It is shown that below the threshold of pair creation, a consistent qu
antum mechanical interpretation of relativistic spin-0 and spin-1 part
icles (both massive and massless) is possible based on the Hamiltonian
-Schrodinger form of the first-order Kemmer equation together with a f
irst-class constraint. The crucial element is the identification of a
conserved four-vector current associated with the equation of motion,
whose time component is proportional to the energy density which is co
nstrained to be positive definite for all solutions. Consequently, the
antiparticles must be interpreted as positive-energy states traveling
backward in time. This also makes it possible to define hermitian pos
ition operators with localized eigensolutions (delta-functions) as wel
l as Bohmian trajectories for bosons. The exact theory is obtained by
''second quantization'' and is mathematically completely equivalent to
conventional quantum field theory. The classical field emerges in the
high mean number limit of coherent states of the exact theory. The fo
rmalism provides a new basis for computing tunneling times for photons
and chaotic phenomena in optics.