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/ - ; Joseph P. Wennedy, outstending financier and incustriclist, - wos born Septenber 6, 1833; received an 4.8. degree fron karvard in ; |. 31812. At the age of 25 he was the youngest bank president in the . United Stctes. Kennedy quit benking in 1917 ond subsequently worked © with the Bethlehen Shipbuilding Corporation, spent a number of years producing motion pictures and for several years speculcted ertensively in the stock nortet. In 1934 Kennedy was oppointed head of the Securities end Exchange Comnisston but resionec from that position in 1955, He wos Anbdassodor to Engiand fron i337 to i220, in 1554 Kennedy servec on the Hoover Conaission which mode a survey of various Government bureaus together with recomnendctions for reorganization. In February, 1955, the White House requested a name check concerning Kennedy, stating that he was being considered for appointment to the Presicent’s Corrnitssion on Yeterons Pensions. : ce . ' ' 1 Cot ate eee a ae, ae eS oly a Ae ete ast sp : {fiscellaneous Infornction tn Bureau Files: Bufiles refiect no conviete investigation concerning Lennedy; however, tn Lfay, 1951, a limited inguiry was requested by the Depart~- ment of Justice concerning an allegation that Fennedy, then owner of Merchandise Hort Building in Chicago, Illinois, gave $100,900 for rezaval of Government offices from the building. The conplatnant clained that the.allegation wos received by him from o friend, who when contacted by the Bureau, denied furnishing the allegation. The inquiry was closed on 6-?-51 at the request of the Department since no specific facts were deucloped. (58-2402) . _ The June 1, 1939, tissue of "Foreign Observer,” which quoted renerks from the privately circulated and weli-inforned publication "veek"” of London, stcted that the British were bevitldered as to why Kennedy was allowed to remain as Ambassador considering his record es an cppeaser and apologist for Chamberlain. (94-5-4-763) - In April, 1942, a source of unknown reliability odvised that ~ James Roosevelt traveled to England just prior to the repeal of pro- hibition and secured exclusive U.S. Liguor rights from the company which controlled almost the entire Scotch whtsxey outout tn England. Que to pressure from U,S. liquor interests, Jumes Koosevelt allegedly tronsferred these contacts to Kennedy who was reportecly appointed Anbassador to Encland so he could handie the contacts. It wos further — Glleced thet Senator Iye hod been advised of the above but was reluctcnt = 2 -_= a id . G . a ree nr oe ee ve ee ee ee Pal