National Affairs: Money Talk

Everyone knows that John F. Kennedy is rich—but almost no one, perhaps even including Jack himself, knows just how rich. Last week came some grist for the wealth-wonderers' mill.

From Family Patriarch Joe Kennedy came the word that Jack had divested himself of all personally held stocks and bonds during the last two months. The proceeds (amount undisclosed) were then invested in state, municipal and Government bonds to avoid financial conflict of interest. The President-elect is also the beneficiary of three irrevocable trust funds set up for the Kennedy children in 1926, 1936 and 1949 by their father. The three trust funds...

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