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Joseph P. Kennedy Sr.

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Joseph P. Kennedy Sr.

Joseph Patrick Kennedy (September 6, 1888 – November 18, 1969) was an American businessman, investor, philanthropist, and politician. Known for his own political prominence as well as that of his children, he was the ambitious patriarch of the Kennedy family. Kennedy was born into a political family in East Boston, Massachusetts. After making a large fortune as a stock and commodity market investor, he invested in 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. He 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 Germany. During the Battle of Britain in November 1940, Kennedy publicly suggested, "Democracy is finished in England. It may be here [in the United States]." After a controversy regarding this statement, Kennedy resigned his position. Kennedy was married to Rose Fitzgerald Kennedy; 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 F. Kennedy served as a U.S. senator from Massachusetts and as the 35th president of the United States, Robert F. Kennedy served as the U.S. attorney general and as a U.S. senator from New York, and Ted Kennedy was a U.S. senator from Massachusetts. Kennedy was also the father of Special Olympics founder Eunice Kennedy Shriver and U.S. Ambassador to Ireland Jean Kennedy Smith.

Infobox

President
Franklin D. Roosevelt
Preceded by
Position established
Succeeded by
James M. Landis
Born
Joseph Patrick Kennedy(1888-09-06)September 6, 1888Boston, Massachusetts, U.S.
Died
November 18, 1969(1969-11-18) (aged 81)Hyannis Port, Massachusetts, U.S.
Resting place
Holyhood Cemetery
Political party
Democratic
Spouse
mw- Rose Fitzgerald (m. 1914)
Children
mw- .inline, .inline dl, .inline ol, .inline ul, dl dl, dl ol, dl ul, ol dl, ol ol dd dd dd , dd dt , dd li , dt dd , dt dt , dt li , li dd dd dd , dd dt , dd li , dt dd , dt dt , dt li , li dd dd ol li Joseph Jr.JohnRoseKathleenEunicePatriciaRobertJeanEdward
Parent
mw- P. J. Kennedy (father)
Relatives
Kennedy family
Education
Harvard University (AB)
Occupation
Businessmaninvestorphilanthropistpolitician
Party
Democratic

Tables

· External links
New office
New office
Government offices
New office
Government offices
Chair of the U.S. Securities and Exchange Commission 1934–1935
Government offices
Succeeded byJames M. Landis
Diplomatic posts
Diplomatic posts
Government offices
Diplomatic posts
Preceded byRobert Worth Bingham
Preceded byRobert Worth Bingham
Government offices
Preceded byRobert Worth Bingham
Government offices
United States Ambassador to the United Kingdom 1938–1940
Government offices
Succeeded byJohn G. Winant
Government offices
New office
Chair of the U.S. Securities and Exchange Commission 1934–1935
Succeeded byJames M. Landis
Diplomatic posts
Preceded byRobert Worth Bingham
United States Ambassador to the United Kingdom 1938–1940
Succeeded byJohn G. Winant

References

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  56. The New York Times
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  73. When Lions Roar: The Churchills and the Kennedys
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  79. Nasaw, pp. 564–572.
  80. Hersh 64.
  81. Hersh 63.
  82. Franklin D. Roosevelt Presidential Library and Museum
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  83. Boston Sunday Globe, November 10, 1940.
  84. The Kennedys: Dynasty and Disaster
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  85. Leamer 115.
  86. Hersh 64; Renehan 29.
  87. Renehan 60.
  88. Renehan 26–27; Leamer 136.
  89. Renehan, "Joseph Kennedy and the Jews".
  90. Leamer 134.
  91. Fleming, Thomas. The New Dealers' War: F.D.R. And The War Within World War II, Basic Books, 2001.
  92. Renehan 311.
  93. Kessler, p. 277
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  95. FDR: A New Political Life
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  96. JFK: Coming of Age in the American Century, 1917-1956
  97. Amanda Smith, ed., Hostage to Fortune: The Letters of Joseph P. Kennedy, pp. 408–463.
  98. Nasaw, pp. 492–96, quote p. 496.
  99. Leamer pp. 152–53; William E. Leuchtenburg, In the Shadow of FDR: From Harry Truman to George W. Bush (2001) pp. 68–73.
  100. Leamer pp 313, 434; Adam Cohen and Elizabeth Taylor. American Pharaoh: Mayor Richard J. Daley -- His Battle for Chicago
  101. Leamer p. 349.
  102. In the Shadow of FDR: From Harry Truman to George W. Bush
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  103. The New York Times
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  105. Kessler, p. 389.
  106. "Parents at the Inaugurations – Presidents' Parents"
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  108. Time
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  109. Boston.com
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  110. John F. Kennedy Presidential Library & Museum
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  111. Nasaw, p. 42
  112. Associated Press
    https://www.foxnews.com/story/eunice-kennedy-shrivers-death-leaves-2-living-kennedy-siblings
  113. The New York Times
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  114. IrishCentral.com
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  115. John F. Kennedy Presidential Library & Museum
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  118. "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)"
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  119. The Hive
    https://www.vanityfair.com/news/2009/03/dietrich-kennedy200903
  120. Newsweek
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  122. Welsch 2013, p. 237.
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  128. People
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  129. The Independent
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  133. Leamer, p. 412, and caption to photo of the house facing p. 650.
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  135. People
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  137. The Daily Telegraph
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  138. Kessler, pp. 252–253.
  139. The Kennedy Family and the History of Mental Retardation
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