Frederick Henry Prince (November 30, 1860 – February 2, 1953) was an American stockbroker, investment banker and financier. Early life Prince was born in Winchester, Massachusetts on November 30, 1860, the son of Frederick O. Prince, former mayor of the city of Boston and Helen Susan ( Henry) Prince. Among his siblings were Gordon Prince, Charles Albert Prince, and Dr. Morton Prince. He studied at Harvard University, but left in his sophomore year to get an early start in the business world. He acquired a seat on the New York Stock Exchange, on December 10, 1885, and retained his individual membership throughout his life. Career Prince made a fortune through his investments in a number of business ventures. Seeing the potential for the stockyard business, during the first decade of the 20th century, he began buying up small companies, merging them into the giant Union Stockyards and Transit Company, of which he was chairman. To ensure control over delivery service to his stockyards, a significant and integral part of the food and tobacco sector, Prince's company acquired outright or held a controlling interest in the Pere Marquette Railway and the Chicago Junction Railway. Combined, these gave his stockyard operations hundreds of miles of rail lines and close to of land. In the early 1920s, Prince acquired Armour and Company, one of the country's major slaughterhouses and meatpacking operations. A friend of Joseph P. Kennedy Sr., Prince helped finance Kennedy's 1925 acquisition of the Robertson-Cole/Film Book Offices, which would evolve into RKO Pictures. A Republican Party member and delegate to the 1928 convention, Prince aided President Franklin D. Roosevelt efforts to pull America out of the Great Depression of the 1930s. In 1933, he formulated a widely debated program for consolidation for the nation's railroads. Known as the "Prince Plan", it was projected to create savings for the nation's railroads of $740 million annually. The plan was rejected, because it would have thrown thousands of workers out of their jobs. This experience led him to also propose sweeping changes in the United States Constitution to make the president more independent. Sportsman Prince was a member of the New York Yacht Club, he owned the Weetamoe, a J-class yacht. The Weetamoe competed for a berth in the America's Cup, losing in the 1934 trials to the ultimate winner Harold Stirling Vanderbilt and his yacht, Rainbow. He owned a large number of horses