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{{short description|American businessman and politician}} {{short description|American businessman and politician (1888–1969)}}
{{redirect|Joseph Kennedy}} {{redirect|Joseph Kennedy}}
{{pp-vandalism|small=yes}}
{{Use mdy dates|date=September 2020}} {{Use mdy dates|date=September 2020}}
{{Infobox officeholder {{Infobox officeholder
| name = Joseph P. Kennedy Sr. | name = Joseph P. Kennedy Sr.
| image = Joseph P. Kennedy, Sr. 1938.jpg | image = Joseph P. Kennedy, Sr. 1938 (cropped).jpg
| caption = Kennedy in 1938 | caption = Kennedy in 1938
| office = 44th ] | office = 44th ]
| president = ] | president = ]
| term_start = March 8, 1938 | term_start = March 8, 1938
| term_end = October 22, 1940 | term_end = October 22, 1940
| predecessor = ] | predecessor = ]
| successor = ] | successor = ]
| office1 = 1st Chair of the ] | office1 = 1st Chair of the ]
| president1 = Franklin D. Roosevelt | president1 = Franklin D. Roosevelt
| term_start1 = April 14, 1937 | term_start1 = April 14, 1937
| term_end1 = February 19, 1938 | term_end1 = February 19, 1938
| predecessor1 = ''Position established'' | predecessor1 = ''Position established''
| successor1 = ] | successor1 = ]
| office2 = 1st Chair of the ] | office2 = 1st Chair of the ]
| president2 = Franklin D. Roosevelt | president2 = Franklin D. Roosevelt
| term_start2 = June 30, 1934 | term_start2 = June 30, 1934
| term_end2 = September 23, 1935 | term_end2 = September 23, 1935
| predecessor2 = ''Position established'' | predecessor2 = ''Position established''
| successor2 = ] | successor2 = ]
| birth_name = Joseph Patrick Kennedy | birth_name = Joseph Patrick Kennedy
| birth_date = {{birth date|1888|9|6}} | birth_date = {{birth date|1888|9|6}}
| birth_place = ], ], U.S. | birth_place = ], ], U.S.
| death_date = {{death date and age|1969|11|18|1888|9|6}} | death_date = {{death date and age|1969|11|18|1888|9|6}}
| death_place = ], U.S. | death_place = ], Massachusetts, U.S.
| restingplace = ] | restingplace = ]
| party = ] | party = ]
| spouse = {{marriage|]|1914}} | spouse = {{marriage|]|1914}}
| children = {{hlist|]|]|]|]|]|]|]|]|]}} | children = {{hlist|]|]|]|]|]|]|]|]|]}}
| parents = ]<br />Mary Augusta Kennedy | parents = {{ubl|]|Mary Augusta Hickey}}
| relatives = ''See ]'' | relatives = ]
| education = ] (]) | education = ] (])
| signature = Joseph P Kennedy Signature.svg | signature = Joseph P Kennedy Signature.svg
| occupation = ] and ] | occupation = {{hlist|]|]|]|]}}
}} }}


'''Joseph Patrick Kennedy Sr.''' (September 6, 1888 – November 18, 1969) was a prominent American businessman, investor and politician. He is known for his own political prominence as well as that of his children and was the patriarch of the Irish-American ]. '''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 ], which included President ], attorney general and senator ], and longtime senator ].


Kennedy was born to a political family in ], ]. He made a large fortune as a stock market and commodity investor and later rolled over his profits by investing in real estate and a wide range of business industries across the United States. During ], he was an assistant ] of a Boston area ] shipyard; through that position, he became acquainted with ], who was the Assistant Secretary of the Navy. In the 1920s, Kennedy made huge profits by reorganizing and refinancing several ] studios; several acquisitions were ultimately merged into ] (RKO) Studios.<ref name="Richard J. Whalen 1964">Richard J. Whalen, ''The Founding Father'', 1964.</ref> Kennedy increased his fortune with distribution rights for ]. He owned the largest privately-owned building in the country, Chicago's ]. Kennedy was born into a political family in ], 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 ] he was an assistant ] of a Boston area ] shipyard; through that position he became acquainted with ], who was the Assistant Secretary of the Navy. In the 1920s Kennedy made huge profits by reorganizing and refinancing several ] studios; several acquisitions were ultimately merged into ] (RKO) studios. Kennedy increased his fortune with distribution rights for ]. He owned the largest privately owned building in the country, Chicago's ].


Kennedy was a leading member of the ] and of the ] community. President Roosevelt appointed Kennedy to be the first chairman of the ] (SEC), which he led from 1934 to 1935. Kennedy later directed the ]. Kennedy served as the ] from 1938 to late 1940. With the outbreak of ] in September 1939, Kennedy was pessimistic about Britain's ability to survive attacks from ]. During the ] in November 1940, Kennedy publicly suggested, "Democracy is finished in England. It may be here ."<ref name="ReferenceA">''Boston Sunday Globe'', November 10, 1940.</ref> After a controversy regarding this statement, Kennedy resigned his position. Kennedy was a leading member of the ] and of the ] community. President Roosevelt appointed Kennedy to be the first chairman of the ] (SEC), which he led from 1934 to 1935. Kennedy later directed the ]. Kennedy served as the ] from 1938 to late 1940. With the outbreak of ] in September 1939, Kennedy was pessimistic about Britain's ability to survive attacks from ]. During the ] in November 1940, Kennedy publicly suggested, "Democracy is finished in England. It may be here ." After a controversy regarding this statement, Kennedy resigned his position.


Kennedy was married to ] 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: ] (1917–1963) served as a U.S. senator from Massachusetts and as the 35th president of the United States, ] (1925–1968) served as the ] and as a U.S. senator from New York, and ] (1932–2009) also served as a U.S. senator from Massachusetts. Kennedy was married to ]; the couple 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 as the ] and as a U.S. senator from New York, and Ted as a U.S. senator from Massachusetts.


==Background, early life, and education== ==Early life and education==
] ]]]
Joseph Patrick Kennedy Sr. was born on September 6, 1888, at 151 Meridian Street in ], Massachusetts.<ref name="auto3">{{Cite web|url=https://www.pbs.org/wgbh/americanexperience/features/generations-kennedy-family/|title=Generations of the Kennedy Family &#124; American Experience &#124; PBS|website=www.pbs.org}}</ref><ref>{{Cite web|url=https://www.britannica.com/biography/Joseph-P-Kennedy|title=Joseph Kennedy &#124; Biography, Facts, & Family|website=Encyclopedia Britannica|date=September 4, 2023 }}</ref> Kennedy was the elder son of Mary Augusta (née Hickey) Kennedy and businessman and politician ].<ref name="auto3"/> Kennedy attended ], where he excelled at ] and was elected class president<ref name="auto6">{{Cite book|url=https://books.google.com/books?id=_QpECR5E7_0C&q=joseph+kennedy+boston+latin+class+president&pg=PA11|title=Robert Kennedy: Brother Protector|first=James|last=Hilty|date=April 4, 2000|publisher=Temple University Press|isbn=9781566397667|via=Google Books}}</ref> before graduating in 1908.<ref name="auto3"/>


Kennedy then attended ], where he gained admittance to the prestigious ] but was not invited to join the ].<ref name="auto6"/> Kennedy graduated in 1912<ref>{{Cite book|url=https://books.google.com/books?id=ujm2BQAAQBAJ&q=joseph+p.+kennedy+sr.+graduate+harvard+1912&pg=PA118|title=Irish Americans: The History and Culture of a People: The History and Culture of a People|first1=William E.|last1=Watson|first2=Eugene J. Jr.|last2=Halus|date=November 25, 2014|publisher=ABC-CLIO|isbn=9781610694674|via=Google Books}}</ref> with a bachelor's degree in economics.<ref>{{Cite web|url=https://www.eonline.com/news/1046837/how-the-kennedy-dynasty-has-endured-in-the-wake-of-so-much-scandal-and-tragedy|title=All the Tragedy That Has Led to Belief in a Kennedy Curse|date=August 2, 2019|website=E! Online}}</ref>
Joseph Patrick Kennedy was born in 1888 in ], ]. Kennedy was the elder son of Mary Augusta (Hickey) Kennedy and businessman and politician ]. He had a younger brother, Francis, and two younger sisters, Mary and Margaret. All four of Joe's grandparents had immigrated to ] in the 1840s to escape the ]. He was born into a highly ], where Irish Catholics were excluded by the upper-class ]. The Boston Irish thus became active in the ], which included P.J., an accomplished businessman, and numerous relatives. P.J. Kennedy's successful saloon business, investment ventures, and influential role in local politics enabled him to provide a comfortable lifestyle for his family. His mother encouraged Joe to attend the ], where he was a below-average scholar but was popular among his classmates, winning election as ] and playing on the school ] team.{{citation needed|date=October 2019}}

Kennedy followed in the footsteps of elder cousins by attending ]. He focused on becoming a social leader, working energetically to gain admittance to the prestigious ]. While at Harvard he joined the ] International ] and played on the baseball team, but he was blackballed from the ].{{citation needed|date=October 2019}} Kennedy graduated in 1912<ref>{{Cite book|url=https://books.google.com/books?id=ujm2BQAAQBAJ&q=joseph+p.+kennedy+sr.+graduate+harvard+1912&pg=PA118|title=Irish Americans: The History and Culture of a People: The History and Culture of a People|first1=William E.|last1=Watson|first2=Eugene J. Halus|last2=Jr|date=November 25, 2014|publisher=ABC-CLIO|isbn=9781610694674|via=Google Books}}</ref> with a bachelor's degree in economics.<ref>{{Cite web|url=https://www.eonline.com/news/1046837/how-the-kennedy-dynasty-has-endured-in-the-wake-of-so-much-scandal-and-tragedy|title=All the Tragedy That Has Led to Belief in a Kennedy Curse|date=August 2, 2019|website=E! Online}}</ref>

On October 7, 1914, Kennedy married ],<ref name="time.com">{{cite web|url=http://time.com/3462557/kennedy-wedding/|title=The Wedding That Changed American History|website=Time}}</ref> the eldest daughter of Boston Mayor ] and Mary Josephine "Josie" Hannon.<ref>{{cite web |url=https://www.boston.com/news/history/2017/05/17/meet-honey-fitz-the-pixielike-mayor-of-boston-and-jfks-grandfather |title=Meet Honey Fitz: The 'pixie like' mayor of Boston (and JFK's grandfather) |date=May 17, 2017 }}</ref>


==Business career== ==Business career==
Kennedy pursued a career in business and investing. In his mid- to late 20s, he made a large fortune as a stock market and commodity investor; he reinvested in real estate and a wide range of business industries. He did not build a significant business from scratch, but his timing as both buyer and seller was usually excellent.<ref>David Nasaw, ''The Patriarch: The Remarkable Life and Turbulent Times of Joseph P. Kennedy'' (2012) pp. 168-69.</ref> Kennedy set his future sights on embarking on 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. Although Kennedy never built a significant business from scratch, his timing as both buyer and seller was excellent.<ref>David Nasaw, ''The Patriarch: The Remarkable Life and Turbulent Times of Joseph P. Kennedy'' (2012) pp. 168-69.</ref>


Various criminals, such as ], have boasted they worked with Kennedy in mysterious ] operations during ].<ref name=Okrent>{{cite news |last=Okrent |first=Daniel |title=The Biggest Kennedy Myth |newspaper=The Daily Beast |date=April 26, 2010 |url=http://www.thedailybeast.com/articles/2010/04/26/the-kennedy-bootlegging-myth.html |publisher=The Newsweek/Daily Beast Company LLC |access-date=April 7, 2013}}</ref> Scholars dismiss the claims. The most recent and most thorough biographer ] asserts that no credible evidence has been found to link Kennedy to bootlegging activities.<ref>Nasaw, pp. 79–81.</ref> When '']'' magazine published its first list of the ] in 1957, it placed Kennedy in the $200–400&nbsp;million group.{{Inflation-fn|US}}<ref>{{cite journal |last=Smith |first=Richard Austin |title=The Fifty-Million-Dollar Man |journal=Fortune |at=sidebar: "America's Biggest Fortunes" |date=November 1, 1957}}</ref> Various criminals, such as ], have boasted they worked with Kennedy in mysterious ] operations during ].<ref name=Okrent>{{cite news |last=Okrent |first=Daniel |title=The Biggest Kennedy Myth |newspaper=The Daily Beast |date=April 26, 2010 |url=http://www.thedailybeast.com/articles/2010/04/26/the-kennedy-bootlegging-myth.html |publisher=The Newsweek/Daily Beast Company LLC |access-date=April 7, 2013}}</ref> Although his father was in the whisky importation business, scholars dismiss the claims. The most recent and most thorough biographer ] asserts that no credible evidence has been found to link Kennedy to bootlegging activities.<ref>Nasaw, pp. 79–81.</ref> When '']'' magazine published its first list of the ] in 1957, it placed Kennedy in the $200–400&nbsp;million group, which is equivalent to roughly 3.2 billion dollars in 2023.<ref>{{cite web | url=https://www.amortization.org/inflation/amount.php?year=1957&amount=300000000#:~:text=%24300%2C000%2C000%20in%201957%20%3D%20%243%2C226%2C054%2C347.82%20in%202023 | title=What is $300,000,000 in 1957 worth in 2023? }}</ref>{{Inflation-fn|US}}<ref>{{cite journal |last=Smith |first=Richard Austin |title=The Fifty-Million-Dollar Man |journal=Fortune |at=sidebar: "America's Biggest Fortunes" |date=November 1, 1957}}</ref>


===Early ventures=== ===Early ventures===
] ]
Kennedy's first job after graduating from Harvard was a position as a state-employed bank examiner; this 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 $45,000 (${{formatnum:{{Inflation|US|45000|1913|r=0}}}} today){{Inflation-fn|US}} 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.<ref>Kessler, p. 25.</ref>


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 ${{Inflation|index=US|value=.045|start_year=1913|r=1}} million in {{Inflation year|index=US}}) 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.<ref>Kessler, p. 25.</ref> 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.<ref>{{cite web |url=https://www.jfklibrary.org/learn/about-jfk/the-kennedy-family/joseph-p-kennedy |title=Joseph P. Kennedy - JFK Library |website=www.jfklibrary.org}}</ref>
Kennedy emerged as a highly successful entrepreneur who had an eye for value. For example, he was a real estate investor who turned a handsome profit from ownership of Old Colony Realty Associates, Inc., which bought distressed real estate.<ref>Kessler, p. 27.</ref>


Kennedy emerged as an astute businessman who possessed an eye for ], both with regard to his shrewd entrepreneurial acumen and savvy investment foresight. For example, as an active ], 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.<ref>Kessler, p. 27.</ref>
Although he was skeptical of American involvement in the war, Kennedy sought to participate in wartime production as an assistant general manager of ], a major ] shipyard in ]. There, he oversaw the production of transports and warships. Through this job, he became acquainted with Assistant Secretary of the Navy ].{{citation needed|date=October 2019}}

Although he was skeptical of American involvement in ],<ref>{{cite book |last1=Dallek |first1=Robert |title=An Unfinished Life: John F. Kennedy, 1917 - 1963 |date=2003 |page=21}}</ref> Kennedy sought to participate in wartime production as an assistant general manager of ], a major ] shipyard in ]. There, he oversaw the production of transports and warships.<ref>{{cite web |title=A Rise to Prominence: John F. Kennedy's Paternal Lineage |url=https://www.nps.gov/articles/000/a-rise-to-prominence-john-f-kennedy-s-patriarchal-lineage.htm |website=National Park Service}}</ref> Through this job, he became acquainted with Assistant Secretary of the Navy ].<ref>{{cite web |url=https://www.jfklibrary.org/learn/about-jfk/the-kennedy-family/joseph-p-kennedy |title=Joseph P. Kennedy - JFK Library |website=www.jfklibrary.org}}</ref>


===Wall Street and stock market investments=== ===Wall Street and stock market investments===
In 1919, Kennedy joined the prominent ] of ] where he became an expert dealing in the unregulated ] of the day, engaging in tactics that were later considered to be ] and ]. He happened to be on the corner of Wall and Broad Streets at the moment of the ] on September 16, 1920, and was thrown to the ground by the force of the blast.<ref>Beverly Gage, ''The Day Wall Street Exploded'', Oxford University Press, 2009, p. 156.</ref> In 1923, he left Hayden and set up his own investment company. Kennedy subsequently became a multi-millionaire during the ] of the 1920s and even wealthier as a result of taking "]" positions in 1929.{{citation needed|date=October 2019}} In 1919, Kennedy joined ], a prominent ] with offices in Boston and New York, where he became an expert dealing in the unregulated ] of the day, engaging in tactics that were later considered to be ] and ] violations.<ref>{{cite book |last1=Logevall |first1=Fredrik |title=JFK: Coming of Age in the American Century, 1917-1956 |date=2021 |publisher=Random House |page=45}}</ref> He happened to be on the corner of Wall and Broad Streets at the moment of the ] on September 16, 1920, and was thrown to the ground by the force of the blast.<ref>Beverly Gage, ''The Day Wall Street Exploded'', Oxford University Press, 2009, p. 156.</ref> In 1923, he established his own investment company.<ref name="auto4">{{Cite web|url=https://medium.com/citizen-truth/joseph-kennedy-how-he-built-the-kennedy-family-fortune-through-insider-trading-85fb362af368|title=Joseph Kennedy & How He Built The Kennedy Family Fortune Through Insider Trading|first=Lauren Von|last=Bernuth|date=March 22, 2018|access-date=October 11, 2021|archive-date=October 27, 2021|archive-url=https://web.archive.org/web/20211027182623/https://medium.com/citizen-truth/joseph-kennedy-how-he-built-the-kennedy-family-fortune-through-insider-trading-85fb362af368|url-status=dead}}</ref> Kennedy subsequently became a multi-millionaire as a result of taking "]" positions following the 1929 stock market crash.<ref name="auto4"/>


Kennedy was enlisted in 1924 to help stabilize the stock of ]'s ], a taxi cab operator, against a ]; afterward, Hertz suspected Kennedy of carrying out such a raid against the stock himself.<ref>{{cite book |last1=Chernow |first1=Ron |title=The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance |publisher=Grove Atlantic |page=307}}</ref> In 1933, he helped establish a "stock pool" that bought large quantities of stock in ] (LOF), an auto-glass manufacturer, and ] huge volumes of stock among themselves while promoting the outright fraud that their company was related to ], a glassmaker that made bottles which presumably would have profited from the imminent repeal of Prohibition.<ref>Nasaw, p. 192.</ref><ref>{{cite book |last1=Ronald |first1=Susan |title=The Ambassador: Joseph P. Kennedy at the Court of St. James's 1938-1940 |date=2021 |publisher=St. Martin's Publishing Group |page=13}}</ref>
] (no relation to this Kennedy) described the Wall Street of the Kennedy era as follows:{{citation needed|date=October 2019}}


====1929 Wall Street Crash====
{{quote| was a strikingly information-starved environment. Many firms whose securities were publicly traded published no regular reports or issued reports whose data were so arbitrarily selected and capriciously audited as to be worse than useless. It was this circumstance that had conferred such awesome power on a handful of investment bankers like J. P. Morgan, because they commanded a virtual monopoly of the information necessary for making sound financial decisions. Especially in the ]s, where reliable information was all but impossible for the average investor to come by, opportunities abounded for insider manipulation and wildcat speculation.}}
Kennedy later claimed he understood that the rampant stock speculation ]. It is said that he knew it was time to get out of the market when he received stock tips from a shoe-shine boy, but no evidence has been found of the anecdote and the first known version of the same tale was associated to ] in 1957.<ref>{{cite book |last1=Shiller |first1=Robert J. |title=Narrative Economics: How Stories Go Viral and Drive Major Economic Events |date=2020 |publisher=Princeton University Press |isbn=9780691212074 |page=237 |url=https://books.google.com/books?id=DdPgDwAAQBAJ&pg=PA237 |access-date=6 September 2024}}</ref> Kennedy survived the crash "because he possessed a passion for facts, a complete lack of sentiment and a marvelous sense of timing".<ref>, ''Time'', September 22, 1967.</ref>


During the ], 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&nbsp;million (equivalent to ${{Inflation|index=US|value=4|start_year=1929|r=1}} million in {{Inflation year|index=US}}).{{Inflation-fn|US}} By 1935, his wealth had increased to $180&nbsp;million (equivalent to ${{Formatprice|{{Inflation|US|180000000|1935|r=2}}}} in {{Inflation year|index=US}}).{{Inflation-fn|US}} He also acquired enough capital to establish million-dollar ] for each of his nine children that guaranteed lifelong financial independence.<ref>Nasaw, p. 92, 131</ref>
===1929 Wall Street Crash===
Kennedy formed alliances with several other Irish-Catholic investors, including ], ], and Bernard Smith. He helped establish a "stock pool" to control trading in the stock of glassmaker ]. The arrangement drove up the value of the pool operators' holdings in the stock by using insider information and the public's lack of knowledge. Pool operators would bribe journalists to present information in the most advantageous manner. Pool operators tried to corner a stock and drive the price up, or drive the price down with a "]". Kennedy got into a bidding war for control of ].<ref>Goodwin, Doris Kearns. ''The Fitzgeralds and the Kennedys'' (1987) pp. 330–333.</ref>


===Investments===
Kennedy later claimed he understood that the rampant stock speculation ]. 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.<ref>"Ecommerce: Who wants to be a millionaire", ''Computer Business Review'', February 2000.<!--{{cite web|url=http://www.cbronline.com/article_cbr.asp?guid=45E2E90F-060B-4661-BFC7-9931211A4FCF |title=Archived copy |accessdate=February 21, 2008 |url-status=bot: unknown |archiveurl=https://web.archive.org/web/20081206185315/http://www.cbronline.com/article_cbr.asp?guid=45E2E90F-060B-4661-BFC7-9931211A4FCF |archivedate=December 6, 2008 }}--></ref> Kennedy survived the crash "because he possessed a passion for facts, a complete lack of sentiment and a marvelous sense of timing".<ref>, ''Time'', September 22, 1967.</ref>
====Hollywood====

]'s forthcoming attractions, May 1928]]
During the ], Kennedy vastly increased his fortune by investing most of his money in real estate. In 1929, Kennedy's fortune was estimated to be $4&nbsp;million (equivalent to ${{Formatprice|{{Inflation|US|4000000|1929|r=2}}}} today).{{Inflation-fn|US}} By 1935, his wealth had increased to $180&nbsp;million (equivalent to ${{Formatprice|{{Inflation|US|180000000|1935|r=2}}}} today).{{Inflation-fn|US}}

===Investments in entertainment, shipping, and real estate===
]'' starring ] 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.<ref>Kessler, pp. 60–61.</ref>]] ]'' starring ] 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.<ref>Kessler, pp. 60–61.</ref>]]


Kennedy made huge profits from reorganizing and refinancing several Hollywood film studios. Film production in the U.S. was much more decentralized than it is today, with many different movie studios producing film product.{{citation needed|date=August 2014}} One small studio was ] (or FBO), which 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&nbsp;million.{{citation needed|date=October 2019}} Kennedy generated windfall profits from reorganizing and refinancing several Hollywood ]. He began with film distribution in New England, buying first ]s in ],<ref>{{cite book |last1=Dallek |first1=Robert |title=An Unfinished Life: John F. Kennedy, 1917 - 1963 |date=2003 |page=22}}</ref> but quickly moved on to industry-wide arrangements and production.<ref>Nasaw, p. 66</ref><ref>{{cite journal |last1=Black |first1=Conrad |title=The Peculiar Life of Joseph Kennedy |journal=The National Interest |date=2012 |issue=122 |pages=69–80 |jstor=42896563 |url=https://www.jstor.org/stable/42896563}}</ref> 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."<ref name="Beauchamp, Cari 2009 p 23">Beauchamp, Cari (2009) ''Joseph Kennedy Presents: His Hollywood Years'' p. 23, Knopf, New York. {{ISBN|978-1-4000-4000-1}}.</ref> One small studio, ] (or FBO), specialized in ] 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&nbsp;million.<ref>{{cite web |url=https://www.jfklibrary.org/learn/about-jfk/the-kennedy-family/joseph-p-kennedy |title=Joseph P. Kennedy - JFK Library |website=www.jfklibrary.org}}</ref>

In March 1926, Kennedy moved to Hollywood to focus on running film studios. 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, in a ], he acquired the ] (KAO), which had more than 700 ] theaters across the United States that had begun showing movies. He later purchased another production studio called Pathe Exchange, and merged those two entities with ]'s ] in March 1927.{{citation needed|date=October 2019}}


In March 1926, Kennedy moved to Hollywood to focus on running film studios.<ref>{{cite book |last1=Goodwin |first1=Doris Kearns |title=The Fitzgeralds and the Kennedys |date=1987 |publisher=St. Martin's Press |pages=345–46}}</ref> 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 ] (KAO), which had more than 700 ] theaters across the United States that had begun showing movies.<ref>Kessler, p. 53</ref> In October 1928, he formally merged his film companies FBO and KAO to form ] (RKO)<ref name="Richard J. Whalen 1964">Richard J. Whalen, ''The Founding Father'', 1964.</ref> 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 ] (RCA).<ref>{{cite book |last1=Haupert |first1=Michael J. |title=Entertainment Industry: A Reference Handbook |date=2012 |publisher=Bloomsbury Academic |page=7}}</ref> As the developer of ], a sound system for the new "]", 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.<ref>{{cite web |url=https://www.jfklibrary.org/learn/about-jfk/the-kennedy-family/joseph-p-kennedy |title=Joseph P. Kennedy - JFK Library |website=www.jfklibrary.org}}</ref>
In August 1928, he unsuccessfully tried to run First National Pictures.<ref>Ilias Chrissochoidis (ed.), (Stanford, 2013), 82.</ref> In October 1928, he formally merged his film companies FBO and KAO to form ] (RKO) and made a large amount of money in the process. Then, keen to buy the ] chain, which had 63 profitable theaters, Kennedy made an offer of $8&nbsp;million (${{Formatprice|{{Inflation|US|8000000|1928|r=2}}}} today).{{Inflation-fn|US}} It was declined. He then stopped distributing his movies to Pantages. Still, ] declined to sell. However, when Pantages was later charged and tried for rape, his reputation took a battering, and he accepted Kennedy's revised offer of $3.5&nbsp;million (${{Formatprice|{{Inflation|US|3500000|1928|r=2}}}} today).{{Inflation-fn|US}} 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.<ref>{{cite book|title=Hollywood Babylon II|last=Anger|first=Kenneth|publisher=E. P. Dutton, Inc.|year=1984|location=New York|pages=35}}</ref>


Keen to buy the ] chain, which had 63 profitable theaters, Kennedy made an offer of $8&nbsp;million (equivalent to ${{Inflation|index=US|value=8|start_year=1928|r=1|fmt=|cursign=$}} million in {{Inflation year|index=US}}). It was declined. He then stopped distributing his movies to Pantages. Still, ] declined to sell.<ref>Kessler, p. 57.</ref> 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&nbsp;million (equivalent to ${{Inflation|index=US|value=3.5|start_year=1929|r=1}} million in {{Inflation year|index=US}}). 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, ], confessed on her deathbed that Kennedy was the mastermind of the plot to frame Pantages.<ref>{{cite book|title=Hollywood Babylon II|last=Anger|first=Kenneth|publisher=E. P. Dutton, Inc.|year=1984|location=New York|pages=35}}</ref><ref>{{cite book|last=Beauchamp|first=Cari|title=Joseph P. Kennedy Presents: His Hollywood Years|year=2010|publisher=Vintage Books|isbn=978-0-307-47522-0|pages=297–298|url=https://books.google.com/books?id=af34NLTZZWcC&q=eunice+pringle+pantages&pg=PA297}}</ref>
], son of President ], helped Kennedy start his liquor business after Prohibition.<ref>Kessler, pp. 106–107.</ref>]]


Many estimate that Kennedy made over $5&nbsp;million (${{Formatprice|{{Inflation|US|5000000|1928|r=2}}}} today){{Inflation-fn|US}} from his investments in Hollywood. During his three-year affair with film star ],<ref name="Beauchamp, Cari 2009 p 263-5">Beauchamp, Cari (2009) ''Joseph Kennedy Presents: His Hollywood Years'' pp. 263–5, Knopf, New York. {{ISBN|978-1-4000-4000-1}}.</ref> he arranged the financing for her films '']'' (1927) and the ill-fated '']'' (1928). The duo also used Hollywood's famous "body sculptor", masseuse ].<ref name="Beauchamp, Cari 2009 p 263-5"/> Their relationship ended when Swanson discovered that an expensive gift from Kennedy had been charged to her account.<ref>Kessler, p. 86.</ref> Many estimate that Kennedy made over $5&nbsp;million (equivalent to ${{Inflation|index=US|value=5|start_year=1929|r=1}} million in {{Inflation year|index=US}}) from his investments in Hollywood. During his three-year affair with film star ],<ref name="Beauchamp, Cari 2009 p 263-5">Beauchamp, Cari (2009) ''Joseph Kennedy Presents: His Hollywood Years'' pp. 263–5, Knopf, New York. {{ISBN|978-1-4000-4000-1}}.</ref> he arranged the financing for her films '']'' (1927) and the ill-fated '']'' (1928). The duo also used Hollywood's famous "body sculptor", masseuse ].<ref name="Beauchamp, Cari 2009 p 263-5"/> Their relationship ended when Swanson discovered that an expensive gift from Kennedy had actually been charged to her account.<ref>Kessler, p. 86.</ref>


====Liquor importing====
A recurring rumor alleges that he made money in ] illegal liquor during ]. Historians have not found credible evidence of this{{Citation needed|date=August 2020}}. On the contrary, there is abundant evidence that as the end of prohibition loomed (in 1933), Kennedy invested heavily in Scottish distilleries.{{Citation needed|date=August 2020}} As soon as it became legal he imported large shipments of high-priced Scotch and made a large profit. Various contradictory "bootlegging" stories circulated but historians have not accepted them. At the start of the Franklin Roosevelt administration in March 1933, Kennedy and future Congressman ] founded Somerset Importers, an entity that acted as the exclusive American agent for ] Scotch, ] Dry Gin and ] Scotch. Kennedy kept his Somerset company for years.<ref>Nasaw, p. 611.</ref> 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.<ref>Leamer 308.</ref>
As soon as it became legal to do so, Kennedy ventured into liquor importing. One of his shipping ventures he was involved in was 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.<ref>Nasaw, pp. 79–81.</ref><ref>{{cite web |last1=Roos |first1=Dave |title=How Joseph Kennedy Made His Fortune (Hint: It Wasn't Bootlegging) |url=https://www.history.com/news/joseph-kennedy-wealth-alcohol-prohibition |website=History.com|date=April 26, 2023 }}</ref><ref>{{cite web |title=Smashing Mythology: Joseph Patrick Kennedy Sr. and Bootlegging |url=https://www.nps.gov/media/video/view.htm%3Fid%3D56C8AB41-DA67-46E5-8153-CBD870671268 |website=National Park Service}}</ref> At the start of the Franklin Roosevelt administration in March 1933, Kennedy and future Congressman ] founded Somerset Importers, a business entity that acted as the exclusive American agent for ] Scotch, ] Dry Gin and ] Scotch. Kennedy kept his Somerset company for years.<ref>Nasaw, p. 611.</ref> In addition, Kennedy purchased spirits-importation rights from ], a Canadian distillery and liquor company.<ref name="Richard J. Whalen 1964"/> 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 ] that he offered his sons $1,000 not to drink until they turned 21.<ref>Leamer 308.</ref>


====Real estate====
Kennedy invested his profits from alcohol into residential and commercial real estate in New York, the ] restaurant, and the ] in ]. In addition, Kennedy purchased spirits-importation rights from ], a firm in Canada.<ref name="Richard J. Whalen 1964"/> His most important purchase was the largest privately owned building in the country, Chicago's ],<ref>{{cite news |url= https://www.nytimes.com/1945/07/22/archives/big-mart-bought-by-joseph-kennedy-chicagos-merchandise-block-is.html |title=Big 'Mart' Bought by Joseph Kennedy |newspaper=The New York Times |date=July 22, 1945}}</ref> which gave his family a grounding in that city and an alliance with the city's Irish-American political leadership.{{citation needed|date=April 2019}}
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 ] in ].<ref>{{cite web |title=The Kennedy Wealth |url=https://www.pbs.org/wgbh/americanexperience/features/kennedy-wealth/ |website=PBS American Experience}}</ref><ref>{{cite book |title=How Joe Kennedy Made His Millons |date=January 25, 1963 |publisher=] |page=70 |url=https://books.google.com/books?id=EEgEAAAAMBAJ&q=Joe+Kennedy+real+estate&pg=PA70}}</ref> 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 ] (the world's largest building at the time), which gave his family an important base in that city and an alliance with the ] political leadership there to lay the groundwork for realizing his sons' future political ambitions.<ref>{{cite news |url= https://www.nytimes.com/1945/07/22/archives/big-mart-bought-by-joseph-kennedy-chicagos-merchandise-block-is.html |title=Big 'Mart' Bought by Joseph Kennedy |newspaper=The New York Times |date=July 22, 1945}}</ref> 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.<ref name = Langton>James Langton, "End of the house that Joe built". '']'' via the '']'', March 22, 1998: A10.</ref>


==Political career== ==Political career==
===SEC Chairman (1934–1935)=== ===SEC Chairman (1934–1935)===
]'' magazine cover, 1935]]
In 1932, Kennedy supported ] in his bid for the Presidency. This was his first major involvement in a national political campaign, and he donated, loaned, and raised a substantial amount of money for the campaign.{{citation needed|date=October 2019}}
In ], Kennedy supported ] 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.<ref>{{cite web |url=https://www.jfklibrary.org/learn/about-jfk/the-kennedy-family/joseph-p-kennedy |title=Joseph P. Kennedy - JFK Library |website=www.jfklibrary.org}}</ref>


In 1934, Congress established the independent ] to end irresponsible market manipulations and dissemination of false information about securities.<ref>{{cite book |author=Mario R. Di Nunzio |title=Franklin D. Roosevelt and the Third American Revolution |url=https://books.google.com/books?id=3rfPy7eXTEkC&pg=PA55 |year=2011 |publisher=ABC-CLIO |page=55|isbn=9780313392832 }}</ref> In 1934, Congress established the independent ] (SEC) to end irresponsible market manipulations and dissemination of false information about securities.<ref>{{cite book |last=Di Nunzio |first=Mario R. |title=Franklin D. Roosevelt and the Third American Revolution |url=https://books.google.com/books?id=3rfPy7eXTEkC&pg=PA55 |publisher=ABC-CLIO |year=2011 |page=55 |isbn=9780313392832}}</ref> 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."<ref>Nasaw, p. 208</ref>


Kennedy sought out the best lawyers available, giving him a hard-driving team with a mission for reform. They included ] and ], both of whom were later named to the Supreme Court.<ref>Nasaw, p. 216</ref> 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 ]s. 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.<ref>Nassau, ''The Patriarch'', pp. 219–228</ref> 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.<ref>{{cite web |title=Joseph P. Kennedy – JFK Library |url=https://www.jfklibrary.org/learn/about-jfk/the-kennedy-family/joseph-p-kennedy |website=www.jfklibrary.org}}</ref>
In the 21st century, the SEC remains one of the most powerful government agencies. Its predecessor had been ineffective in 1933–34 as part of another agency and the financial market was dying. Roosevelt named Kennedy to head the SEC cleanup of Wall Street. The ] attracted many of the nation's most talented young lawyers. 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."<ref>Nasaw, p 208.</ref>


===Chairman of U.S. Maritime Commission (1937–1938)===
Kennedy sought out the best lawyers available giving him a hard-driving team with a mission for reform. They included ] and ], both of whom were later named to the Supreme Court.<ref>Nasaw, pp 204-37.</ref> 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 ]s. 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.<ref>Nassau, ''The Patriarch,'' pp 226-28</ref> 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 1935.<ref>{{cite web |url=https://www.jfklibrary.org/learn/about-jfk/the-kennedy-family/joseph-p-kennedy |title=Joseph P. Kennedy - JFK Library |website=www.jfklibrary.org}}</ref>
In ], 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 ], 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 ],<ref>{{cite web|url=http://www.sechistorical.org/|title=Securities and Exchange Commission Historical Society|website=www.sechistorical.org}}</ref> which built on his wartime experience in running a major shipyard. Kennedy spent only ten months at the Commission.<ref>{{cite web |url=https://www.jfklibrary.org/learn/about-jfk/the-kennedy-family/joseph-p-kennedy |title=Joseph P. Kennedy - JFK Library |website=www.jfklibrary.org}}</ref>

===Chairman of U.S. Maritime Commission===
In 1937, Kennedy became the first Chairman of the U.S. ],<ref>{{cite web|url=http://www.sechistorical.org/|title=Securities and Exchange Commission Historical Society|first=SEC Historical|last=Society|website=www.sechistorical.org}}</ref> which built on his wartime experience in running a major shipyard.


===Relationship with Father Charles Coughlin=== ===Relationship with Father Charles Coughlin===
<!-- ] violation: ], with: Count Enrico Galeazzi, Eugenio Cardinal Pacelli, Bishop Stephen Donahue, ], and ].]] --> <!-- ] violation: ], New York, with: Count Enrico Galeazzi, Eugenio Cardinal Pacelli, Bishop Stephen Donahue, ], and ].]] -->
Father ], an ] priest near ], 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 of Coughlin's weekly anti-communist, ], far-right, anti–Federal Reserve and isolationist radio talks. Roosevelt sent Kennedy and other prominent Irish Catholics to try to tone down Coughlin.<ref>Leamer 93; Brinkley 127.</ref> Father ], an ] priest near ], 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, ], far-right, anti–Federal Reserve and isolationist radio talks. Roosevelt sent Kennedy and other prominent Irish Catholics to try to tone down Coughlin.<ref>Leamer 93; Brinkley 127.</ref>


Coughlin swung his support to ] in 1935 and then to ]'s ] in 1936. Kennedy strongly supported the New Deal (Father Coughlin believed that the New Deal did not go far enough indeed 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 ] and Cardinal Eugenio Pacelli (later ]) to shut Coughlin down.<ref>Maier pp. 103–107.</ref> When Coughlin returned to the air in 1940, Kennedy continued to battle against his influence among Irish Americans.<ref>Smith pp. 122, 171, 379, 502; Alan Brinkley, ''Voices of Protest'' (1984) p. 127; Michael Kazin, ''The Populist Persuasion'' (1995) pp. 109, 123.</ref> Coughlin swung his support to ] in 1935, and then to ]'s ] 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 ] and Cardinal Eugenio Pacelli (later ]) to shut Coughlin down.<ref>Maier pp. 103–107.</ref> When Coughlin returned to the air in 1940, Kennedy continued to battle against his influence among Irish Americans.<ref>Smith pp. 122, 171, 379, 502; Alan Brinkley, ''Voices of Protest'' (1984) p. 127; Michael Kazin, ''The Populist Persuasion'' (1995) pp. 109, 123.</ref>


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.<ref>{{cite book |url=https://archive.org/details/rightinmichigans0000viny|url-access=registration|quote=kennedy coughlin.|title=Right in Michigan's Grassroots: From the KKK to the Michigan Militia |author=JoEllen M Vinyard |publisher=University of Michigan |page= |date=June 7, 2011 |access-date=July 21, 2018}}</ref> A historian with ] also stated that Coughlin was in fact a friend of Kennedy as well.<ref name=kennedyfailure> Edward Renehan, Jr., History News Network, accessed July 21, 2018</ref> In a '']'' article of August 16, 1936, Coughlin referred to Kennedy as the "shining star among the dim 'knights' in the Administration."<ref name="Maier2009">{{cite book |author=Thomas Maier |title=The Kennedys: America's Emerald Kings: A Five-Generation History of the Ultimate Irish-Catholic Family |url=https://books.google.com/books?id=17F5wKC_rtgC&pg=PT498 |date=March 25, 2009 |publisher=Basic Books |isbn=978-0-7867-4016-1 |pages=498– }}</ref> 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.<ref>{{cite book |url=https://archive.org/details/rightinmichigans0000viny|url-access=registration|quote=kennedy coughlin.|title=Right in Michigan's Grassroots: From the KKK to the Michigan Militia |author=JoEllen M Vinyard |publisher=University of Michigan |page= |date=June 7, 2011 |access-date=July 21, 2018}}</ref> A historian with ] also stated that Coughlin was a friend of Kennedy as well.<ref name=kennedyfailure> Edward Renehan, Jr., History News Network, accessed July 21, 2018</ref> In a '']'' article of August 16, 1936, Coughlin referred to Kennedy as the "shining star among the dim 'knights' in the Administration".<ref name="Maier2009">{{cite book |last=Maier |first=Thomas |title=The Kennedys: America's Emerald Kings: A Five-Generation History of the Ultimate Irish-Catholic Family |url=https://books.google.com/books?id=17F5wKC_rtgC&pg=PT498 |date=March 25, 2009 |publisher=Basic Books |isbn=978-0-7867-4016-1 |pages=498– }}</ref>


===Ambassador to the United Kingdom (1938–1940)=== ===Ambassador to the United Kingdom (1938–1940)===
] in Manhattan, November 1, 1940. At the time, Kennedy was the US Ambassador to the UK.]] ] in London, 1939]]
In 1938, Roosevelt appointed Kennedy as the ] (]). Kennedy hoped to succeed Roosevelt in the White House in 1940.<ref>{{cite web |last=Whitehead |first=Philip |url=http://www.independent.co.uk/arts-entertainment/the-bootleg-politician-he-could-have-anything-he-wanted-except-the-thing-he-wanted-most-so-joe-1556722.html |title=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? |date=October 11, 1992 |website=The Independent |access-date=July 12, 2019}}</ref> In 1938, Roosevelt appointed Kennedy as the ] (United Kingdom). Kennedy hoped to succeed Roosevelt in the White House,<ref>{{cite web |last=Whitehead |first=Philip |url=http://www.independent.co.uk/arts-entertainment/the-bootleg-politician-he-could-have-anything-he-wanted-except-the-thing-he-wanted-most-so-joe-1556722.html |archive-url=https://ghostarchive.org/archive/20220617/http://www.independent.co.uk/arts-entertainment/the-bootleg-politician-he-could-have-anything-he-wanted-except-the-thing-he-wanted-most-so-joe-1556722.html |archive-date=June 17, 2022 |url-access=subscription |url-status=live |title=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? |date=October 11, 1992 |website=The Independent |access-date=July 12, 2019}}</ref> telling a British reporter in late 1939 that he was confident that Roosevelt would "fall" in ] (that year's presidential election).<ref name=kennedyfailure/>


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.<ref>{{cite book|url=https://books.google.com/books?id=CQLoDwAAQBAJ&q=%22joseph+kennedy%22+moved+country+blitz&pg=PA158|title=The Secret US Plan to Overthrow the British Empire: War Plan Red|first=Graham M.|last=Simons|date=April 30, 2020|publisher=Frontline Books|isbn=9781526712059|via=Google Books}}</ref> This move prompted ] to say, "I thought my daffodils were yellow until I met Joe Kennedy".<ref>{{cite book|url=https://books.google.com/books?id=Pm2BAwAAQBAJ&q=%22I+thought+my+daffodils+were+yellow+until+I+met+Joe+Kennedy.%22&pg=PT257|title=When Lions Roar: The Churchills and the Kennedys|first=Thomas|last=Maier|date=October 28, 2014|publisher=Crown|isbn=9780307956811|via=Google Books}}</ref>
Kennedy hugely enjoyed his leadership position in London high society, which stood in stark contrast to his relative outsider status in Boston. On May 6, 1944, his daughter ] married ], Marquess of Hartington, the elder son of the ]. 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 ], was killed in action in 1944.


Kennedy developed a reputation as a ].<ref>{{cite book|url=https://books.google.com/books?id=hJelDwAAQBAJ&q=%22joseph+kennedy%22+british+reputation+defeatist&pg=PA31|title=Mighty Endeavor: The American Nation and World War II|first=Blaine T.|last=Browne|date=October 10, 2019|publisher=Rowman & Littlefield|isbn=9781538114919|via=Google Books}}</ref>
==Controversy==
===Appeasement===
Kennedy rejected the belief of ] that any compromise with ] was impossible. Instead, he supported Prime Minister ]'s policy of ]. Throughout 1938, while the Nazi persecution of the Jews in Germany intensified, Kennedy attempted to arrange a meeting with ].<ref>Hersh 64.</ref> Shortly before the ] 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".<ref name="Hersh 63">Hersh 63.</ref>


===Anti-British sentiment=== ====High society====
According to the U.S. National Archives:<blockquote>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 ], guests of King ] and his wife, Queen ].<ref>See </ref></blockquote>
Kennedy also argued strongly against providing military and economic aid to the United Kingdom. "Democracy is finished in England. It may be here", he stated in the '']'' of November 10, 1940. With German troops having overrun ], ], ], ], the ], ], and ], 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, ] of '']'', and Ralph Coghlan of the '']'', Kennedy said:


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?"<ref>Kessler, p. 157</ref>
{{quote|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&nbsp;... As long as she is in there, we have time to prepare. It isn't that 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.<ref name="ReferenceA"/>}}


On May 6, 1944, Kennedy's daughter, ], married ], Marquess of Hartington, the elder son of the ]. 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 ], was killed in action in 1944.<ref>Nasaw, pp. 564-572.</ref>
===Isolationist===
His views were becoming inconsistent and increasingly ]. British MP ], who had himself opposed the British government's earlier appeasement policy, said of Kennedy:


====Appeasement====
{{quote|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.<ref>{{cite book |last=Davis |first=John H. |title=The Kennedys: Dynasty and Disaster |year=1993 |publisher=S.P.I. Books |isbn=978-1-56171-060-7 |page=94 |url=https://books.google.com/books?id=ngbia3tOBQIC&pg=PA94}}</ref>}}
Kennedy rejected the belief of ] that any compromise with ] was impossible. Instead, he supported Prime Minister ]'s policy of ]. Throughout 1938, while the Nazi persecution of the Jews in Germany intensified, Kennedy attempted to arrange a meeting with ].<ref>Hersh 64.</ref> Shortly before the ] began in September 1940, Kennedy once again sought a personal meeting with Hitler without the approval of the U.{{nbsp}}S. Department of State, in order to "bring about a better understanding between the United States and Germany".<ref name="Hersh 63">Hersh 63.</ref>


====Anti-British sentiment====
===Defeatist===
When war came in September 1939, Kennedy's public support for American neutrality conflicted with Roosevelt's increasing efforts to provide aid to Britain.<ref>{{cite web |title=The Roosevelts and the Kennedys |url=https://fdr.blogs.archives.gov/2013/11/22/the-roosevelts-and-the-kennedys/ |website=Franklin D. Roosevelt Presidential Library and Museum |date=November 22, 2013}}</ref> "Democracy is finished in England. It may be here ",<ref name="ReferenceA">''Boston Sunday Globe'', November 10, 1940.</ref> he stated in the '']'' of November 10, 1940. With German troops having overrun ], ], ], ], the ], ], and ], 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, ] of '']'', and Ralph Coghlan of the '']'', Kennedy said:
Kennedy told a British reporter in late 1939 that he was confident that Roosevelt would "fall" in ].<ref name=kennedyfailure />


{{quote|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&nbsp;... As long as she is in there, we have time to prepare. It isn't that 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.<ref name="ReferenceA"/>}}
In British government circles during ], Kennedy was widely disparaged as a ]. On September 19, 1939, he sent three of his nine children back to the United States. They were, Robert aged 13, Jeanne aged 10, and Edward aged 7. Kennedy retreated to the countryside during the bombings of London by German aircraft, at a time when the British Royal Family, Prime Minister, government ministers, and other ambassadors chose to stay in London.


====Isolationism====
This prompted ] to say:<ref>{{Cite book|url=https://books.google.com/books?id=Pm2BAwAAQBAJ&q=%22I+thought+my+daffodils+were+yellow+until+I+met+Joe+Kennedy.%22&pg=PT257|title=When Lions Roar: The Churchills and the Kennedys|first=Thomas|last=Maier|date=October 28, 2014|publisher=Crown|isbn=9780307956811|via=Google Books}}</ref>
Kennedy's views became inconsistent and increasingly ]. British ] ], who had himself opposed the British government's earlier appeasement policy, said of Kennedy:


{{quote|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.<ref>{{cite book |last=Davis |first=John H. |title=The Kennedys: Dynasty and Disaster |year=1993 |publisher=S.P.I. Books |isbn=978-1-56171-060-7 |page=94 |url=https://books.google.com/books?id=ngbia3tOBQIC&pg=PA94}}</ref>}}
<blockquote>I thought my daffodils were yellow until I met Joe Kennedy.</blockquote>

===Recalled===
When the White House read his quotes it became clear that Kennedy was completely out of step with Roosevelt's policies. Kennedy was ] 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.<ref>Nasaw, pp. 492–96, quote p. 496.</ref>

===Reduced influence===
Throughout the rest of the war, relations between Kennedy and the Roosevelt Administration remained tense, especially when ] 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 ] 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.<ref>Leamer pp. 152–53; William E. Leuchtenburg, ''In the Shadow of FDR: From Harry Truman to George W. Bush'' (2001) pp. 68–72.</ref>

His ] and close friendship with ], Archbishop of New York (later Cardinal), made Kennedy invested as a knight of the ], an honor that he shared with just a few dozen Americans.{{citation needed|date=October 2019}}


====Antisemitism====
According to Harvey Klemmer, who served as one of Kennedy's embassy aides, Kennedy habitually referred to Jews as "]s or sheenies". Kennedy allegedly told Klemmer that " individual Jews are all right, Harvey, but as a race they stink. They spoil everything they touch."<ref name="Hersh 63"/> 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."<ref>Leamer 115.</ref> According to Harvey Klemmer, who served as one of Kennedy's embassy aides, Kennedy habitually referred to Jews as "]s or sheenies". Kennedy allegedly told Klemmer that " individual Jews are all right, Harvey, but as a race they stink. They spoil everything they touch."<ref name="Hersh 63"/> 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."<ref>Leamer 115.</ref>


Line 167: Line 155:
{{quote|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".<ref>Renehan, "Joseph Kennedy and the Jews".</ref>}} {{quote|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".<ref>Renehan, "Joseph Kennedy and the Jews".</ref>}}


By August 1940, Kennedy worried that a third term for President Roosevelt would mean war. Laurence Leamer in ''The Kennedy Men: 1901–1963'' reports: "Joe believed that Roosevelt, Churchill, the Jews, and their allies would manipulate America into approaching ]."<ref>Leamer 134.</ref> 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.<ref>Fleming, Thomas. ''The New Dealers' War: F.D.R. And The War Within World War II'', Basic Books, 2001.</ref> However, even during the darkest months of World War II, Kennedy remained "more wary of" prominent American Jews, such as Associate Justice ], than he was of Hitler.<ref>Renehan 311.</ref> 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 ]."<ref>Leamer 134.</ref> Nevertheless, Kennedy supported Roosevelt's third term in return for Roosevelt's promise to support ] in a run for ] in 1942.<ref>Fleming, Thomas. ''The New Dealers' War: F.D.R. And The War Within World War II'', Basic Books, 2001.</ref> However, even during the darkest months of World War II, Kennedy remained "more wary of" prominent American Jews, such as Associate Justice ], than he was of Hitler.<ref>Renehan 311.</ref>


Kennedy told the reporter Joe Dinneen: Kennedy told the reporter Joe Dinneen:


{{quote|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.}} {{quote|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.<ref>Kessler, p. 277</ref>}}

====Resignation====
From late 1939 onwards, Kennedy began to suspect that Roosevelt and the ] were excluding him from decision-making and communiqués pertinent to his ambassadorial duties. Roosevelt had started to communicate in secret with Winston Churchill (at this time First Lord of the Admiralty, later Prime Minister).<ref>{{cite book |last1=Logevall |first1=Fredrik |title=JFK: Coming of Age in the American Century, 1917-1956 |date=2021 |publisher=Random House Publishing Group |page=237}}</ref> In early 1940, Roosevelt also sent personal representatives (under Secretary of State ], and General William Donovan) on fact-finding missions to London and other European capitals, without advising Kennedy beforehand, thereby causing the ambassador great embarrassment and annoyance.<ref>Amanda Smith, ed., ''Hostage to Fortune: The Letters of Joseph P. Kennedy'', pp. 408–463.</ref> As a result, Kennedy was, for much of 1940, determined to resign his post, although Roosevelt insisted he remain in London. In late October 1940, Roosevelt invited Kennedy to return to Washington for a pre-election consultation, Kennedy used this visit to announce his resignation. Kennedy agreed to make a nationwide radio speech to advocate Roosevelt's reelection. Roosevelt was pleased with the speech because, Nasaw says, it "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." Kennedy finally submitted his resignation at the White House on December 1, 1940, but agreed to remain Ambassador until a successor was chosen in early 1941.<ref>Nasaw, pp. 492–96, quote p. 496.</ref>

For the rest of the war, relations between Kennedy and the Roosevelt administration remained tense, especially when Joe Jr., a Massachusetts ] at the ], vocally opposed 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. spent 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 ]. 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.<ref>Leamer pp. 152–53; William E. Leuchtenburg, ''In the Shadow of FDR: From Harry Truman to George W. Bush'' (2001) pp. 68–73.</ref>


===Alliances=== ===Alliances===
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.<ref>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.</ref> Kennedy also used ] of ''The New York Times'', America's most influential political columnist, for decades as a paid speechwriter and political advisor.<ref>Leamer p. 349.</ref>


A political conservative (John F. Kennedy once described his father as being to "the right of ]"),<ref name="Leuchtenburg2001">{{cite book |author=William Edward Leuchtenburg |title=In the Shadow of FDR: From Harry Truman to George W. Bush |url=https://archive.org/details/inshadowoffdrfro00leuc_0 |url-access=registration |year=2001 |publisher=] |isbn=0-8014-8737-4 |pages=– }}</ref> Kennedy supported ], who had entered Congress with John in 1947. In 1960, Joe Kennedy approached Nixon, praised his ], and said "Dick, if my boy can't make it, I'm for you" for the presidential election that year.<ref name="kakutani19960524">{{cite news |url=https://www.nytimes.com/1996/05/24/books/books-of-the-times-kennedy-and-nixon-an-uneasy-relationship.html?pagewanted=all&src=pm |title=Kennedy and Nixon: An Uneasy Relationship |work=The New York Times |date=May 24, 1996 |access-date=August 1, 2013 |author=]}}</ref>
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 the ] community in large cities, particularly Boston, New York, Chicago, ] and several ] cities.<ref>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.</ref> Kennedy also used ] of '']'', America's most influential political columnist, for decades as a paid speechwriter and political advisor.<ref>Leamer p. 349.</ref>

A political conservative (] once described his father as being to "the right of ]"),<ref name="Leuchtenburg2001">{{cite book |author=William Edward Leuchtenburg |title=In the Shadow of FDR: From Harry Truman to George W. Bush |url=https://archive.org/details/inshadowoffdrfro00leuc_0 |url-access=registration |year=2001 |publisher=] |isbn=0-8014-8737-4 |pages=– }}</ref> Kennedy supported ], who had entered Congress with John in 1947. In 1960, Joseph Kennedy approached Nixon, praised his ], and said "Dick, if my boy can't make it, I'm for you" for the presidential election that year.<ref name="kakutani19960524">{{cite news |url=https://www.nytimes.com/1996/05/24/books/books-of-the-times-kennedy-and-nixon-an-uneasy-relationship.html?pagewanted=all&src=pm |title=Kennedy and Nixon: An Uneasy Relationship |work=The New York Times |date=May 24, 1996 |access-date=August 1, 2013 |author=]}}</ref>


====Alliance with Senator Joseph McCarthy==== ====Alliance with Senator Joseph McCarthy====
Kennedy's close ties with ] (GOP) Senator ] 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 at ] as a weekend house guest in the late 1940s. McCarthy at one point dated ].<ref name="Michael O 2005">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.</ref> Kennedy's close ties with ] Senator ] of Wisconsin 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 home in ], as a weekend house guest in the late 1940s. McCarthy at one point dated his daughter ].<ref name="Michael O 2005">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.</ref>


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 Senate race of 1952, Kennedy apparently worked a deal so that McCarthy, a Republican, would not make campaign speeches for the GOP ticket in Massachusetts. In return, Congressman ], running for the Senate seat, would not give any anti-McCarthy speeches that his liberal supporters wanted to hear.<ref name="Michael O 2005"/> 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 ], 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.<ref name="Michael O 2005"/>


At Kennedy's urging in 1953, McCarthy hired ] (aged 27) as a senior staff member of the ], 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.<ref name="Michael O 2005"/> At Kennedy's urging in 1953, McCarthy hired his 27-year-old son, Robert F. Kennedy, as a senior staff member of the ], 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 John.<ref name="Michael O 2005"/>


By 1954, Robert F. Kennedy and McCarthy's chief aide ] had fallen out with each other, and Robert no longer worked for McCarthy. John Kennedy 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.<ref name="Michael O 2005"/> By 1954, Robert and McCarthy's chief aide ] 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.<ref name="Michael O 2005"/>


===Involvement in sons' political careers=== ===Involvement in sons' political careers===
Kennedy's connections and influence were turned into political capital for the political campaigns of his sons: John, Robert, and Ted. Kennedy was influential in creating ], which included Robert as ], although he had never argued or tried a case.<ref>Kessler, p. 389.</ref> He was one of four fathers (the other three being ], ], and ]) to live through the entire presidency of a son.<ref>{{cite web |url=http://www.presidentsparents.com/parents-at-the-inaugurations.html |title=Parents at the Inaugurations – Presidents' Parents |publisher=Presidentsparents.com |access-date=May 9, 2014 |archive-date=June 2, 2013 |archive-url=https://web.archive.org/web/20130602171329/http://www.presidentsparents.com/parents-at-the-inaugurations.html |url-status=dead }}</ref>
{{more citations needed section|date=April 2019}}
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 ] were thwarted, Kennedy held out great hope for his eldest son, Joseph P. Kennedy Jr., to seek the presidency. However, Joe Jr., who had become a ] bomber pilot, was killed over the ] in August 1944 while undertaking ], a high-risk, new way to use heavy bombers to strike German weapon sites in France. After grieving over his dead son, Joe Sr. turned his attention to his second son, John, for a run for the presidency.<ref name="auto">{{cite web |url=https://www.vanityfair.com/news/2004/12/kennedy-200412 |title=Two Sons, One Destiny |first=Cari |last=Beauchamp |website=The Hive|date=January 4, 2012 }}</ref> 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, Joe Jr., to seek the presidency. However, Joe Jr., who had become a ] bomber pilot, was killed over the ] in August 1944 while undertaking ]. After grieving over his dead son, Joe Sr. turned his attention to his second son, John, for a run for political office.<ref name="auto">{{cite web |url=https://www.vanityfair.com/news/2004/12/kennedy-200412 |title=Two Sons, One Destiny |first=Cari |last=Beauchamp |website=The Hive|date=January 4, 2012 }}</ref>

Because of his own unpopularity, Kennedy's presence in John's 1960 presidential campaign had to be downplayed. However, Kennedy still drove the campaign behind the scenes. He played a central role in planning strategy, fundraising, and coalition and alliance building. Kennedy almost oversaw the entire operation, supervising spending, helping to select advertising agencies, and phoning local and state party leaders, newsmen, and business leaders.{{citation needed|date=October 2019}}

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 ], 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 ], ], and ]) to live through the entire presidency of a son.<ref>{{cite web |url=http://www.presidentsparents.com/parents-at-the-inaugurations.html |title=Parents at the Inaugurations – Presidents' Parents |publisher=Presidentsparents.com |access-date=May 9, 2014}}</ref>

Historian Richard J. Whalen describes Kennedy's influence on John F. Kennedy'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).<ref>Kessler, p. 389.</ref>

In 1961, Kennedy suffered a ] that placed limitations on his influence on his sons' political careers.{{citation needed|date=October 2019}}


==Personal life== ==Personal life==
{{main|Kennedy family}} {{main|Kennedy family}}
Joseph and Rose Kennedy had nine children (see table below).<ref>{{cite web |url=https://www.foxnews.com/story/eunice-kennedy-shrivers-death-leaves-2-living-kennedy-siblings |title=Eunice Kennedy Shriver's Death Leaves 2 Living Kennedy Siblings |date=March 25, 2015 |website=Associated Press}}</ref> Three of the Kennedys' sons attained distinguished political positions: ] (1917–1963) served as a U.S. senator from Massachusetts (1953-1960) and as 35th president of the United States (1961-1963), ] (1925–1968) served as ] (1961-1964) and as a U.S. senator from New York (1965-1968), and ] (1932–2009) served as a U.S. senator from Massachusetts (1962-2009). His eldest son ] (1915–1944) was groomed to be President but died on active duty in ] on a dangerous experimental flying mission over the English Channel. One of the Kennedys' daughters, ], founded the ] for disabled people,<ref>{{cite news |url=https://www.nytimes.com/2009/08/12/us/12shriver.html |title=Eunice Kennedy Shriver, Influential Founder of Special Olympics, Dies at 88 |first=Carla |last=Baranauckas |newspaper=The New York Times |date=August 11, 2009 }}</ref> while another, ], served as U.S. Ambassador to Ireland.<ref>{{cite web |url=http://www.irishcentral.com/roots/history/last-surviving-kennedy-child-writes-about-growing-up-a-kennedy |title=Last living sibling of John F. Kennedy celebrates her 91st birthday |date=February 20, 2019 |website=IrishCentral.com}}</ref>


===Marriage and children===
As Kennedy's business success expanded, he and his family kept homes around ] and New York City; the ] peninsula; as well as ].<ref name="auto"/>
On October 7, 1914, Kennedy married ],<ref name="Time">{{cite magazine|url=https://time.com/3462557/kennedy-wedding/|title=The Wedding That Changed American History|magazine=Time|date=October 7, 2014 |last=Graham |first=James}}</ref> the eldest daughter of Boston Mayor ],<ref>{{cite web |url=https://www.boston.com/news/history/2017/05/17/meet-honey-fitz-the-pixielike-mayor-of-boston-and-jfks-grandfather |title=Meet Honey Fitz: The 'pixie like' mayor of Boston (and JFK's grandfather) |date=May 17, 2017 |work=Boston.com |last=DeCosta-Klipa |first=Nik}}</ref> in the private chapel of ] ] in Boston.<ref>{{cite web |title=Rose Fitzgerald Kennedy |url=https://www.jfklibrary.org/learn/about-jfk/the-kennedy-family/rose-fitzgerald-kennedy |website=John F. Kennedy Presidential Library & Museum}}</ref> After a two-week honeymoon, the couple settled at ] in the Boston suburb of ].<ref>Nasaw, p. 42</ref>


Joseph and Rose Kennedy had nine children:<ref>{{cite web |url=https://www.foxnews.com/story/eunice-kennedy-shrivers-death-leaves-2-living-kennedy-siblings |title=Eunice Kennedy Shriver's Death Leaves 2 Living Kennedy Siblings |date=March 25, 2015 |website=Associated Press}}</ref> ] (1915–1944), ], called "Jack" (1917–1963), ], called "Rosemary" (1918–2005), ], called "Kick" (1920–1948), ] (1921–2009), ] (1924–2006), ], called "Bobby" (1925–1968), ] (1928–2020), and ], called "Ted" (1932–2009). Three of the Kennedys' sons attained distinguished political positions: John F. Kennedy 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 served as U.S. attorney general (1961–1964) and as a U.S. senator from New York (1965–1968), and Edward M. "Ted" Kennedy served as a U.S. senator from Massachusetts (1962–2009). One of the Kennedys' daughters, ], founded the ] for disabled people,<ref>{{cite news |url=https://www.nytimes.com/2009/08/12/us/12shriver.html |title=Eunice Kennedy Shriver, Influential Founder of Special Olympics, Dies at 88 |first=Carla |last=Baranauckas |newspaper=The New York Times |date=August 11, 2009 }}</ref> while another, ], served as U.S. ambassador to Ireland.<ref>{{cite web |url=http://www.irishcentral.com/roots/history/last-surviving-kennedy-child-writes-about-growing-up-a-kennedy |title=Last living sibling of John F. Kennedy celebrates her 91st birthday |date=February 20, 2019 |website=IrishCentral.com}}</ref>
Kennedy engaged in numerous extramarital relationships,<ref>https://www.washingtonpost.com/news/reliable-source/wp/2016/07/11/new-kick-kennedy-bio-recounts-her-fathers-affairs-with-hollywood-actresses/ {{Bare URL inline|date=June 2021}}</ref> including with actresses ]<ref name="time.com"/><ref>{{cite web |url=https://www.latimes.com/archives/la-xpm-1988-02-14-bk-42841-story.html |title=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) |date=February 14, 1988 |via=LA Times}}</ref> and ]<ref>{{cite web |url=https://www.vanityfair.com/news/2009/03/dietrich-kennedy200903 |title=It Happened at the Hotel du Cap |first=Cari |last=Beauchamp |website=The Hive|date=February 13, 2009 }}</ref> and with his secretary, Janet DesRosiers Fontaine.<ref>{{cite web |url=https://www.newsweek.com/jfk-marilyn-hoax-174044 |title=The Jfk-Marilyn Hoax |first=Mark Hosenball On 10/5/97 at 8:00 PM |last=EDT |date=October 5, 1997 |website=Newsweek}}</ref> His relationship with Swanson, whose personal and business affairs he managed, was also an open secret in Hollywood.{{sfn|Welsch|2013|p=205}}{{sfn|Welsch|2013|p=237}}


As Kennedy's business success expanded, he and his family lived in increasing prosperity in ], ], around ], London, as well as the ]. Their two permanent homes were located in ], and ].<ref>{{cite web |title=Rose Fitzgerald Kennedy Personal Papers |url=https://www.jfklibrary.org/asset-viewer/archives/ROFKPP |website=John F. Kennedy Presidential Library & Museum}}</ref><ref>{{cite book|title=Bad Blood: Lyndon B. Johnson, Robert F. Kennedy, and the Tumultuous 1960s|first=Jeffery K.|last=Smith|page=32|year=2010|isbn=978-1452084435|publisher=AuthorHouse}}</ref>
{| border="1" style="border-collapse: collapse;"

|- style="background:#ccc;"
Kennedy engaged in numerous extramarital relationships,<ref>{{cite news|url=https://www.washingtonpost.com/news/reliable-source/wp/2016/07/11/new-kick-kennedy-bio-recounts-her-fathers-affairs-with-hollywood-actresses/ |title=New Kick Kennedy bio recounts her father's affairs with Hollywood actresses |newspaper=The Washington Post |last=Heil |first=Emily |date=July 11, 2016}}</ref> including relationships with actresses ]<ref name="Time"/><ref>{{cite web |url=https://www.latimes.com/archives/la-xpm-1988-02-14-bk-42841-story.html |title=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) |date=February 14, 1988 |via=LA Times}}</ref> and ]<ref>{{cite web |url=https://www.vanityfair.com/news/2009/03/dietrich-kennedy200903 |title=It Happened at the Hotel du Cap |first=Cari |last=Beauchamp |website=The Hive|date=February 13, 2009 }}</ref> and with his secretary, Janet DesRosiers Fontaine.<ref>{{cite web |url=https://www.newsweek.com/jfk-marilyn-hoax-174044 |title=The JFK–Marilyn Hoax |first=Mark|last=Hosenball|date=October 5, 1997 |website=Newsweek}}</ref> He also managed Swanson's personal and business affairs.{{sfn|Welsch|2013|p=205}}{{sfn|Welsch|2013|p=237}}
!Name!! Birth!! Death!!Marriage and children
|-
|]|| July 25, 1915 || August 12, 1944 || Never married and had no children, but was once engaged to ]
|-
|] || May 29, 1917 || November 22, 1963 || Married in 1953, to ], had four children, assassinated November 22, 1963,
|-
|] || September 13, 1918 || January 7, 2005 || Never married and had no children
|-
|] || February 20, 1920 || May 13, 1948 || Married in 1944, to ], never had children, died in plane crash, 1948.
|-
|] || July 10, 1921 || August 11, 2009 || Married in 1953, to ], had five children
|-
||] || May 6, 1924 || September 17, 2006 || Married in 1954, to English actor ], had four children; divorced in 1966
|-
|] || November 20, 1925 || June 6, 1968 || Married in 1950, to ], had eleven children, assassinated June 1968,
|-
|] || February 20, 1928 || June 17, 2020 || Married in 1956, to ], had two sons and adopted two daughters
|-
|] || February 22, 1932 || August 25, 2009 || Married in 1958, to ], had three children; divorced in 1982. Remarried in 1992 to ]; had no children
|}


===Lobotomy of Rosemary Kennedy=== ===Lobotomy of Rosemary Kennedy===
{{see also|Rosemary Kennedy#Lobotomy}} {{see also|Rosemary Kennedy#Lobotomy}}
], 1931. Rosemary Kennedy is seated on the far right.]] ] in ], 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 ] known as a ] would help calm her mood swings and stop her occasional violent outbursts.<ref name=Weiss/><ref>{{cite magazine|url=http://www.people.com/article/rosemary-kennedy-timothy-shriver-fully-alive|title=Rosemary Kennedy: The Truth About Her Lobotomy |magazine=People|access-date=September 6, 2015}}</ref> (Accounts of Rosemary's life indicated that she was intellectually disabled,<ref name="auto5"/><ref name="auto1">{{cite news|url=https://www.nytimes.com/2015/10/11/books/review/rosemary-the-hidden-kennedy-daughter-by-kate-clifford-larson.html|title='Rosemary: The Hidden Kennedy Daughter,' by Kate Clifford Larson|first=Meryl|last=Gordon|date=October 6, 2015|newspaper=The New York Times}}</ref> although some have raised questions about the Kennedys' accounts of the nature and scope of her disability.<ref name="independent.co.uk">{{cite web|url=http://www.independent.co.uk/news/world/americas/the-exiled-kennedy-486688.html |archive-url=https://ghostarchive.org/archive/20220617/http://www.independent.co.uk/news/world/americas/the-exiled-kennedy-486688.html |archive-date=June 17, 2022 |url-access=subscription |url-status=live|title=The exiled Kennedy|date=January 15, 2005|website=The Independent}}</ref>) 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.<ref name="independent.co.uk"/><ref name="auto1"/> Kennedy requested that surgeons perform a lobotomy on ]. The lobotomy took place in November 1941.<ref name="auto5">{{Cite web|url=https://people.com/politics/untold-story-of-rosemary-kennedy-and-her-disastrous-lobotomy/|title=The Untold Story of JFK's Sister, Rosemary Kennedy, and Her Disastrous Lobotomy|website=People |last=McNeil |first=Liz |date=September 6, 2018}}</ref><ref>{{Cite web|url=https://people.com/politics/letters-jfk-sister-rosemary-kennedy-lobotomy/|title=Unseen Letters from JFK's Sister Rosemary, Who Underwent a Lobotomy, Reveal Depth of Her 'Loss'|website=People |last=McNeil |first=Liz |date=September 13, 2018}}</ref> Kennedy did not inform his wife about the procedure until after it was completed.<ref name="auto2">{{cite news |last=Cornwell |first=Rupert |date=January 10, 2005 |title=Obituaries: Rosemary Kennedy |work=] |url=https://www.independent.co.uk/news/obituaries/rosemary-kennedy-6155200.html |url-status=dead |url-access=subscription |access-date=January 24, 2013 |archive-url=https://ghostarchive.org/archive/20220617/https://www.independent.co.uk/news/obituaries/rosemary-kennedy-6155200.html |archive-date=June 17, 2022}}</ref> ] and ] (both of ]) performed the surgery.<ref>Kessler, Ronald, ''The Sins of the Father'', Warner Books, 1996, p. 243.</ref>


The lobotomy was a disaster,<ref name="auto5"/> leaving Rosemary Kennedy permanently incapacitated.<ref name=Weiss>{{cite book |url=https://books.google.com/books?id=Aq7lwuQVQ4sC&q=rosemary+kennedy+violent+outbursts&pg=PA56 |title=Copious hosting: a theology of access for people with disabilities |first=Jennie Weiss |last=Block |publisher=Continuum International Publishing Group |year=2002 |page=56|isbn=9780826413499 }}</ref> Her mental capacity diminished to that of a two-year-old child; she could not walk or speak intelligibly and was ].<ref>{{cite web|last=Henley|first=Jon|title=The Forgotten Kennedy|url=https://www.theguardian.com/world/2009/aug/13/eunice-kennedy-shriver-rosemary-kennedy|newspaper=]|date=August 12, 2009}}</ref> Following the lobotomy, Rosemary was immediately institutionalized.<ref>Leamer, p. 322.</ref> In 1949, she was relocated to ], 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").<ref>Leamer, p. 412, and caption to photo of the house facing p. 650.</ref> Kennedy did not visit his daughter at the institution.<ref>{{cite book |first1=Peter |last1=Collier |author-link=Peter Collier (political author) |first2=David |last2=Horowitz |author2-link=David Horowitz |year=1984 |title=The Kennedys |publisher=Summit Books |isbn=978-0-671-44793-9 |page= |url=https://archive.org/details/kennedysamerica00coll/page/116 }}</ref> In ''Rosemary: The Hidden Kennedy Daughter,'' author Kate Clifford Larson stated that Rosemary's lobotomy was hidden from the family for twenty years.<ref name="people.com">{{cite web|url=https://people.com/books/why-rosemary-kennedys-siblings-didnt-see-her-after-her-lobotomy/|title=Why Rosemary Kennedy's Siblings Didn't See Her for 20 Years After Her Lobotomy|website=People|last=McNeil |first=Liz |date=September 3, 2015}}</ref> In 1961, after Kennedy suffered a ] that left him unable to speak, his children were made aware of Rosemary's location.<ref name="people.com"/> The lobotomy did not become public knowledge until 1987.<ref>{{cite web|url=http://www.irishcentral.com/opinion/niallodowd/sad-dreadful-life-Rosemary-Kennedy-revealed.html|title=Remembering the sad and dreadful life of Rosemary Kennedy|website=IrishCentral.com |last=O'Dowd |first=Niall |date=November 9, 2020}}</ref> Rosemary Kennedy died from natural causes<ref>{{cite news|url=https://www.telegraph.co.uk/news/1480698/Sister-of-President-John-F-Kennedy-dies.html |archive-url=https://ghostarchive.org/archive/20220111/https://www.telegraph.co.uk/news/1480698/Sister-of-President-John-F-Kennedy-dies.html |archive-date=January 11, 2022 |url-access=subscription |url-status=live|title=Sister of President John F Kennedy dies|date=January 8, 2005|work=]|access-date=January 24, 2013}}{{cbignore}}</ref> on January 7, 2005, at the age of 86.<ref name="auto2"/>
Kennedy requested that surgeons perform a ] on his eldest daughter ] in 1941. Various reasons for the operation have been given, but it left her permanently incapacitated.<ref name=Weiss>{{cite book |url=https://books.google.com/books?id=Aq7lwuQVQ4sC&q=rosemary+kennedy+violent+outbursts&pg=PA56 |title=Copious hosting: a theology of access for people with disabilities |first=Jennie Weiss |last=Block |publisher=Continuum International Publishing Group |year=2002 |page=56|isbn=9780826413499 }}</ref><ref>{{cite book |author=Shorter, Edward |title=The Kennedy Family and the History of Mental Retardation |year=2000 |pages=32–33 |isbn=1-56639-783-9}}</ref><ref>Murawski and Spencer, p. 3.</ref> He did not inform his wife of this decision until after the procedure was completed.<ref name="auto2">{{cite news|url=https://www.independent.co.uk/news/obituaries/rosemary-kennedy-6155200.html|title=Obituaries: Rosemary Kennedy|last=Cornwell|first=Rupert|date=January 10, 2005|work=]|access-date=January 24, 2013}}</ref> Rosemary's name "was never mentioned in the house", according to Janet DesRosiers Fontaine, Kennedy's secretary and mistress.<ref>Kessler, pp. 2, 247.</ref>


Dr. ], director of the ] 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".<ref name=Weiss/><ref>Kessler, pp. 252–253.</ref><ref name="Shorter, Edward 32–33">{{cite book |author=Shorter, Edward |title=The Kennedy Family and the History of Mental Retardation |year=2000 |pages=32–33 |publisher=Temple University Press |isbn=1566397839}}</ref><ref name=Murawski>{{cite book
The lobotomy took place in November 1941.<ref>{{Cite web|url=https://people.com/politics/untold-story-of-rosemary-kennedy-and-her-disastrous-lobotomy/|title=The Untold Story of JFK's Sister, Rosemary Kennedy, and Her Disastrous Lobotomy|website=PEOPLE.com}}</ref><ref>{{Cite web|url=https://people.com/politics/letters-jfk-sister-rosemary-kennedy-lobotomy/|title=Unseen Letters from JFK's Sister Rosemary, Who Underwent a Lobotomy, Reveal Depth of Her 'Loss'|website=PEOPLE.com}}</ref> ], who carried out the procedure with ] (both of ]), described the procedure to author ] as follows:

{{quote|We went through the top of the head, I think Rosemary was awake. She had a mild tranquilizer. I made a surgical incision in the brain through the skull. It was near the front. It was on both sides. We just made a small incision, no more than an inch." The instrument Dr. Watts used looked like a butter knife. He swung it up and down to cut brain tissue. "We put an instrument inside", he said. As Dr. Watts cut, Dr. Freeman asked Rosemary some questions. For example, he asked her to recite the ] or sing "]" or count backward. "We made an estimate on how far to cut based on how she responded." When Rosemary began to become incoherent, they stopped.<ref>Kessler, Ronald, ''The Sins of the Father'', Warner Books, 1996, p. 243.</ref>}}

Dr. Watts told Kessler that in his opinion, Rosemary had suffered not from mental retardation but rather from a form of depression. A review of all of the papers written by the two doctors confirmed Dr. Watts' declaration. All of the patients the two doctors lobotomized were diagnosed as having some form of mental disorder. Dr. ], director of the ] who was previously an aide to President Kennedy, told Kessler that Joe Kennedy referred to his daughter Rosemary as mentally retarded rather than mentally ill in order to protect John's reputation for a presidential run, and that the family's "lack of support for mental illness is part of a lifelong family denial of what was really so".<ref name=Weiss/><ref>Kessler, pp. 252–253.</ref><ref name="Shorter, Edward 32–33">{{cite book |author=Shorter, Edward |title=The Kennedy Family and the History of Mental Retardation |year=2000 |pages=32–33 |isbn=1566397839}}</ref><ref name=Murawski>{{cite book
|url=https://books.google.com/books?id=7ZiP_G3QK1cC&pg=PA3 |title=Collaborate, Communicate, and Differentiate!: How to Increase Student Learning in Today's Diverse Schools |author1=Murawski, Wendy W. |author2=Spencer, Sally |publisher=Corwin Press |year=2011 |page=3|isbn=9781412981842 }}</ref> |url=https://books.google.com/books?id=7ZiP_G3QK1cC&pg=PA3 |title=Collaborate, Communicate, and Differentiate!: How to Increase Student Learning in Today's Diverse Schools |author1=Murawski, Wendy W. |author2=Spencer, Sally |publisher=Corwin Press |year=2011 |page=3|isbn=9781412981842 }}</ref>

It quickly became apparent that the procedure had not been successful. Kennedy's mental capacity diminished to that of a two-year-old child. She could not walk or speak intelligibly and was ].<ref>{{cite web|last=Henley|first=Jon|title=The Forgotten Kennedy|url=https://www.theguardian.com/world/2009/aug/13/eunice-kennedy-shriver-rosemary-kennedy|newspaper=]|date=August 12, 2009}}</ref>

Following the lobotomy, Rosemary was immediately institutionalized.<ref>Leamer, p. 322.</ref> In 1949, she was relocated to ], 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").<ref>Leamer, p. 412, and caption to photo of the house facing p. 650.</ref> Kennedy did not visit his daughter at the institution.<ref>{{cite book |first1=Peter |last1=Collier |author-link=Peter Collier (political author) |first2=David |last2=Horowitz |author2-link=David Horowitz |year=1984 |title=The Kennedys |publisher=Summit Books |isbn=978-0-671-44793-9 |page= |url=https://archive.org/details/kennedysamerica00coll/page/116 }}</ref> In ''Rosemary: The Hidden Kennedy Daughter,'' author Kate Clifford Larson stated that Rosemary's lobotomy was hidden from the family for twenty years.<ref name="people.com">{{cite web|url=https://people.com/books/why-rosemary-kennedys-siblings-didnt-see-her-after-her-lobotomy/|title=Why Rosemary Kennedy's Siblings Didn't See Her for 20 Years After Her Lobotomy|website=PEOPLE.com}}</ref> In 1961, after Kennedy suffered a stroke that left him unable to speak, his children were made aware of Rosemary's location.<ref name="people.com"/> The lobotomy did not become public knowledge until 1987.<ref>{{cite web|url=http://www.irishcentral.com/opinion/niallodowd/sad-dreadful-life-Rosemary-Kennedy-revealed.html|title=Remembering the sad and dreadful life of Rosemary Kennedy|date=January 7, 2019|website=IrishCentral.com}}</ref> Rosemary Kennedy died from natural causes<ref>{{cite news|url=https://www.telegraph.co.uk/news/1480698/Sister-of-President-John-F-Kennedy-dies.html|title=Sister of President John F Kennedy dies|date=January 8, 2005|work=]|access-date=January 24, 2013}}</ref> on January 7, 2005, at the age of 86.<ref name="auto2"/>


===Illness and death=== ===Illness and death===
]
]
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 ], 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.<ref name="People: May 22, 1964" /> Kennedy began to experience excessive muscular weakness, which eventually required him to use a wheelchair. In 1964, Kennedy was taken to ] in Philadelphia, a medical and rehabilitative center for those who have experienced brain injury.<ref name="People: May 22, 1964">, ''Time'', May 22, 1964.</ref> 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 ], 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.<ref name="People: May 22, 1964" /> Kennedy began to experience excessive muscular weakness, which eventually required him to use a wheelchair. In 1964, Kennedy was taken to ] in Philadelphia, a medical and rehabilitative center for those who have experienced brain injury.<ref name="People: May 22, 1964">, ''Time'', May 22, 1964.</ref>


Kennedy's son Robert was assassinated on June 5, 1968.<ref>{{cite web|url=https://www.nbcnews.com/slideshow/rfk-50-years-later-look-back-assassination-bobby-kennedy-n880621|title=RFK 50 years later: A look back at the assassination of Bobby Kennedy|website=NBC News}}</ref> In the aftermath of his son's death, Kennedy made his last public appearance when he, his wife, and son Ted made a filmed message to the country.<ref>{{cite web |url=https://www.youtube.com/watch?v=_6g8V9WsRpU |title=Edward & Rose Kennedy thanks the nation following Robert F. Kennedy's assassination |date=June 15, 1968 |website=YouTube}}</ref> He died at home in Hyannis Port the following year on November 18, 1969.<ref>{{cite news |url=https://www.nytimes.com/2012/11/30/books/david-nasaws-patriarch-on-joseph-p-kennedy.html |title=David Nasaw's 'Patriarch,' on Joseph P. Kennedy |first=Michiko |last=Kakutani |newspaper=The New York Times |date=November 29, 2012 }}</ref> He had outlived four of his children.<ref>{{cite web |url=https://www.bostonmagazine.com/news/2012/11/13/joseph-kennedy-biography-book-review/ |title=Book Review: Joseph Kennedy Biography by David Nasaw |first=I'm a |last=scraper |date=November 13, 2012 }}</ref> He was buried at ] in ]. Kennedy's widow Rose was buried next to him following her death in 1995, as was their daughter Rosemary in 2005.<ref>{{cite news |url=http://archive.boston.com/news/education/higher/articles/2011/09/22/friends_family_bid_farewell_to_kara_kennedy_in_washington_brookline/ |title=Friends, family bid farewell to Kennedy in D.C., Brookline|first1=Alex|last1=Katz|first2=Travis|last2=Andersen|newspaper=Boston.com|date=September 22, 2011|via=The Boston Globe}}</ref> Kennedy's son Robert was assassinated on June 5, 1968, while ]. He died the following morning at the age of forty-two.<ref>{{cite web|url=https://www.nbcnews.com/slideshow/rfk-50-years-later-look-back-assassination-bobby-kennedy-n880621|title=RFK 50 years later: A look back at the assassination of Bobby Kennedy|publisher=NBC News|date=June 6, 2018}}</ref> 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.<ref>{{cite web |url=https://www.youtube.com/watch?v=_6g8V9WsRpU |archive-url=https://ghostarchive.org/varchive/youtube/20211212/_6g8V9WsRpU |archive-date=2021-12-12 |url-status=live|title=Edward & Rose Kennedy thanks the nation following Robert F. Kennedy's assassination |date=June 15, 1968 |website=YouTube}}{{cbignore}}</ref> 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.<ref>{{cite news |url=https://www.nytimes.com/2012/11/30/books/david-nasaws-patriarch-on-joseph-p-kennedy.html |title=David Nasaw's 'Patriarch,' on Joseph P. Kennedy |first=Michiko |last=Kakutani |newspaper=The New York Times |date=November 29, 2012}}</ref> He had outlived four of his children.<ref>{{cite web |url=https://www.bostonmagazine.com/news/2012/11/13/joseph-kennedy-biography-book-review/ |title=Sins of the Father |last=Bradley |first=Richard |work=BostonMagazine.com|date=November 13, 2012 }}</ref> He was buried at ] in ], 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.<ref>{{cite news |url=http://archive.boston.com/news/education/higher/articles/2011/09/22/friends_family_bid_farewell_to_kara_kennedy_in_washington_brookline/ |title=Friends, family bid farewell to Kennedy in D.C., Brookline|first1=Alex|last1=Katz|first2=Travis|last2=Andersen|newspaper=Boston.com|date=September 22, 2011|via=The Boston Globe}}</ref>

==In popular culture==
{{more citations needed section|date=October 2019}}
Kennedy plays a significant role as a character in '']'', ]' fictionalized account of the rise of Winston Churchill. In ]'s thriller '']'', Pa Keegan is a fictionalized version of Kennedy, and is portrayed by ] in the ].

In the ] novel '']'' by ], set in 1964, the senior Kennedy—not his son John F. Kennedy—is president of the United States and about to arrive in Berlin to conclude a treaty with ].

===Movies and television===
Kennedy has been portrayed by:
* ] in the 1977 movie '']''
* ] in the 1983 miniseries '']''
* ] in the 1985 film '']''
* ] in the 1987 miniseries '']''
* ] in the 1990 miniseries '']''
* ] in the second episode ("The Kennedy Years") of the 1991 miniseries '']''
* ] in the 1993 TV miniseries '']''
* Jan Kohout in the 1994 TV movie '']''<ref>{{cite web |url=https://www.imdb.com/title/tt0109779/fullcredits/ |title=Fatherland (TV Movie 1994) |via=www.imdb.com}}</ref>
* Irish actor ] in the 1998 movie '']''
* ] in the 2000 TV movie ''Jackie Bouvier Kennedy Onassis''
* ] in the 2011 miniseries '']'' and in the 2017 miniseries '']''
* ] in the 2012 '']'' episode "The Love That Pays the Price"
* ] in the HBO series '']''
* ] in the 2017 film '']''
* Eugene Bunge in the 2019 film '']'' <ref>{{Cite web|url=https://www.imdb.com/name/nm11168433/?ref_=ttfc_fc_cl_t99|title = Eugene Bunge}}</ref>


==See also== ==See also==
Line 292: Line 225:
* Brinkley, Alvin. ''Voices of Protest''. Vintage, 1983. * Brinkley, Alvin. ''Voices of Protest''. Vintage, 1983.
* ] ''The Fitzgeralds and the Kennedys: An American Saga''. Simon & Schuster, 1987. * ] ''The Fitzgeralds and the Kennedys: An American Saga''. Simon & Schuster, 1987.
* ]. ''The Dark Side of Camelot''. Back Bay Books, 1998. * ]. '']''. Back Bay Books, 1998.
* ]. ''The Sins of the Father: Joseph P. Kennedy and the Dynasty He Founded''. Warner, 1996 * ]. ''The Sins of the Father: Joseph P. Kennedy and the Dynasty He Founded''. Warner, 1996
* Leamer, Laurence. ''The Kennedy Men: 1901–1963''. Harper, 2002. * Leamer, Laurence. ''The Kennedy Men: 1901–1963''. Harper, 2002.
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==External links== ==External links==
* {{IMDb name|id=0448132}} * {{IMDb name|id=0448132}}
* * {{Webarchive|url=https://web.archive.org/web/20090306184151/http://www.pbs.org/wgbh/amex/kennedys/peopleevents/p_joe.html |date=March 6, 2009 }}
* *
* *
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Latest revision as of 17:47, 26 December 2024

American businessman and politician (1888–1969) "Joseph Kennedy" redirects here. For other uses, see Joseph Kennedy (disambiguation).

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
BornJoseph 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 Rose Fitzgerald ​(m. 1914)
Children
Parents
RelativesKennedy family
EducationHarvard University (AB)
Occupation
Signature

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.

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 ." After a controversy regarding this statement, Kennedy resigned his position.

Kennedy was married to Rose Fitzgerald; the couple 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 as the U.S. attorney general and as a U.S. senator from New York, and Ted as a U.S. senator from Massachusetts.

Early life and education

Waist high portrait of man in his teens wearing a suit, leaning to his left so his right shoulder is cut off
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. Kennedy was the elder son of Mary Augusta (née Hickey) Kennedy and businessman and politician Patrick Joseph "P.J." Kennedy. Kennedy attended Boston Latin School, where he excelled at baseball and was elected class president before graduating in 1908.

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

Business career

Kennedy set his future sights on embarking on 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. Although Kennedy never built a significant business from scratch, his timing as both buyer and seller was excellent.

Various criminals, such as Frank Costello, have boasted they worked with Kennedy in mysterious bootlegging operations during Prohibition. 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. 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.

Early ventures

Young man in his twenties in a suit, seated and looking back toward the camera
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 $1.4 million in 2023) 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. 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.

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.

Although he was skeptical of American involvement in World War I, 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. Through this job, he became acquainted with Assistant Secretary of the Navy Franklin D. Roosevelt.

Wall Street and stock market investments

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. 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. In 1923, he established his own investment company. Kennedy subsequently became a multi-millionaire as a result of taking "short" positions following the 1929 stock market crash.

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. 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.

1929 Wall Street Crash

Kennedy later claimed he understood that the rampant stock speculation of the late 1920s would lead to a market crash. It is said that he knew it was time to get out of the market when he received stock tips from a shoe-shine boy, but no evidence has been found of the anecdote and the first known version of the same tale was associated to Bernard Baruch in 1957. Kennedy survived the crash "because he possessed a passion for facts, a complete lack of sentiment and a marvelous sense of timing".

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 $71 million in 2023). By 1935, his wealth had increased to $180 million (equivalent to $4 billion in 2023). He also acquired enough capital to establish million-dollar trust funds for each of his nine children that guaranteed lifelong financial independence.

Investments

Hollywood

Studio photo of Kennedy as part of trade paper advertisement promoting Film Booking Offices of America's forthcoming attractions, May 1928
Lobby card for Sadie Thompson with head high portrait of woman in her thirties
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.

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, but quickly moved on to industry-wide arrangements and production. 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." 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.

In March 1926, Kennedy moved to Hollywood to focus on running film studios. 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. In October 1928, he formally merged his film companies FBO and KAO to form Radio-Keith-Orpheum (RKO) 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). 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.

Keen to buy the Pantages Theatre chain, which had 63 profitable theaters, Kennedy made an offer of $8 million (equivalent to $142 million in 2023). It was declined. He then stopped distributing his movies to Pantages. Still, Alexander Pantages declined to sell. 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 $62.1 million in 2023). 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.

Many estimate that Kennedy made over $5 million (equivalent to $88.7 million in 2023) from his investments in Hollywood. During his three-year affair with film star Gloria Swanson, 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. Their relationship ended when Swanson discovered that an expensive gift from Kennedy had actually been charged to her account.

Liquor importing

As soon as it became legal to do so, Kennedy ventured into liquor importing. One of his shipping ventures he was involved in was 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. 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. In addition, Kennedy purchased spirits-importation rights from Schenley Industries, a Canadian distillery and liquor company. 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.

Real estate

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. 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. 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.

Political career

SEC Chairman (1934–1935)

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.

In 1934, Congress established the independent Securities and Exchange Commission (SEC) to end irresponsible market manipulations and dissemination of false information about securities. 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."

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. 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. 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.

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

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, which built on his wartime experience in running a major shipyard. Kennedy spent only ten months at the Commission.

Relationship with Father Charles Coughlin

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.

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. When Coughlin returned to the air in 1940, Kennedy continued to battle against his influence among Irish Americans.

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. A historian with History News Network also stated that Coughlin was a friend of Kennedy as well. In a Boston Post article of August 16, 1936, Coughlin referred to Kennedy as the "shining star among the dim 'knights' in the Administration".

Ambassador to the United Kingdom (1938–1940)

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, telling a British reporter in late 1939 that he was confident that Roosevelt would "fall" in 1940 (that year's presidential election).

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. This move prompted Randolph Churchill to say, "I thought my daffodils were yellow until I met Joe Kennedy".

Kennedy developed a reputation as a defeatist.

High society

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.

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?"

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.

Appeasement

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. 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".

Anti-British sentiment

When war came in September 1939, Kennedy's public support for American neutrality conflicted with Roosevelt's increasing efforts to provide aid to Britain. "Democracy is finished in England. It may be here ", 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 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.

Isolationism

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.

Antisemitism

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 " individual Jews are all right, Harvey, but as a race they stink. They spoil everything they touch." 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."

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. himself fully understood our Jewish policy." 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.

Kennedy had a close friendship with Viscountess Astor, and their correspondence is replete with anti-Semitic statements. 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".

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." 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. 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.

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.

Resignation

From late 1939 onwards, Kennedy began to suspect that Roosevelt and the State Department were excluding him from decision-making and communiqués pertinent to his ambassadorial duties. Roosevelt had started to communicate in secret with Winston Churchill (at this time First Lord of the Admiralty, later Prime Minister). In early 1940, Roosevelt also sent personal representatives (under Secretary of State Sumner Welles, and General William Donovan) on fact-finding missions to London and other European capitals, without advising Kennedy beforehand, thereby causing the ambassador great embarrassment and annoyance. As a result, Kennedy was, for much of 1940, determined to resign his post, although Roosevelt insisted he remain in London. In late October 1940, Roosevelt invited Kennedy to return to Washington for a pre-election consultation, Kennedy used this visit to announce his resignation. Kennedy agreed to make a nationwide radio speech to advocate Roosevelt's reelection. Roosevelt was pleased with the speech because, Nasaw says, it "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." Kennedy finally submitted his resignation at the White House on December 1, 1940, but agreed to remain Ambassador until a successor was chosen in early 1941.

For 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 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. spent 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. 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.

Alliances

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. 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.

A political conservative (John F. Kennedy once described his father as being to "the right of Herbert Hoover"), 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.

Alliance with Senator Joseph McCarthy

Kennedy's close ties with Republican Senator Joseph McCarthy of Wisconsin 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 home in Hyannis Port, Massachusetts, as a weekend house guest in the late 1940s. McCarthy at one point dated his daughter Patricia.

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 1952 U.S. Senate race in Massachusetts, 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.

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 John.

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.

Involvement in sons' political careers

Kennedy's connections and influence were turned into political capital for the political campaigns of his sons: John, Robert, and Ted. Kennedy was influential in creating John's cabinet, which included Robert as U.S. attorney general, although he had never argued or tried a case. He 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.

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, Joe 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.

Personal life

Main article: Kennedy family

Marriage and children

On October 7, 1914, Kennedy married Rose Fitzgerald, the eldest daughter of Boston Mayor John F. "Honey Fitz" Fitzgerald, in the private chapel of Archbishop William Henry O'Connell in Boston. After a two-week honeymoon, the couple settled at 83 Beals Street in the Boston suburb of Brookline, Massachusetts.

Joseph and Rose Kennedy had nine children: Joseph Jr. (1915–1944), John, called "Jack" (1917–1963), Rose Marie, called "Rosemary" (1918–2005), Kathleen, called "Kick" (1920–1948), Eunice (1921–2009), Patricia (1924–2006), Robert, called "Bobby" (1925–1968), Jean (1928–2020), and Edward, called "Ted" (1932–2009). Three of the Kennedys' sons attained distinguished political positions: John F. Kennedy 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 served as U.S. attorney general (1961–1964) and as a U.S. senator from New York (1965–1968), and Edward M. "Ted" Kennedy served as a U.S. senator from Massachusetts (1962–2009). One of the Kennedys' daughters, Eunice Kennedy Shriver, founded the Special Olympics for disabled people, while another, Jean Kennedy Smith, served as U.S. ambassador to Ireland.

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.

Kennedy engaged in numerous extramarital relationships, including relationships with actresses Gloria Swanson and Marlene Dietrich and with his secretary, Janet DesRosiers Fontaine. He also managed Swanson's personal and business affairs.

Lobotomy of Rosemary Kennedy

See also: Rosemary Kennedy § Lobotomy
Family portrait taken outside with children surrounding their parents
The Kennedy 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. (Accounts of Rosemary's life indicated that she was intellectually disabled, although some have raised questions about the Kennedys' accounts of the nature and scope of her disability.) 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. Kennedy requested that surgeons perform a lobotomy on Rosemary. The lobotomy took place in November 1941. Kennedy did not inform his wife about the procedure until after it was completed. James W. Watts and Walter Freeman (both of George Washington University School of Medicine) performed the surgery.

The lobotomy was a disaster, leaving Rosemary Kennedy permanently incapacitated. Her mental capacity diminished to that of a two-year-old child; she could not walk or speak intelligibly and was incontinent. Following the lobotomy, Rosemary was immediately institutionalized. 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"). Kennedy did not visit his daughter at the institution. In Rosemary: The Hidden Kennedy Daughter, author Kate Clifford Larson stated that Rosemary's lobotomy was hidden from the family for twenty years. In 1961, after Kennedy suffered a stroke that left him unable to speak, his children were made aware of Rosemary's location. The lobotomy did not become public knowledge until 1987. Rosemary Kennedy died from natural causes on January 7, 2005, at the age of 86.

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".

Illness and death

Kennedy (center) and family members sit at a table during his 75th birthday celebration in his home in Hyannis Port, 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. 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.

Kennedy's son Robert was assassinated on June 5, 1968, while running for president. He died the following morning at the age of forty-two. 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. 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. He had outlived four of his children. 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.

See also

Portals:

References

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  66. 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.
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Bibliography

  • 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

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

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