"The decision was made by the Vincentian Fathers and the college, which is run by the Vincentian order. A statement explained that representatives “are now exploring with members of Mrs. Kennedy’s family how best to preserve and curate this archive for the future.”
The next day brought the news that All Hallows College in Dublin will eventually close due to falling enrollment and financial struggles.
Earlier in May, a spokeperson for the college told the Irish Times there were no legal issues with selling the letters. The matter did end up in the courts when a temporary injunction was issued against a rare book owner for falsely representing himself as the owner of the correspondence and possibly taking photos of some of the letters as well. The letters had been discovered after the arrival of a new president — an American-born Vincentian priest — as the college instituted a search of the archives to find any items that might be sold to raise needed cash. He’s since said the sale would only have given the school some “wiggle room” and would have failed to save it permanently.
http://www.washingtonpost.com/blogs/she-the-people/wp/2014/06/03/jacqueline-kennedys-letters-to-irish-priest-pulled-from-auction-amid-controversy/?hpid=z4
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