Description
Book SynopsisThe House of Morgan personified economic power in the late 19th/early 20th centuries. Carosso constructs an in-depth account of the evolution, operations, and management of the Morgan banks at London, New York, Philadelphia, and Paris, from the time Junius Spencer Morgan left Boston for London to the death of his son, John Pierpont Morgan.
Trade ReviewCarosso was admitted to materials few had ever seen before, and he has packed into his book the raw material…for a dozen historical dissertations and monographs. There are facts and figures in this book that for a century and longer were more jealously guarded than the rituals of Freemasonry or the recipe for Coca-Cola. -- Albro Martin
Table of ContentsIntroduction The Legacy Part 1: Leadership in London, 1854-1890 1. New England Inheritance 2. George Peabody's Partner 3. Preparing for Leadership 4. New Houses Built on Old Foundations 5. Domestic and Foreign Private Banking: Functions and Organization 6. Bankers for the United States and Other Nations, 1870-1890 7. Railroad and Other Corporate Financings, 1870-1890 8. The First Watershed Part 2: New York's Ascendancy, 1890-1913 9. Gold for the United States Treasury: Morgan and American Government Finance in the 1890s 10. Railroad Reorganizer and Industrial Consolidator 11. Increased Strength Abroad: Financing Foreign Governments and Enterprises in the 1890s 12. J. P. Morgan and His Firms in the Early Twentieth Century 13. Preeminence in Corporate Finance 14. World Banker 15. Banker of Last Resort 16. Foreign Loans in the Postpanic Years 17. Domestic Finance, 1908-1913 18. Morgan on Trial Bibliographical Note Notes Index