminent repeal of Prohibition 25 26 1929 Wall Street Crash edit Kennedy later claimed he understood that the rampant stock speculation of the late 1920s would lead to a market crash Supposedly he said that he knew it was time to get out of the market when he received stock tips from a shoe shine boy 27 Kennedy survived the crash because he possessed a passion for facts a complete lack of sentiment and a marvelous sense of timing 28 During the Great Depression Kennedy shrewdly increased his wealth by devoting most of it into investment grade real estate In 1929 Kennedy s fortune was estimated to be 4 million equivalent to 68 2 million in 2022 13 By 1935 his wealth had increased to 180 million equivalent to 3 84 billion in 2022 13 He also acquired enough capital to establish million dollar trust funds for each of his nine children that guaranteed lifelong financial independence 29 Investments edit Hollywood edit nbsp Kennedy along with fifteen others signed a telegram warning that the release of Sadie Thompson starring Gloria Swanson would jeopardize the ability of the film industry to censor itself Swanson needed financing for her film production company and Kennedy began a three year affair with her when he met her for lunch in New York after the film s release 30 Kennedy generated windfall profits from reorganizing and refinancing several Hollywood film studios He began with film distribution in New England buying first movie theaters in Massachusetts 31 but quickly moved on to industry wide arrangements and production 32 33 While still at Hayden Stone amp Co Kennedy boasted to a colleague Look at that bunch of pants pressers in Hollywood making themselves millionaires I could take the whole business away from them 34 One small studio Film Booking Offices of America or FBO specialized in Westerns produced cheaply Its owner was in financial trouble and asked Kennedy to help find a new owner Kennedy formed his own group of investors and bought it for 1 5 million 35 In March 1926 Kennedy moved to Hollywood to focus on running film studios 36 At that time film studios were permitted to own exhibition companies which were necessary to get their films on local screens With that in mind he bought controlling shares in Keith Albee Orpheum Theaters Corporation KAO which had more than 700 vaudeville theaters across the United States that had begun showing movies 37 In October 1928 he formally merged his film companies FBO and KAO to form Radio Keith Orpheum RKO 38 and made a large amount of money in the process Kennedy had no interest in vaudeville he just wanted the theaters which he planned to convert to movie houses for the film booking interests he ran in cooperation with Radio Corporation of America RCA 39 As the developer of photophone a sound system for the new talkies RCA needed to forge a connection with Hollywood to sell its product At the same time Kennedy knew that he needed to compete in the new market of sound films and to do so he would have to have access to a technology that was not proprietary 40 Keen to buy the Pantages Theatre chain which had 63 profitable theaters Kennedy made an offer of 8 million equivalent to 136 3 million in 2022 It was declined He then stopped distributing his movies to Pantages Still Alexander Pantages declined to sell 41 However when Pantages was later charged and tried for rape his reputation took a battering and he accepted Kennedy s revised offer of 3 5 million equivalent to 59 6 million in 2022 Pantages who claimed that Kennedy had set him up was later found not guilty at a second trial The girl who had accused Pantages of rape Eunice Pringle confessed on her deathbed that Kennedy was the mastermind of the plot to frame Pantages 42 43 nbsp James Roosevelt son of President Franklin D Roosevelt helped Kennedy start his liquor business after Prohibition 44 Many estimate that Kennedy made over 5 million equivalent to 85 2 million in 2022 from his investments in Hollywood During his three year affair with film star Gloria Swanson 45 he arranged the financing for her films The Love of Sunya 1927 and the ill fated Queen Kelly 1928 The duo also used Hollywood s famous body sculptor masseuse Sylvia of Hollywood 45 Their relationship ended when Swanson discovered that an expensive gift from Kennedy had actually been charged to her account 46 Liquor importing edit As soon as it became legal to do so Kennedy ventured into liquor importing One of his shipping ventures he was involved in were the importation of large shipments of high priced Scotch where he earned a handsome profit in the process Various contradictory bootlegging stories surrounding Kennedy have circulated but historians have not accepted them 47 48 49 At the start of the Franklin Roosevelt administration in March 1933 Kennedy and future Congressman James Roosevelt II founded Somerset Importers a business entity that acted as the exclusive American agent for Haig amp Haig Scotch Gordon s Dry Gin and Dewar s Scotch Kennedy kept his Somerset company for years 50 In addition Kennedy purchased spirits importation rights from Schenley Industries a Canadian distillery and liquor company 38 Though he possessed substantial investments in various shipping lines that imported significant shipments of liquor Kennedy himself drank little alcohol He so disapproved of what he considered a stereotypical Irish vice that he offered his sons 1 000 not to drink until they turned 21 51 Real estate edit Kennedy reinvested the proceeds he made from liquor importing into various residential and commercial real estate ventures much of it concentrated in New York City and the Hialeah Park Race Track in Hialeah Florida 52 53 The most important purchase of his real estate investment career was marked by the land acquisition of the largest privately owned building in the country Chicago s Merchandise Mart the world s largest building at the time which gave his family an important base in that city and an alliance with the Irish American political leadership there to lay the groundwork for realizing his sons future political ambitions 54 The Merchandise Mart s revenues became a principal source of wealth that formed much of the Kennedy family s private fortune including being a source of funding for financing his sons future political campaigns 55 Political career editSEC Chairman 1934 1935 edit nbsp Kennedy on Time magazine cover 1935In 1932 Kennedy supported Franklin D Roosevelt in his bid for the presidency This was his first major involvement in a national political campaign and he donated lent and raised a substantial amount of money for the campaign 56 In 1934 Congress established the independent Securities and Exchange Commission SEC to end irresponsible market manipulations and dissemination of false information about securities 57 Roosevelt s brain trust drew up a list of recommended candidates for the SEC chairmanship Kennedy headed the list which stated he was the best bet for Chairman because of executive ability knowledge of habits and customs of business to be regulated and ability to moderate different points of view on Commission 58 Kennedy sought out the best lawyers available giving him a hard driving team with a mission for reform They included William O Douglas and Abe Fortas both of whom were later named to the Supreme Court 59 The SEC had four missions First was to restore investor confidence in the securities market which had collapsed on account of its questionability and the external threats supposedly posed by anti business elements in the Roosevelt administration Second the SEC had to get rid of penny ante swindles based on false information fraudulent devices and get rich quick schemes Thirdly and much more important than the frauds the SEC had to end the million dollar maneuvers in major corporations whereby insiders with access to high quality information about the company knew when to buy or sell their own securities A crackdown on insider trading was essential Finally the SEC had to set up a complex system of registration for all securities sold in America with a clear set of rules deadlines and guidelines that all companies had to follow The main challenge faced by the young lawyers was drafting precise rules The SEC succeeded in its four missions as Kennedy reassured the American business community that they would no longer be deceived and taken advantage of by Wall Street He trumpeted for ordinary investors to return to the market and enable the economy to grow again 60 Kennedy s reforming work as SEC Chairman was widely praised on all sides as investors realized the SEC was protecting their interests He resigned from the SEC in September 1935 61 Chairman of U S Maritime Commission 1937 1938 edit In 1936 Roosevelt sought Kennedy s help on the campaign and Kennedy responded with his book I m for Roosevelt which he had published and made sure was widely distributed The book presented arguments for why businessmen should support Roosevelt and the New Deal told from the perspective of Kennedy s own personal endorsement The book had significant impact in the business community and after his re election Roosevelt appointed Kennedy as Chairman of the United States Maritime Commission 62 which built on his wartime experience in running a major shipyard Kennedy spent only ten months at the Commission 63 Relationship with Father Charles Coughlin edit Father Charles Coughlin an Irish Canadian priest near Detroit became the most prominent Roman Catholic spokesman on political and financial issues in the 1930s with a radio audience that reached millions every week Having been a strong supporter of Roosevelt since 1932 in 1934 Coughlin broke with the president who became a bitter opponent and a target of Coughlin s weekly anti communist anti Semitic far right anti Federal Reserve and isolationist radio talks Roosevelt sent Kennedy and other prominent Irish Catholics to try to tone down Coughlin 64 Coughlin swung his support to Huey Long in 1935 and then to William Lemke s Union Party in 1936 Kennedy strongly supported the New Deal Father Coughlin believed that the New Deal did not go far enough and thought that Franklin Roosevelt was a tool of the rich and reportedly believed as early as 1933 that Coughlin was becoming a very dangerous proposition as an opponent of Roosevelt and an out and out demagogue In 1936 Kennedy worked with Roosevelt Bishop Francis Spellman and Cardinal Eugenio Pacelli later Pope Pius XII to shut Coughlin down 65 When Coughlin returned to the air in 1940 Kennedy continued to battle against his influence among Irish Americans 66 Despite his public disputes with Coughlin it has also been acknowledged that Kennedy would also accompany Coughlin whenever the priest visited Roosevelt at Hyde Park 67 A historian with History News Network also stated that Coughlin was a friend of Kennedy as well 68 In a Boston Post article of August 16 1936 Coughlin referred to Kennedy as the shining star among the dim knights in the Roosevelt Administration 69 Ambassador to the United Kingdom 1938 1940 edit nbsp Ambassador Joseph Kennedy with Winston Churchill in London 1939In 1938 Roosevelt appointed Kennedy as the United States ambassador to the Court of St James s United Kingdom Kennedy hoped to succeed Roosevelt in the White House 70 telling a British reporter in late 1939 that he was confident that Roosevelt would fall in 1940 that year s presidential election 68 Kennedy and his family retreated to the countryside during the bombings of London by German aircraft in World War II In so doing he damaged his reputation with the British 71 This move prompted Randolph Churchill to say I thought my daffodils were yellow until I met Joe Kennedy 72 Kennedy developed a reputation as a defeatist 73 High society editAccording to the U S National Archives In London the American Ambassador and his wife soared to the heights of British society In the spring of 1938 the couple luxuriated in the warmth of English hospitality hobnobbing with aristocrats and royalty at the many balls dinners regattas and derbies of the season The highlight was surely the April weekend that they spent at Windsor Castle guests of King George VI and his wife Queen Elizabeth 74 While getting dressed for an evening at Windsor Castle soon after he arrived Kennedy paused in momentary reflection and remarked to his wife Well Rose this is a helluva long way from East Boston isn t it 75 On May 6 1944 Kennedy s daughter Kathleen married William Billy Cavendish Marquess of Hartington the elder son of the Duke of Devonshire The union was disapproved by Rose Kennedy due to Hartington being an Anglican Unable to reconcile their religious backgrounds Hartington and Kathleen were married in a civil ceremony Hartington a major in the Coldstream Guards was killed in action in 1944 76 Appeasement edit Kennedy rejected the belief of Winston Churchill that any compromise with Nazi Germany was impossible Instead he supported Prime Minister Neville Chamberlain s policy of appeasement Throughout 1938 while the Nazi persecution of the Jews in Germany intensified Kennedy attempted to arrange a meeting with Adolf Hitler 77 Shortly before the Nazi bombing of British cities began in September 1940 Kennedy once again sought a personal meeting with Hitler without the approval of the U S Department of State in order to bring about a better understanding between the United States and Germany 78 Anti British sentiment edit When war finally came in September 1939 Kennedy s public support for American neutrality conflicted with Roosevelt s increasing efforts to provide aid to Britain 79 Democracy is finished in England It may be here in the United States 80 he stated in the Boston Sunday Globe of November 10 1940 With German troops having overrun Poland Denmark Norway Belgium the Netherlands Luxembourg and France and with daily bombings of Great Britain Kennedy unambiguously and repeatedly stated that the war was not about saving democracy from National Socialism Nazism or from Fascism In an interview with two newspaper journalists Louis M Lyons of The Boston Globe and Ralph Coghlan of the St Louis Post Dispatch Kennedy said It s all a question of what we do with the next six months The whole reason for aiding England is to give us time As long as she is in there we have time to prepare It isn t that Britain is fighting for democracy That s the bunk She s fighting for self preservation just as we will if it comes to us I know more about the European situation than anybody else and it s up to me to see that the country gets it 80 Isolationism edit Kennedy s views became inconsistent and increasingly isolationist British MP Josiah Wedgwood IV who had himself opposed the British government s earlier appeasement policy said of Kennedy We have a rich man untrained in diplomacy unlearned in history and politics who is a great publicity seeker and who apparently is ambitious to be the first Catholic president of the U S 81 Anti Semitism edit According to Harvey Klemmer who served as one of Kennedy s embassy aides Kennedy habitually referred to Jews as kikes or sheenies Kennedy allegedly told Klemmer that some individual Jews are all right Harvey but as a race they stink They spoil everything they touch 78 When Klemmer returned from a trip to Germany and reported the pattern of vandalism and assaults on Jews by Nazis Kennedy responded Well they brought it on themselves 82 On June 13 1938 Kennedy met in London with Herbert von Dirksen the German ambassador to the United Kingdom who claimed upon his return to Berlin that Kennedy had told him that it was not so much the fact that we want to get rid of the Jews that was so harmful to us but rather the loud clamor with which we accompanied this purpose Kennedy himself fully understood our Jewish policy 83 Kennedy s main concern with such violent acts against German Jews as Kristallnacht was that they generated bad publicity in the West for the Nazi regime a concern that he communicated in a letter to Charles Lindbergh 84 Kennedy had a close friendship with Viscountess Astor and their correspondence is replete with anti Semitic statements 85 According to Edward Renehan As fiercely anti Communist as they were anti Semitic Kennedy and Astor looked upon Adolf Hitler as a welcome solution to both of these world problems Nancy s phrase Kennedy replied that he expected the Jew media in the United States to become a problem that Jewish pundits in New York and Los Angeles were already making noises contrived to set a match to the fuse of the world 86 By August 1940 Kennedy worried that a third term for President Roosevelt would mean war Biographer Laurence Leamer in The Kennedy Men 1901 1963 reports Joe believed that Roosevelt Churchill the Jews and their allies would manipulate America into approaching Armageddon 87 Nevertheless Kennedy supported Roosevelt s third term in return for Roosevelt s promise to support Joseph Kennedy Jr in a run for Governor of Massachusetts in 1942 88 However even during the darkest months of World War II Kennedy remained more wary of prominent American Jews such as Associate Justice Felix Frankfurter than he was of Hitler 89 Kennedy told the reporter Joe Dinneen It is true that I have a low opinion of some Jews in public office and in private life That does not mean that I believe they should be wiped off the face of the Earth Jews who take an unfair advantage of the fact that theirs is a persecuted race do not help much Publicizing unjust attacks upon the Jews may help to cure the injustice but continually publicizing the whole problem only serves to keep it alive in the public mind 90 Recall edit When the White House read his quotes it became clear that Kennedy was completely out of step with Roosevelt s policies 91 Kennedy was recalled from his diplomatic duties and returned to the United States Roosevelt urgently needed his support to hold the Catholic vote and invited him to spend the night at the White House Kennedy agreed to make a nationwide radio speech to advocate Roosevelt s reelection Roosevelt was pleased with the speech because Nasaw says it successfully rallied reluctant Irish Catholic voters to his side buttressed his claims that he was not going to take the nation into war and emphasized that he alone had the experience to lead the nation in these difficult times After Roosevelt was reelected Kennedy submitted his resignation as ambassador 92 Throughout the rest of the war relations between Kennedy and the Roosevelt Administration remained tense especially when Joe Jr a Massachusetts delegate at the 1940 Democratic National Convention vocally opposed President Roosevelt s unprecedented nomination for a third term which began in 1941 Kennedy may have wanted to run for president himself in 1940 or later Having effectively removed himself from the national stage Joe Sr sat out World War II on the sidelines Kennedy stayed active in the smaller venues of rallying Irish American and Roman Catholic Democrats to vote for Roosevelt s re election for a fourth term in 1944 Former Ambassador Kennedy claimed to be eager to help the war effort but as a result of his previous gaffes he was neither trusted nor invited to do so 93 Alliances edit Kennedy used his wealth and connections to build a national network of supporters that became the base for his sons political careers He especially concentrated on Irish American communities in large cities particularly Boston New York Chicago Pittsburgh and several New Jersey cities 94 Kennedy also used Arthur Krock of The New York Times America s most influential political columnist for decades as a paid speechwriter and political advisor 95 A political conservative John F Kennedy once described his father as being to the right of Herbert Hoover 96 Kennedy supported Richard Nixon who had entered Congress with John in 1947 In 1960 Joe Kennedy approached Nixon praised his anti Communism and said Dick if my boy can t make it I m for you for the presidential election that year 97 Alliance with Senator Joseph McCarthy edit Kennedy s close ties with Republican Senator Joseph McCarthy strengthened his family s position among Irish Catholics but weakened it among liberals who strongly opposed McCarthy Even before McCarthy became famous in 1950 Kennedy had forged close ties with the Republican Senator Kennedy often brought him to his family compound in Hyannis Port Massachusetts as a weekend house guest in the late 1940s McCarthy at one point dated his daughter Patricia 98 When McCarthy became a dominant voice of anti Communism starting in 1950 Kennedy contributed thousands of dollars to McCarthy and became one of his major supporters In the U S Senate race of 1952 Kennedy apparently worked a deal so that McCarthy a Republican would not make campaign speeches for the Republican ticket in Massachusetts In return Congressman John F Kennedy running for the Senate seat would not give any anti McCarthy speeches that his liberal supporters wanted to hear 98 At Kennedy s urging in 1953 McCarthy hired his 27 year old son Robert F Kennedy as a senior staff member of the Senate s investigations subcommittee which McCarthy chaired In 1954 when the Senate was threatening to condemn McCarthy Senator John Kennedy faced a dilemma How could I demand that Joe McCarthy be censured for things he did when my own brother was on his staff asked JFK 98 By 1954 Robert and McCarthy s chief aide Roy Cohn had fallen out with each other and Robert no longer worked for McCarthy John had a speech drafted calling for the censure of McCarthy but never delivered it When the Senate voted to censure McCarthy on December 2 1954 Senator Kennedy was in a hospital and never indicated how he would cast his vote Joe Kennedy strongly supported McCarthy to the end 98 Involvement in sons political careers edit Kennedy s connections and influence were turned into political capital for the political campaigns of sons John Robert and Ted Kennedy had been consigned to the political shadows after his remarks during World War II Democracy is finished and he remained an intensely controversial figure among U S citizens because of his suspect business credentials his Roman Catholicism his opposition to Roosevelt s foreign policy and his support for Joseph McCarthy Although his own ambitions to achieve the U S presidency were thwarted Kennedy held out great hope for his eldest son Joseph Kennedy Jr to seek the presidency However Joe Jr who had become a U S Navy bomber pilot was killed over the English Channel in August 1944 while undertaking Operation Anvil After grieving over his dead son Joe Sr turned his attention to his second son John for a run for political office 99 When John F Kennedy was asked about the level of involvement and influence that his father had held in his razor thin presidential victory over Richard Nixon he would joke that on the eve of the election his father had asked him the exact number of votes he would need to win There was no way he was paying for a landslide Kennedy was one of four fathers the other three being George Tryon Harding Nathaniel Fillmore and George H W Bush to live through the entire presidency of a son 100 Historian Richard J Whalen describes Kennedy s influence on John s policy decisions in his biography of Kennedy Kennedy was influential in creating the Kennedy Cabinet which included Robert Kennedy as attorney general although he had never argued or tried a case 101 Personal life editMain article Kennedy family Joseph and Rose Kennedy had nine children 102 Three of the Kennedys sons attained distinguished political positions John F Kennedy 1917 1963 served as a U S representative from Massachusetts 1947 1953 a U S senator from Massachusetts 1953 1960 and as 35th president of the United States 1961 1963 Robert F Kennedy 1925 1968 served as U S attorney general 1961 1964 and as a U S senator from New York 1965 1968 and Edward M Ted Kennedy 1932 2009 served as a U S senator from Massachusetts 1962 2009 His eldest son Joseph P Kennedy Jr 1915 1944 was groomed to be president but died on active duty in World War II on a dangerous experimental flying mission over the English Channel One of the Kennedys daughters Eunice Kennedy Shriver founded the Special Olympics for disabled people 103 while another Jean Kennedy Smith served as U S Ambassador to Ireland 104 As Kennedy s business success expanded he and his family lived in increasing prosperity in Massachusetts New York around Washington D C London as well as the French Riviera Their two permanent homes were located in Hyannis Port Massachusetts and Palm Beach Florida 105 106 Kennedy engaged in numerous extramarital relationships 107 including relationships with actresses Gloria Swanson 6 108 and Marlene Dietrich 109 and with his secretary Janet DesRosiers Fontaine 110 He also managed Swanson s personal and business affairs 111 112 Name Birth Death Marriage and childrenJoseph Patrick Joe Kennedy Jr July 25 1915 August 12 1944 Never married and had no children but was once engaged to Athalia Ponsell John Fitzgerald Jack Kennedy May 29 1917 November 22 1963 Married in 1953 to Jacqueline Lee Bouvier had four children assassinated Rose Marie Rosemary Kennedy September 13 1918 January 7 2005 Never married and had no children Kathleen Agnes Kick Kennedy February 20 1920 May 13 1948 Married in 1944 to William John Robert Cavendish Marquess of Hartington never had childrenEunice Mary Kennedy July 10 1921 August 11 2009 Married in 1953 to Robert Sargent Shriver Jr had five children Patricia Helen Pat Kennedy May 6 1924 September 17 2006 Married in 1954 to English actor Peter Sydney Ernest Lawford had four children divorced in 1966 Robert Francis Bobby Kennedy November 20 1925 June 6 1968 Married in 1950 to Ethel Skakel had eleven children assassinated Jean Ann Kennedy February 20 1928 June 17 2020 Married in 1956 to Stephen Edward Smith had two sons and adopted two daughters Edward Moore Ted Kennedy February 22 1932 August 25 2009 Married in 1958 to Virginia Joan Bennett had three children divorced in 1982 Remarried in 1992 to Victoria Anne Reggie had no children Lobotomy of Rosemary Kennedy edit See also Rosemary Kennedy Lobotomy nbsp The family at their home in Hyannis Port Massachusetts 1931 Rosemary Kennedy is seated on the far right When Rosemary Kennedy was 23 years old doctors told Joseph Kennedy Sr that a form of psychosurgery known as a lobotomy would help calm her mood swings and stop her occasional violent outbursts 113 114 Accounts of Rosemary s life indicated that she was intellectually disabled 115 116 although some have raised questions about the Kennedys accounts of the nature and scope of her disability 117 Rosemary s erratic behavior frustrated her parents her father was especially worried that she would shame and embarrass the family and damage his political career and that of his other children 117 116 Kennedy requested that surgeons perform a lobotomy on Rosemary The lobotomy took place in November 1941 115 118 Kennedy did not inform his wife about the procedure until after it was completed 119 James W Watts and Walter Freeman both of George Washington University School of Medicine performed the surgery 120 The lobotomy was a disaster 115 leaving Rosemary Kennedy permanently incapacitated 113 Her mental capacity diminished to that of a two year old child she could not walk or speak intelligibly and was incontinent 121 Following the lobotomy Rosemary was immediately institutionalized 122 In 1949 she was relocated to Jefferson Wisconsin where she lived for the rest of her life on the grounds of the St Coletta School for Exceptional Children formerly known as St Coletta Institute for Backward Youth 123 Kennedy did not visit his daughter at the institution 124 In Rosemary The Hidden Kennedy Daughter author Kate Clifford Larson stated that Rosemary s lobotomy was hidden from the family for twenty years 125 In 1961 after Kennedy suffered a stroke that left him unable to speak his children were made aware of Rosemary s location 125 The lobotomy did not become public knowledge until 1987 126 Rosemary Kennedy died from natural causes 127 on January 7 2005 at the age of 86 119 Dr Bertram S Brown director of the National Institute of Mental Health who was previously an aide to President Kennedy told a Kennedy biographer that Kennedy referred to Rosemary as mentally retarded rather than mentally ill in order to protect his son John s reputation for a presidential run Brown added that the family s lack of support for mental illness was part of a lifelong family denial of what was really so 113 128 129 130 Illness and death edit nbsp Kennedy and family celebrate his birthday in Hyannis Port in 1963 On December 19 1961 at the age of 73 Kennedy suffered a stroke He survived but was left paralyzed on his right side Thereafter he suffered from aphasia which severely affected his ability to speak He remained mentally alert regained certain functions with therapy and began walking with a cane His speech also showed some improvement 131 Kennedy began to experience excessive muscular weakness which eventually required him to use a wheelchair In 1964 Kennedy was taken to The Institutes for the Achievement of Human Potential in Philadelphia a medical and rehabilitative center for those who have experienced brain injury 131 Kennedy s son Robert was shot on June 5 1968 while running for president He died in a Los Angeles hospital the following morning at the age of forty two 132 In the aftermath of Robert s death Kennedy made his last public appearance when he his wife and son Ted made a filmed message to the country 133 He died at home in Hyannis Port the following year on November 18 1969 two days before what would have been Robert s 44th birthday He was 81 years old 134 He had outlived four of his children 135 He was buried at Holyhood Cemetery in Brookline Massachusetts Kennedy s widow Rose was buried next to him following her death in 1995 at age 104 as was their daughter Rosemary in 2005 136 See also editKennedy curse Kennedy familyPortals nbsp Biography nbsp Business nbsp Film nbsp United States nbsp PoliticsReferences edit a b c Generations of the Kennedy Family American Experience PBS www pbs org Joseph Kennedy Biography Facts amp Family Encyclopedia Britannica September 4 2023 a b Hilty James April 4 2000 Robert Kennedy Brother Protector Temple University Press ISBN 9781566397667 via Google Books Watson William E Halus Eugene J Jr November 25 2014 Irish Americans The History and Culture of a People The History and Culture of a People ABC CLIO ISBN 9781610694674 via Google Books All the Tragedy That Has Led to Belief in a Kennedy Curse E Online August 2 2019 a b Graham James October 7 2014 The Wedding That Changed American History Time DeCosta Klipa Nik May 17 2017 Meet Honey Fitz The pixie like mayor of Boston and JFK s grandfather Boston com Nasaw p 42 David Nasaw The Patriarch The Remarkable Life and Turbulent Times of Joseph P Kennedy 2012 pp 168 69 Okrent Daniel April 26 2010 The Biggest Kennedy Myth The Daily Beast The Newsweek Daily Beast Company LLC Retrieved April 7 2013 Nasaw pp 79 81 What is 300 000 000 in 1957 worth in 2023 a b c 1634 1699 McCusker J J 1997 How Much Is That in Real Money A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States Addenda et Corrigenda PDF American Antiquarian Society 1700 1799 McCusker J J 1992 How Much Is That in Real Money A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States PDF American Antiquarian Society 1800 present Federal Reserve Bank of Minneapolis Consumer Price Index estimate 1800 Retrieved May 28 2023 Smith Richard Austin November 1 1957 The Fifty Million Dollar Man Fortune sidebar America s Biggest Fortunes Kessler p 25 Joseph P Kennedy JFK Library www jfklibrary org Kessler p 27 Dallek Robert 2003 An Unfinished Life John F Kennedy 1917 1963 p 21 A Rise to Prominence John F Kennedy s Paternal Lineage National Park Service Joseph P Kennedy JFK Library www jfklibrary org Logevall Fredrik 2021 JFK Coming of Age in the American Century 1917 1956 Random House p 45 Beverly Gage The Day Wall Street Exploded Oxford University Press 2009 p 156 a b Bernuth Lauren Von March 22 2018 Joseph Kennedy amp How He Built The Kennedy Family Fortune Through Insider Trading Archived from the original on October 27 2021 Retrieved October 11 2021 Chernow Ron The House of Morgan An American Banking Dynasty and the Rise of Modern Finance Grove Atlantic p 307 Nasaw p 192 Ronald Susan 2021 The Ambassador Joseph P Kennedy at the Court of St James s 1938 1940 St Martin s Publishing Group p 13 Ecommerce Who wants to be a millionaire Computer Business Review February 2000 Essay The Merits of Speculation Time September 22 1967 Nasaw p 92 131 Kessler pp 60 61 Dallek Robert 2003 An Unfinished Life John F Kennedy 1917 1963 p 22 Nasaw p 66 Black Conrad 2012 The Peculiar Life of Joseph Kennedy The National Interest 122 69 80 JSTOR 42896563 Beauchamp Cari 2009 Joseph Kennedy Presents His Hollywood Years p 23 Knopf New York ISBN 978 1 4000 4000 1 Joseph P Kennedy JFK Library www jfklibrary org Goodwin Doris Kearns 1987 The Fitzgeralds and the Kennedys St Martin s Press pp 345 46 Kessler p 53 a b Richard J Whalen The Founding Father 1964 Haupert Michael J 2012 Entertainment Industry A Reference Handbook Bloomsbury Academic p 7 Joseph P Kennedy JFK Library www jfklibrary org Kessler p 57 Anger Kenneth 1984 Hollywood Babylon II New York E P Dutton Inc p 35 Beauchamp Cari 2010 Joseph P Kennedy Presents His Hollywood Years Vintage Books pp 297 298 ISBN 978 0 307 47522 0 Kessler pp 106 107 a b Beauchamp Cari 2009 Joseph Kennedy Presents His Hollywood Years pp 263 5 Knopf New York ISBN 978 1 4000 4000 1 Kessler p 86 Nasaw pp 79 81 Roos Dave April 26 2023 How Joseph Kennedy Made His Fortune Hint It Wasn t Bootlegging History com Smashing Mythology Joseph Patrick Kennedy Sr and Bootlegging National Park Service Nasaw p 611 Leamer 308 The Kennedy Wealth PBS American Experience How Joe Kennedy Made His Millons Life January 25 1963 p 70 Big Mart Bought by Joseph Kennedy The New York Times July 22 1945 James Langton End of the house that Joe built The Sunday Telegraph via the Ottawa Citizen March 22 1998 A10 Joseph P Kennedy JFK Library www jfklibrary org Mario R Di Nunzio 2011 Franklin D Roosevelt and the Third American Revolution ABC CLIO p 55 ISBN 9780313392832 Nasaw p 208 Nasaw p 216 Nassau The Patriarch pp 219 28 Joseph P Kennedy JFK Library www jfklibrary org Securities and Exchange Commission Historical Society www sechistorical org Joseph P Kennedy JFK Library www jfklibrary org Leamer 93 Brinkley 127 Maier pp 103 107 Smith pp 122 171 379 502 Alan Brinkley Voices of Protest 1984 p 127 Michael Kazin The Populist Persuasion 1995 pp 109 123 JoEllen M Vinyard June 7 2011 Right in Michigan s Grassroots From the KKK to the Michigan Militia University of Michigan p 148 Retrieved July 21 2018 kennedy coughlin a b Joseph Kennedy and the Jews Edward Renehan Jr History News Network accessed July 21 2018 Thomas Maier March 25 2009 The Kennedys America s Emerald Kings A Five Generation History of the Ultimate Irish Catholic Family Basic Books pp 498 ISBN 978 0 7867 4016 1 Whitehead Philip October 11 1992 The bootleg politician He could have anything he wanted except the thing he wanted most So Joe Kennedy used his money and the vast influence it bought to promote the next generation But how had he made the fortune that bought the presidency The Independent Archived from the original on June 17 2022 Retrieved July 12 2019 Simons Graham M April 30 2020 The Secret US Plan to Overthrow the British Empire War Plan Red Frontline Books ISBN 9781526712059 via Google Books Maier Thomas October 28 2014 When Lions Roar The Churchills and the Kennedys Crown ISBN 9780307956811 via Google Books Browne Blaine T October 10 2019 Mighty Endeavor The American Nation and World War II Rowman amp Littlefield ISBN 9781538114919 via Google Books See Eyewitness Kessler p 157 Nasaw pp 564 572 Hersh 64 a b Hersh 63 The Roosevelts and the Kennedys Franklin D Roosevelt Presidential Library and Museum November 22 2013 a b Boston Sunday Globe November 10 1940 Davis John H 1993 The Kennedys Dynasty and Disaster S P I Books p 94 ISBN 978 1 56171 060 7 Leamer 115 Hersh 64 Renehan 29 Renehan 60 Renehan 26 27 Leamer 136 Renehan Joseph Kennedy and the Jews Leamer 134 Fleming Thomas The New Dealers War F D R And The War Within World War II Basic Books 2001 Renehan 311 Kessler p 277 Reynolds David 2006 From World War to Cold War Churchill Roosevelt and the International History of the 1940s OUP Oxford p 149 Nasaw pp 492 96 quote p 496 Leamer pp 152 53 William E Leuchtenburg In the Shadow of FDR From Harry Truman to George W Bush 2001 pp 68 73 Leamer pp 313 434 Adam Cohen and Elizabeth Taylor American Pharaoh Mayor Richard J Daley His Battle for Chicago and the Nation 2001 p 250 Timothy J Meagher The Columbia Guide to Irish American History 2005 p 150 Leamer p 349 William Edward Leuchtenburg 2001 In the Shadow of FDR From Harry Truman to George W Bush Cornell University Press pp 80 ISBN 0 8014 8737 4 Kakutani Michiko May 24 1996 Kennedy and Nixon An Uneasy Relationship The New York Times Retrieved August 1 2013 a b c d Michael O Brien John F Kennedy A Biography 2005 250 54 274 79 396 400 Thomas C Reeves The Life and Times of Joe McCarthy 1982 442 3 Maier The Kennedys 270 280 Beauchamp Cari January 4 2012 Two Sons One Destiny The Hive Parents at the Inaugurations Presidents Parents Presidentsparents com Retrieved May 9 2014 Kessler p 389 Eunice Kennedy Shriver s Death Leaves 2 Living Kennedy Siblings Associated Press March 25 2015 Baranauckas Carla August 11 2009 Eunice Kennedy Shriver Influential Founder of Special Olympics Dies at 88 The New York Times Last living sibling of John F Kennedy celebrates her 91st birthday IrishCentral com February 20 2019 Rose Fitzgerald Kennedy Personal Papers John F Kennedy Presidential Library amp Museum Smith Jeffery K 2010 Bad Blood Lyndon B Johnson Robert F Kennedy and the Tumultuous 1960s AuthorHouse p 32 ISBN 978 1452084435 Heil Emily July 11 2016 New Kick Kennedy bio recounts her father s affairs with Hollywood actresses The Washington Post Kennedy and Swanson as if We Didn t Know AND JOE The Star Crossed Love Affair of Gloria Swanson and Joe Kennedy by Axel Madsen William Morrow Arbor House 18 95 328 pp illustrated February 14 1988 via LA Times Beauchamp Cari February 13 2009 It Happened at the Hotel du Cap The Hive Hosenball Mark October 5 1997 The JFK Marilyn Hoax Newsweek Welsch 2013 p 205 Welsch 2013 p 237 a b c Block Jennie Weiss 2002 Copious hosting a theology of access for people with disabilities Continuum International Publishing Group p 56 ISBN 9780826413499 Rosemary Kennedy The Truth About Her Lobotomy People Retrieved September 6 2015 a b c McNeil Liz September 6 2018 The Untold Story of JFK s Sister Rosemary Kennedy and Her Disastrous Lobotomy People a b Gordon Meryl October 6 2015 Rosemary The Hidden Kennedy Daughter by Kate Clifford Larson The New York Times a b The exiled Kennedy The Independent January 15 2005 Archived from the original on June 17 2022 McNeil Liz September 13 2018 Unseen Letters from JFK s Sister Rosemary Who Underwent a Lobotomy Reveal Depth of Her Loss People a b Cornwell Rupert January 10 2005 Obituaries Rosemary Kennedy The Independent Archived from the original on June 17 2022 Retrieved January 24 2013 Kessler Ronald The Sins of the Father Warner Books 1996 p 243 Henley Jon August 12 2009 The Forgotten Kennedy The Guardian Leamer p 322 Leamer p 412 and caption to photo of the house facing p 650 Collier Peter Horowitz David 1984 The Kennedys Summit Books p 116 ISBN 978 0 671 44793 9 a b McNeil Liz September 3 2015 Why Rosemary Kennedy s Siblings Didn t See Her for 20 Years After Her Lobotomy People O Dowd Niall November 9 2020 Remembering the sad and dreadful life of Rosemary Kennedy IrishCentral com Sister of President John F Kennedy dies The Daily Telegraph January 8 2005 Archived from the original on January 11 2022 Retrieved January 24 2013 Kessler pp 252 253 Shorter Edward 2000 The Kennedy Family and the History of Mental Retardation Temple University Press pp 32 33 ISBN 1566397839 Murawski Wendy W Spencer Sally 2011 Collaborate Communicate and Differentiate How to Increase Student Learning in Today s Diverse Schools Corwin Press p 3 ISBN 9781412981842 a b People May 22 1964 Time May 22 1964 RFK 50 years later A look back at the assassination of Bobby Kennedy NBC News June 6 2018 Edward amp Rose Kennedy thanks the nation following Robert F Kennedy s assassination YouTube June 15 1968 Archived from the original on December 12 2021 Kakutani Michiko November 29 2012 David Nasaw s Patriarch on Joseph P Kennedy The New York Times Bradley Richard November 13 2012 Sins of the Father BostonMagazine com Katz Alex Andersen Travis September 22 2011 Friends family bid farewell to Kennedy in D C Brookline Boston com via The Boston Globe Bibliography editBrinkley Alvin Voices of Protest Vintage 1983 Goodwin Doris K The Fitzgeralds and the Kennedys An American Saga Simon amp Schuster 1987 Hersh Seymour The Dark Side of Camelot Back Bay Books 1998 Kessler Ronald The Sins of the Father Joseph P Kennedy and the Dynasty He Founded Warner 1996 Leamer Laurence The Kennedy Men 1901 1963 Harper 2002 Logevall Fredrik JFK Coming of Age in the American Century 1917 1956 2020 excerpt Maier Thomas The Kennedys America s Emerald Kings Basic Books 2003 Nasaw David The Patriarch The Remarkable Life and Turbulent Times of Joseph P Kennedy The Penguin Press 2012 excerpt O Brien Michael John F Kennedy A Biography St Martin s Press 2005 Renehan Edward The Kennedys at War 1937 1945 Doubleday 2002 Renehan Edward Joseph Kennedy and the Jews History News Network April 29 2002 Ronald Susan The Ambassador Joseph P Kennedy at the Court of St James s 1938 1940 2021 excerpt Schwarz Ted Joseph P Kennedy The Mogul the Mob the Statesman and the Making of an American Myth Wiley 2003 Welsch Tricia 2013 Gloria Swanson Ready for Her Close Up University Press of Mississippi ISBN 978 1 62103 991 4 subscription required Whalen Richard J The Founding Father The Story of Joseph P Kennedy The New American Library of World Literature Inc 1964 Primary sources edit Smith Amanda ed Hostage to Fortune The Letters of Joseph P Kennedy Viking 2001 the major collection of letters to and from KennedyExternal links editJoseph P Kennedy Sr at IMDb The Kennedys PBS Special Archived March 6 2009 at the Wayback Machine FBI files on Joseph P Kennedy Sr Affair with Marlene Dietrich Correspondence with the Secretary of State at the Franklin D Roosevelt Library Joseph P Kennedy Sr Find a Grave Retrieved July 25 2015 Newspaper clippings about Joseph P Kennedy Sr in the 20th Century Press Archives of the ZBWGovernment officesNew office Chair of the U S Securities and Exchange Commission1934 1935 Succeeded byJames M LandisDiplomatic postsPreceded byRobert Worth Bingham United States Ambassador to the United Kingdom1938 1940 Succeeded byJohn G Winant Retrieved from https en wikipedia org w index php title Joseph P Kennedy Sr amp oldid 1204979885, wikipedia, wiki, book, books, library,

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