Show MORGAN finances grown crown prince keeps out of limelight business and family absorb interest Inter Inte cut reut of J ponta ponts son on whose shoulders fathers responsibilities bili ties are being placed now york J pierpont pont morgan jr who came into national kroml nonce recently by being elected a di it rector of the national city bank tho the greatest financial institution in amor amer lea Is known to fits ha As jack morgan arid and does not fancy the limelight in many respects chiti crown prince of finance ii BB as james J hill recently said of him a chip oft off tho the old block in appearance lie ho to la the imago image of ills hla father 20 years ago 1 I 1 havo have never been interviewed about myself and I 1 do not over intend to bo be mr morgan said bald the other day the emphasis he plated placed upon ills hla words bore d a close resemblance to a prominent characteristic of another morgan for five years yeara young morgan has been in training for the industrial branch of hla his fathers fat tiers great enterprises under the tutelage of no losa less an authority than james J hill thu tho young man who to Is n director in the northern pacific railway hallway company has studied railway finance with the same saine system that lie he wont about tho the study of banking upon ills his graduation from harvard university in 1899 young morgan was born in 1867 in now new york city since tits ills graduation from harvard lie ho has kept up a personal interest in tho the institution and ho he Is now one of tho lie overseers of tho the university lie ile began ills his business career in doston boston where for two years he worked as clerk in the banking house of peabody company ile he then came to now new york and after a short time spent in his fat fathers tiers office he was admitted to a partnership in tho the firm of J pierpont pont morgan company lie he worked for six or seven 4 J ald apont morgan jr years and so diligently did he keep As nose to the grindstone that lettla or nothing was waa heard of him film by the outside world young morgan next went to london where lie he was given a membership in the firm established by hla his grand grandfather fattier as morgan company ile he remained there for five years al terna ting between london and parla paris in the latter city in the affair the house housa of morgan AI organ harris company in 1904 he was permitted by his father to return to new york city and prepare for the responsibilities which would be his when his father shall decide lie he Is capable of hearing bearing the burden mr air morgan sr has planned to retire from the activities of business life just as rapidly as lie he can unload the responsibility upon a younger and sturdier pair of morgan shoulders young morgan Is a family man with ilia hla wife formerly miss jane norton grew and their four children lie ho lives in modest style at madison avenue occupying a house adjoining that of ills his father ills his chief recreation Is sailing a boat weekends week eek ends on long island sound ills 30 footer the ibis Is ono one of the swiftest craft of the new york yacht clu club fleet and Is all the young man has to tc ettfer in the way of ostentatious display on the water his fat fathers tiers lovo love for literature and art the son has inherited but so far lie has been so absorbed in fitting h himself I 1 m r elf tor for the responsibilities the rather father is about to unload upon him that lie he has had no chance to gratify these tastes and longings |