J.P. Morgan Trivia Game

Once when the U.S. Treasury seemed to be on the edge of collapse - it didn't have enough gold in reserve to meet its bills - J.P. Morgan loaned the nation $62 million.

By the beginning years of the new century, the House of Morgan (the name of his bank) could be found in almost every important field of American business. It controlled railroads, shipping, the manufacture of agricultural tools, telephones, telegraphs, electrical power, insurance, and city transportation. Remember, it was J.P. Morgan who bought Carnegie's steel company; then he bought huge metal ore reserves from Jon D. Rockefeller and founded the U.S. Steel Corporation.

Once, when he disagreed with an answer in his arithmetic book, he claimed he was right and the book was wrong. Turned out he was right. He had caught the book in a misprint.

Though J.P. Morgan was imposing, when he gave his word, he kept it.

Morgan had one of the world's great private art collections. Some magnificent art treasures hung on the library's walls. A Gutenberg Bible and Thoreau's manuscripts sat on the shelves.

Remember, it was J.P. Morgan who bought Carnegie's steel company; then he bought huge metal ore reserves from Jon D. Rockefeller and founded the U.S. Steel Corporation. It was the nation's first billion -dollar corporation.

The correct answer is Rich Uncle Pennybags. Rich Uncle Pennybags, also known as Mr. Monopoly, is a character from the popular board game Monopoly. He is depicted as a wealthy businessman wearing a top hat, monocle, and formal attire, similar to the appearance of J.P. Morgan, a prominent American financier and banker from the early 20th century. The similarity in their appearance suggests that the character of Rich Uncle Pennybags was intentionally designed to resemble J.P. Morgan.

There are so many myths about John Pierpont Morgan that we need to get a few things straight. He was not the richest man in America. People just thought he was. Rockefeller and Carnegie were richer.

J.P. Morgan was not like Andrew Carnegie. He did not start off as a poor boy and work his way to riches. He started at the top. His father was an international banker.

Morgan was a banker - a money man - and he had the ability to take a confused situation and make it orderly. In the years after the Civil War, the American world of business was very disorderly. J.P. Morgan helped make it efficient.

Morgan called the nation's leading financiers to a meeting to a meeting in his own marble library building. He asked them to lend money to save the trust. Then he locked the library's doors. He sat and played solitaire while the bankers paced and argued.

J.P. Morgan's bank business was known as the House of Morgan. This name refers to the banking empire that J.P. Morgan and his family built, which became one of the most powerful and influential financial institutions in the United States. The House of Morgan played a significant role in shaping the American economy, providing financial services to corporations, governments, and individuals. This name is synonymous with J.P. Morgan's legacy in the banking industry.

When the trustees of Harvard Medical School needed money to expand their school, they went to several rich men. Rockefeller, with his careful methodical mind, told them it would take six months to study their plans. Morgan listened to the Harvard representatives, looked at his watch - he was busy that day - pointed to their plans, and said, "I will build that, and that, and that. Good Morning, gentlemen." And he led them to the door.

Morgan's mind was very orderly. He got a weekly allowance and he kept a record of every penny he spent. When he grew up, he did the same thing. Rockefeller brought order to the oil business and his precise methods led him to lead the oil industry.