Carpenter was born in Cedar Rapids, Iowa on March 28, 1900. He moved to Scottsbluff in 1916 and was employed in various capacities by a railroad company. From 1922 to 1923 he sold tobacco and candy, moving to Long Beach, California in 1923. There, he was the manager of the municipal gas and water department. He returned to Scottsbluff in 1927 where he worked in the garage business and the retail coal business.
Career
Carpenter ran unsuccessfully for mayor of Scottsbluff, Nebraska in 1931, but the next year was elected to the Seventy-third Congress as a Democrat for the 5th District. He did not run for reelection, since he was running for Governor of Nebraska in 1934. Failing to get the Democratic nomination, he next ran for a seat in the U.S. Senate but lost the election, coming in a distant third place with 18% of the vote, as he was running against the incumbent independent Republican George W. Norris and another Republican candidate. Norris won the election. Carpenter continued to run for various offices unsuccessfully through the 1940s, but was a very successful businessman. He established the only gasoline refinery in Nebraska in Scottsbluff, with his own chain of gas stations in several states which created gas wars wherever they opened. He eventually sold this operation and started several new businesses. Carpenter was a major in the United States Air Corps from 1942 to 1945 during World War II. He was elected mayor of Scottsbluff in 1947, but later stepped down due to perceived conflicts with his many businesses in the city. He founded a new village on the other side of the river from Scottsbluff in 1949 and called it Terrytown. He based his new businesses there, selling liquor by the drink before Scottsbluff did, starting a radio station, a drive-in movie theater, and two restaurants. Carpenter changed political affiliation five times, being a delegate to the Republican National Convention in 1956. He was successful in being elected to the state legislature in 1952 and served 22 years as a state senator. During this time, he was also engaged in operating Terry Carpenter, Inc., in Terrytown. He retired in Scottsbluff, Nebraska where he died April 27, 1978. He is buried in Fairview Cemetery in Scottsbluff.
Campaign failures
Carpenter ran for but failed to be elected to the following offices: