Books: The President's Buddy

THE PLEASURE OF HIS COMPANY by Paul B. Fay Jr. 262 pages. Harper & Row. $5.95.

It was dinnertime one December night in 1959, and the patriarch of the clan was ventilating one of his favorite complaints. "No one," said Joe Kennedy, a man worth more than $250 million then as now, "appears to have the slightest concern for how much they spend." The chastened familial silence that greeted this remark was at length broken by one of his sons. Said John F. Kennedy: "We've come to the conclusion that the only solution is to...

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