The Legacy Of J. P. Morgan During The Gilded Age

One man used his power and influence to save the United states in several times of economic crisis. James Pierpont Morgan, also known as J.P.Morgan, helped prevent many economic crises because of the void of a U.S central bank and was one of the leading figures during the Gilded Age. James Pierpont Morgan would go on to reach substantial goals. He rebuilt failing companies to be successful investments, he was a god to the financial industry, and he also had a big nose. His legacy can be easily spotted today, like his nose in drawings. The man had the biggest yacht of his time and one of the biggest personal art collections of the time. A kind and powerful person- one who saved the lives of many in america just by being a wise investor and a powerful leader. J.P.Morgan saved the economy several times and was one of if not the most important person during the Gilded Age stabilizing the economy in

His grandfather, Joseph, was one of the founders of the ‘Aetna Insurance Company’ and his father, Junius, was a partner in a successful business. When his father married was around the time he became a partner to the dry good business. His father married Juliet Pierpont, daughter of a minister and poet named John Pierpont. J.P.Morgan died in a hotel in Italy on the 31st of March, 1913. Morgan lived through the panic of 1837, war with mexico, the treaty saying california was a free state, the dred scott supreme court decision, free soilers banning slavery in multiple states, the civil war, Lincoln's assassination, the great depression, people who previously would have been slaves became part of the government, and even the wright brothers first flight. James Pierpont Morgan lived a life full of new discoveries and revolution, immigration and new freedom, corperation and business. His life was a life that existed in a time of extraordinary