Show 1 i t Ii r f i Ii U r 1 r f I i I i r JJ If Y 1 I j i m V J 1 OS TO oi I 1 year yea ago aso John Jolin Pierpont ont 1 f j FOUR Morgan wan w an undesirable in the mind of the I American populace Hla Hi great International Mercantile compa 5 M IQ wan Willi laughingstock The wreck of at atthe th the strewed the there of f the lb Industrial ocean Mean Face Fa broker were fIre posting sign l In InWall Wall 11 treet l mut not threw UI banana apple core or State tat stocks tork on the th aide Ide waft The Korean myth mth had been people le thought Today i J Morgan IK III again aln the u of American nuance nl hla h greater than ever r HI IU mis mi mistake take have hav been forgiven or ur forgotten or H have bave proved themselves tin no mistake at t all al but the aiU U of ot prophetic genius Put of oC the depth pUl the financial world out to 0 Morgan to become b om again 11 it Ita ME I He 11 beard Ird Iti It cry ny and led It II wit IUS or of the wlm Credit was wan dead d or dying panic panl wa supplanting proa lOII depositor were on tilt the banka like arm et ot ant ani Individually Impotent but together threaten threatening th ing the very pry foundation of the Ih money world The Th wave wan of the coming del d uge were 1 lipping the Ibe of the Exchange when hen the doon of the ark at atIt t It Wall Willi opened and nd like a mod modern ern nn Noah J P l In bulla bulb and bean and nd lamko I m Ml t two by b two but by b herda and Mocha anil n In that Me refuge the h company rode out the storm tonn Tar TWe inay n be lie certain certain tain malefactor of 0 rat t wealth but no man of oC the Ih many man who owe their financial Ih to Morgan win will claw c him among mone them Ihm Not In Wall alI only but through throughout out ont the If It not far I beyond tIN the a huge husa aIM of relief went want up liP when men mn read I the th heading J I Morgan la on the job jobAn An JI Jara in prosperity forgot tor the th Lord Lor no the twelve tribe of oC finance had been worshiping Idols Idol Hut But when the flood nood rame amE nil flU Y and all hearts beart turned bd to 10 the matr Working hand baad In hand with Incle nd Sam In the of II U you ou Morgan Morsan stopped tO the run on New Nw Turk Yorka bunka baniul and recreated credit A Athe Athe the clock ok of the Hlo k Exchange struck 3 on the afternoon of Oct t 34 14 the Ih entire membership gathered In III the th center of the th and gave three cheer for tor Morgan cheera hera which must mut JMJ THE have warmed armed the old mans mall heart bearl Hla Uta kingdom had come ome back to 10 him J Pierpont I fer Ont Morgan was w born In Hart Hartford ford Conn vent yearn ago allo the lIOn eon of Spencer Morn Morgan and JuUl JuUlI I I rp at Morgan Ioan of at old American on both aldea Id Ilia U father was a banker I and after studying in Boston aton i and 3 J l followed In hla hi fathers t Uter For several veral year n nh I he h waa a clerk In a small mall banking house housein in New N York In 1170 he h began hla h rec record re ord as a the great reat by b rehabilitating the Ih New York tork find and na railroad wrecked ked by war between Ita It and Flak and Hauld In I he attained national fame a all a banker bankI by b floating a government loan loun of or at a time when the th govern governments ments ment credit was not what It 1 i now Shortly after that he ended the Ih cut cutthroat ut throat competition in between bel the th West Ot Shore and New York Central and merged the two line Into the pres present T Tnt ent nt great Van Jet bill system In the Ih meantime he had become a II member of the th firm of Drexel Morgan lon Prom that time hla hi financial career r waa w bril brilliant a a He lie had his hill fin nn finger ger in almost every lr grant roa l or ur urO commercial O reorganisation Ask ak Mor MOI Morgan san gan what he thinks about It II waa 11 a I ry preliminary to every evry big 11 busl bul buln n deal daal His HIli regarded him as the personification atlon lilt f Uie 1 luat HI III friend und and follower expected dp tr every eve thine to which he put hi h hand to tn turn I to gold goldIn I In III 1900 he h performed Ma nut opus the formation of the United 1 State corporation That Thai waa aa fol followed lowed by b the he I of ot tho tM Inter International national Merchant Marine which van lIa to 10 the Atlantic ocean ocen When hn he hp up the White Whit line Ih Great went nt wild Mor gan waa caricatured car tu aa an aD ogre feeding on money and aa an octopus grabbing r everything In t with hi tentacle papers printed plc i turea tu of Windsor W l or guarded from I Morgan Mon by the nUr British army and nd j i the Ih crown under lock and ana key British BrUlah hers added to their dk I rte the tit verb to IM I j emperors and when they th wanted anted money mon sent for fer Morgan I Then the 1111 c of ship shipbuilding building syndicate ate dimmed Morgans tam fame The International Mercantile Marine sailed into a Il storm The Th industrial depression of lit 1103 took the dividend oft off the th common stuck Iok of the t It 11 sold down to 1871 n It But Mr did not lIot nc n I knowledg knowl defeat He n looked look through the clouds lIti to n u sunlit prosperous land He had capitalised tile the future In re regard j gard jard to the steel trust at I he ht ha up already been almost justified The lat last quarterly statement I I of or the th United showed hoed net ott of ot The common once more pays a dividend The Th trust laM haa appropriated from Ita II earnings for lor a great steel city at t Oary Uary Ind has h cumulated accumulated a It surplus of over or orand and has ha cash h In I banks The Mercantile Marine has hlA not nol done so well ell but Mr Morgan la under understood stood 1004 to 10 believe In It 1 still lie U refutes to 10 be Ill called a high financier in the sens In an Interview last lal laU fall Mr Morgan a td I do not remember ber that thai In my whole Ahole life I ever yer willfully any anything N thing thin to anybody at any ty time tI 1 I have never nev knowingly had connection conn with n A fraudulent scheme 1 I have hav tried to do good m this world not harm barm aa my en enemies n would have hae th Ille people believe I 1 have helped men and I have attempted In my bm way to be of nome service V Ire to my m country Mr lr Morgan And plenty of Intervals Intal In hla hIa activity to enjoy other things than tn th tM making of ot money mone He HeIs HeI Is I a many sided man nn an art lArt collector and critic a yachtsman a traveler a philanthropist and an ardent church hunh churchman man He ha h been commodore of ot the New York Yacht club and his hla beautiful la I familiar to the be t of oC every civilised port pori At the triennial conferences of oC the tb l church hurch Mr lr ia I a Ague IW Ill voice voil la I In th churchs councils ne though at one on onIt It waa not strong atron enough nouh even when backed by a tentative donation of II 11 to the diocese dl of Pond Fond du Lac la In which services are held which Mr Morgan does not consider orthodox Of or Mr fro Morn Morgans nn tea than tUn of If any other of or hi hit a bat t few rich men In the count i h II given mom to 10 the thet public h to h HI Rill as a a rale rul are n not nul H iM j 1 M name Jam ia not th most n on Oil the buildings his hi hii hl baa haa erected In 1 I Itt h IP tt OOM to the New N York Tr Ii and In for tor In III N New York To 11 1 I III h hn h given a R l IMI I I school In memory nf his hi rae fai t pencer Morgan lor n The Tb IH I M Mcenter center In the parish rth inus 11 j Georges 0 hurh N w York K I Ith th 11 of ot Mr hi III v vand lAnd and on more mort than Ihan one on o i doubled the th contribution i r n 1 of the congregation con to In the h li h fund Mr lr MorK n I mud much toward Ih he eren r monumental t r s 1 ri i Divine now 0 I hel hl In New 0 York city dl II II money he h hn left nobody i 1 i 1 p 11 father left him 11 has greatly Increased Hem U III or or nr n nAs As AI a member of or the th cup U oi i ithe r the New York Yacht club i Is I one on of the IhO m t boating Art Is I however th Ih fad If tc one on may mil II a 1 fail 1 reduced redU fd to a most mott Hll HI agents ant are s i n world orld for tor treasures of or art urr fOt i tlona particularly fOr r I It pat t lIt lie han u 11 princely i n 1 adjoining hi home on Muli laII New N York and an another m l I v d stocked with lIh i I IJ v n t brushes bruh of old ohl master 01 Ii collection of other l 1 11 1 embroideries and J v i gold and silver work rk IN i ih I h nil He U R e I once on ot i 1 Ii I Church It 11 waR WilS hi p r r I 1 Id I 1 relics It that Involved him III ni th II i iIan Ian government and th h I o 1 was w found that the Ih famous film i oil coll for tor which Mr JIlt li h i hod been stolen f Ih at Aa A soon UK ii v P 11 Mr th I h i i i ion on from whom he h Idt i inot I Inot not It rightful owner he h turned tuned It II to the th hl hop of r A T Metropolitan Art museum In II York k ko ot o which Mr loIr Morgan orR ul t Ill V mu h t to M II ner rIt Mity vh 1 p M Man 1 an at un M co 1 of Nann ii iiI II I III U t in inA I II I IA A W I |