Show MOVIE E n. iER NEw TO FILM WOHLD HEADS US MOVIE By GENE CORN I Service C Writ cr NEW YORK April 22 2 Barel y more maIo than n a year ear ago he appeared In the film world world- Yet Joseph p P. I Kennedy who was hailed hallE 1 at 25 os as a business genius hM has steered the course courso ot of othis his company through channels that brought It up the other oth r day II one ot of the greatest theatre film mergers In motion picture annals INVOLVES OL HUGE sUn SUM This marger which concerned the business end or of the Cinema industry far more than It In In- Interested the tho average e fan raD involves olves I am told n a flotation ot of half alt a billion dollars and a a. film tie up h a chain of theatres hC S including g the Keith Keith-Albee I e the Orpheum circuit In the tho west the Vest Coast Theatres the tho Stanley company com com- company pany Interests North AmerIcan Th Theatres atres Inc Ine and others Dis- Dis Distributing and anel producing Interests Include First National Producers Distributing corporation and Film Booking Offices It Is over o F. F D. D O. O that I Ken Ken- Kennedy en- en nedy reigns and the presence or of orsome some or of Wall Vall streets street's most nt nent names s In financing the deal may perhaps be at least partially due to Kennedys Kennedy's financial his his- tory tor In January Januar 1926 this young oung still man In his pur thirties chased F. F D. D 0 lie He md had come from Boston where lie he was born Ills father was as p. p J. J Kennedy I a a. former state senator from Massachusetts At Hanard he made some slight athletic ath- ath athI I letic tlc rep as first baseman on the college e ball team When lie he left Harvard he took tooka a political Job as state bank ex ex- examiner and a a. couple ot of years ears later round found himself the youngest bank banle president In America lie was then 25 and headed the Columbia trust frust company compan Befitting a typical American i M 3 Y C. C R P. P I IE E EX X I success story he married the daughter ot of the Boston mayor Rose Hose Fitzgerald FI Thereafter he was variously general manager ot of ofa a a. Fall River shipbuilding concern and ot of another business corpora corpora- tion KEPT EYES OX ON FIL FILMS IS But Dut his eyes were on the tho films When Chen we lI lived in smaller Mas- Mas Massachusetts Massachusetts towns we went often orten to the picture theatres he re- re rei i calls calIs For after all they were the chief source ot of entertainment almost almot the only place left for forthe forthe the majority or of PEople I He began bEs studying the films their operation and production Suddenly Sudden to the surprise ot of film film- filmdom dom he appeared as the pur- pur purchase chase or of lo F. D. D O-a. O complete newcomer to cinema om and on one or of the tho youngest ot of the powerful figures for Cor ho he still Is under 40 |