JP Morgan Jr.

 

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Morgan's role in the economy was perceived as larger than the Federal Government, a belief this political cartoon with a giant Morgan and smaller Uncle Sam illustrates.

ORIGIN
Full Name: John "Jack" Pierpont Morgan, Jr.
Born: September 7, 1867
Died: September 7, 1943
Location: Irvington, New York, U.S.
Father: J.P. Morgan Sr.
Mother: unknown

EDUCATION
Allston, MA: Harvard, 1889

CORPORATE OWNERSHIP
1913: Federal Reserve Banks
1917: Anglo American - Co-founder
JP Morgan Chase & Co.

FEDERAL RESERVE
One of the key signatories to the establishment of the Federal Reserve in 1913.

WAR FINANCIER

1899-1901: Anglo-Boer War
1914 WWI Russia: $12,000,000
1915 WWI France: $50,000,000
1914-1918 WWI Great Britain: All munitions purchased from the United States
WWI Allies: Organized syndicate of 2200 US banks to lend $500,000,000

 
 
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