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Show Member of Hiird Generation Enters J. P. Morgan Firm NEW YORK, Dec. 31. The entrance of the third generation into the international inter-national banking firm of J. P. Morgan & Co. look place today when Junius Spencer Morgan was admitted as a partner in his father's concern. Two other young men, Elliot Cowdin Bacon, son of Robert Bacon, a former partner, and George Whitney, nephew of Edward Ed-ward F. Whitney, a former partner, were also made partners. Morcan served in the navy in the war, Bacon was in the artillery overseas over-seas and Whitney was aide to Thomas W. Lamonl. adviser to the American commission in Paris. The partners in the Morgan banking firms now number fifteen. J. P. Morgan & Co. announced tonight to-night the formation of the Foreign Commerce Corporation of America,, to l engage in international trade. ! Tho incorporators are ,T. P. Morgan, JH. P. Davison, T. W. Lamnot, E. R. Slettinius and Grayson M. P. Murphy, (who will be president of the corporation. |