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m more, and ts supposed to have contributed another one hundred thousand indtreotiy. In that year he traveled with the Roosevelt Campaign frain, and in 1934, Roosevelt appointed Kennedy head of the Securtties Brchange Commission, G@ chotce which aroused considerable comment due to Kennedy's background of morket speculation. But when Kennedy resigned in September, 1935, it was generally conceeded that he had done a good job. Back in private life, Kennedy worked for a short time oe an independent corporation consultant reorganizing RCA, making a report on Paramount Pictures and reorganizing the Hearst properties. He also published a campaign volume, I'm For Roosevelt, (1936). In October, 1936, Washington columnist Ray Tucker stated that Xennedy was “working the millionaires!’ side of the Wew Deal Street" by assuring the "economic royalists” that F. D. Re had run out of radical bl mode him chatrmon of the newly-formed Maritine Commission, set up to create an American Merchant Marine and to administer the United States Merchant Marine Act. He was in charge for seventy- five days, during which he settled many operators' claims against the Government, and worked out G scheme for substdizing shipping companies to the tune of twenty-five million dollars a year. The Fotionel Moritine Union called Kennedy a "Union Wrecker™ because of hts advocacy of legislation to outlaw strikes and make orbitration of labor disputes compulsory. This attitude was evidenced siz years later when Kennedy was being considered as -3-