Pierpont, as he preferred to be known, had a varied education due in part to interference by his father, Junius. The son of a successful financier, Junius Spencer Morgan (181390), John Pierpont Morgan was educated in Boston and at the University of Gttingen. Hartford, Hartford, Connecticut, United States, Contributions to the History of Christ Church, Hartford, Middletown Upper Houses, A History of the North Society of Middletown, Connecticut, from 1650 to 1800, Connecticut, Deaths and Burials Index, 1650-1934, Updated Morgan Genealogy: A History of James Morgan, of New London, Connecticut, and His Descendants, from 1607 to 1997. In April 1912 Morgan had a booking on the maiden voyage of White Stars Titanic but was forced to cancel, reportedly because of an illness. Leave a message for others who see this profile. % Junius Spencer Morgan (1867-1932), Class of 1888, and A.M. 1896, was a nephew of the celebrated John Pierpont Morgan, the great financier. [43] At the dinner, Morgan stated:[36], "never do anything to cause evil to be spoken of the American name. Along with amassing immense wealth through the creation of such corporations as U.S. Steel, Morgan led efforts to bail out the U.S. Treasury in 1895 and 1907. In October 1861, Morgan married Amelia Sturges in Manhattan, New York. He started his own private banking company and bought railroads, becoming one of the world's largest steel distributors. During 186471 he was a member of the firm of Dabney, Morgan and Company, and in 1871 he became a partner in the New York City firm of Drexel, Morgan and Company, which soon became the predominant source of U.S. government financing. He married in 1836 Juliet, daughter of John Pierpont, the poet (q. "[48], In 1836, Morgan married Juliet Pierpont (18161884), daughter of John Pierpont (17851866), a poet, lawyer, merchant, and Unitarian minister. [1] Career The ship subsequently sank with great loss of life. Notable with 921 PPP Without Project Account and without ProjectBox, http://www.brainyquote.com/quotes/authors/j/j_p_morgan.html, http://www.netstate.com/states/peop/people/ct_jpm.htm, http://www.pbs.org/wgbh/amex/1900/peopleevents/pande10.html, http://www.adr.com/Home/DisclaimerAndAgreement.aspx, http://www.biography.com/articles/John-Pierpont-Morgan-9414735, Cedar Hill Cemetery, Hartford, Connecticut. Sarah Spencer Morgan (1839-1896) FamilySearch 3I. [60], He contributed money to the Hartford Free Library,[61] his church and to Trinity College, Hartford. This article was most recently revised and updated by, https://www.britannica.com/biography/J-P-Morgan, Constitutional Rights Foundation - J P Morgan, The Panic of 1907 and the Federal Reserve Act, Philanthrophy Roundtable - Biography of J. P. Morgan, NETSTATE - Biography of John Pierpont Morgan, John Pierpont Morgan - Children's Encyclopedia (Ages 8-11), J. Pierpont Morgan - Student Encyclopedia (Ages 11 and up). We are not responsible for any loss that you may incur as a result of relying on these currency conversions. The Dowling Family Tree with over half a million relatives, << /Length 6 0 R /Filter /FlateDecode >> Death 8 Apr 1890 - Hartford, Hartford, Connecticut, USA. J.P. Morgan, in full John Pierpont Morgan, (born April 17, 1837, Hartford, Connecticut, U.S.died March 31, 1913, Rome, Italy), American financier and industrial organizer, one of the worlds foremost financial figures during the two pre-World War I decades. [66][67], At his funeral, the pallbearers were Roland Mather, Levi P. Morton, Anthony Joseph Drexel, Chauncey M. Depew, Cornelius Vanderbilt II, J. C. Rogers, J. Kearney Warren, and Edward John Phelps. contains thousands of pictures and GeneaStars. John Pierpont Morgan : Family tree by Tim DOWLING (tdowling) - Geneanet Junius Spencer Morgan III 1892-1960 - Ancestry The executives eventually agreed to terms in what became known as the Corsair Compact. In 1896, Morgan embarked on consolidations in the electric, steel (creating U.S. Steel, the world's first billion-dollar corporation, in 1901), and agricultural equipment manufacturing industries. pentecostal assemblies of the world ordination; how to start a cna school in illinois Junius Spencer Morgan I. We may earn commission from links on this page, but we only recommend products we back. J.P. Morgan - The Life and Deals of America's Banker: Insight and Analysis into the Founder of Modern Finance and the American . 1981.2:2 . He became a partner in mercantile firms in Hartford, Conn., and in Boston and then (1854) went to London to become a partner of George Peabody. Kindle $10.99 Rate this book The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance Ron Chernow 3.94 10,223 ratings515 reviews The winner of the National Book Award and now considered a classic, The House of Morgan is the most ambitious history ever written about an American banking dynasty. Please enable JavaScript in your browser's settings to use this part of Geni. GLEN COVE, L. I., N.Y., July 3, 1915 (UP) - John Pierpont Morgan, the financier, was shot at his summer home here shortly before 9 o'clock to-day. Junius Spencer Morgan I (April 14, 1813 April 8, 1890) was an American banker and financier, as well as the father of John Pierpont "J.P." Morgan and patriarch to the Morgan banking house. Island That Was Longtime Home to J.P. Morgan Heir Hits Market for $125M Junius Spencer Morgan I was an American banker and financier, as well as the father of John Pierpont "J.P." Morgan and patriarch to the Morgan banking house. [10] [14] During the Great Depression he took heavy financial losses. Let us know if you have suggestions to improve this article (requires login). Samuel Spencer (1670 - 1756), my sixth great grandfather, and Morgan's third great grandfather. Famouskin.com also includes ancestoral charts showing the family relationships of J.P. Morgan to many famous kin. He was generally emotionless, and his friend George Smalley praised his "grave, strong beauty" and his "eyes full of light" but a face that ended in an "immovable jaw. the tall man aboriginal spirit; metadata api request failed: component conversion failed: file_ended; caleb foote sandlot His paternal grandfather, Joseph, was a founder of the Aetna Insurance Company, and his father, Junius, became a partner in a successful dry goods business around the time he married Juliet Pierpont, daughter of noted minister and poet John Pierpont. Morgan. Peabody pledged the bank could continue to use his name and if necessary, some capital. Inscription: Signed in pen and black ink, at lower right, "Junius March 10 / 1902". 1892-1960. We use cookies to make our website work more efficiently, to provide you with more personalised services or advertising to you, and to analyse traffic on our website. J.P. Morgan - Biography, Financier & Wealth - HISTORY Joseph Morgan handed to his son, besides fortune and the capacity for making more money, a genial disposition; he had the qualities of the old-time host in the hotel business, and his . Morgan Genealogy: A History of James Morgan, of New London, Conn. [17], Morgan's initial task was to strengthen and develop the firm's principal American accounts, using his first-hand knowledge of and connections to American business which Peabody, who had moved to London in 1836, lacked. [7], In January 1836, Morgan's father bought him a partnership in the Hartford wholesale dry goods house of Howe Mather & Co., the largest in Hartford. In addition, it was the centrality of his role in averting disaster in 1907 that led the U.S. government to create the Federal Reserve System. [6], Morgan enjoyed collecting expensive and valuable paintings and gems and was passionate about yacht racing. "The Print in the North," May 6 . Morgan's astounding success transformed the financial industry and left behind a powerful legacy. Junius Spencer Morgan Events. The compound offers an impressive range of properties, including an entire 48-acre island with six distinctive residences, a 10-acre adjacent strip with underwater rights, a 28-acre pond, a 250-foot dock and two helicopter spots, according to Bonnie Devendorf, listing agent at Daniel Gale Sothebys International Realty. He returned to the United States in 1857, and entered the banking-firm of Duncan, Sherman and Co., of New York. [2] He grew up in New York and received an education that focused on math and history, as well as German and French, as his father believed there was great value in those subjects. Morgan & Co., House of Morgan) Born: 1813 Died: 1890 d. after carriage accident Gen. Pierpont Hamilton's Great-Grandfather. After being recommended, Greene met with Morgan in 1905, and was hired . John Pierpont Morgan was born in the spring of 1837 to Junius Spencer Morgan and Juliet Pierpont. After the death of his wife Juliet in 1884, he withdrew further from business. (1892 - 1960) Photos: 745. Entering his mid-30s, Morgan was developing into the outsized figure that would dominate the financial world with his enormous frame, piercing eyes and brusque nature. Get a Britannica Premium subscription and gain access to exclusive content. Login to find your connection. Junius Spencer Morgan III was born on March 15, 1892, to Jane Norton Grew and Jack Morgan (1867-1943), who was a banker and the son of J. Pierpont Morgan (1837-1913), the renowned financier. Deceased persons are not concerned by this provision. Connect to the World Family Tree to find out, 1813 - Holyoke, Comt De Hampden, Massachusetts, tats-Unis, Junius MORGAN, Juliet MORGAN, Mary MORGAN, John Pierpont MORGAN, Apr 14 1813 - West Springfield, Massachusetts, Usa, Joseph Morgan, Sarah "sally" Morgan (born Spencer), Apr 14 1813 - West Springfield, Hampshire, Massachusetts, Joseph Morgan III, Sarah Morgan (born Spencer), n Pierpont Morgan Sr., Sarah Spencer Morgan, Junius Spencer Morgan II, Mary Lyman Burns (born Morgan), Juliet Morgan, Juliet Pierpont Morgan, Lucy Goodwin (born Morgan), Mary Smith (born Morgan), Cedar Hill Cemetery, Hartford, Hartford, CT, United States, Cedar Hill Cemetery of Hartford, Connecticut. Morgan personally lobbied Washington on Field's behalf in 1856 and Peabody & Co. subscribed to 10,000 of Field's original capital stock of 350,000 and later advanced Field funds to complete the project when he struggled to find American investors. [6], In April 1833, Alfred Welles offered Morgan a partnership in his firm; he accepted against his father's wishes. Pierpont, as he preferred to be . Early life. Adrian Wooldridge characterized Morgan as America's "greatest banker".[1]. Select from premium Junius Spencer Morgan of the highest quality. Miles Morgan, ancestor to the Morgan family in America, emigrated from Bristol, England to Boston in 1636. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Cloudy and con- tii.upd cool Warren Temp.. Hig-h iO: Low 35. At Princeton University, she came to the attention of Junius Spencer Morgan II, a student at Princeton University and a nephew of John Pierpont Morgan. At the age of 21, he became a soldier in the company of Captain Josiah Kellogg of Suffield. A sprawling 85-acre compound on the North Shore of Long Island, New York, is hitting the market for $125 million Wednesday, Mansion Global has learned. Contents Early life Career Personal life References Early life Morgan was born on April 14, 1813 in Holyoke, Massachusetts. Please try again. He has been a liberal donor to Trinity college, and in 1886 presented to the Hartford orphan asylum a generous contribution, known as the Sarah Morgan fund, in memory of his mother, Mrs. Sarah Spencer Morgan. gnalogique Dowling avec plus d'un demi-million de parents, junius spencer morgan junius spencer morgan. Morgan | Infoplease Junius Spencer Morgan (1813-1890) owned part of a large mercantile house (trading company) in Hartford, advanced to a larger one in Boston, Massachusetts, and . [37] After the fall of Paris in January and the establishment of the Paris Commune, the bonds dropped from 80 points to 55, nearly bankrupting J.S. [42], In 1877, Morgan began a semiretirement, cutting back on his schedule and ceding greater authority to his son. junius spencer morgan great grandchildren. junius spencer morgan great grandchildren 05 Jun. If not, see our friends at Ancestry DNA. While Philadelphia banker Jay Cooke and those Wall Street banks with German ties made a bonanza during the war, Peabody & Co. had modest profits by comparison. Morgan urged Pierpont to withdraw his name from consideration, and he did. Biography and associated logos are trademarks of A+E Networksprotected in the US and other countries around the globe. He took on a prominent role in London society, hosting many social gatherings at his homes on Hyde Park and at Roehampton.[32][33]. Junius Morgan: Founder of a Banking Dynasty by Daniel Alef Junius is 18 degrees from Jennifer Aniston, 15 degrees from Drew Barrymore, 16 degrees from Candice Bergen, 17 degrees from Alexandre Dumas, 18 degrees from Carrie Fisher, 27 degrees from Whitney Houston, 14 degrees from Hayley Mills, 16 degrees from Liza Minnelli, 18 degrees from Lisa Presley, 18 degrees from Kiefer Sutherland, 18 degrees from Bill Veeck and 18 degrees from Brian Nash on our single family tree. More:Gatsby-esque Mansion on Long Island Gets $15M Chopped Off its $100M Asking Price. [23], By 1856, Peabody was confident enough in Morgan to leave him in sole care of the business while Peabody took an extended tour of the United States. He contributed money to Trinity College, Hartford. With his son's aid, Morgan grew his banking house into a trans-Atlantic financial empire that included firms in . 100 J P Morgan Quotes (John Pierpont Morgan Quotes) 1 2 3. THE DISAPPEARING DUCHESS - The New York Times In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Francis Goodwin,[59] chairman of the Hartford Parks Commission. He began his business career in 1829 by entering the employ of Alfred Welles, of Boston, with whom he continued until he became of age.--In July, 1834, he joined the banking-house of Morgan, Ketchum and Co., of New York, but he returned to Hartford about eighteen months later. However, he soon encountered resistance from President Theodore Roosevelt, who sought to leverage the populist tide against the wealthy "robber barons" of Wall Street. Ms. Devendorf declined to confirm Ms. Walker as the owner of the property. [34] It was therefore not as directly reliant on American slavery as its peer banks in London, and took advantage during the American Civil War by aligning with the Union. All property prices are as stated by the listing agent. [40], In 1873, Morgans American presence dramatically increased after the failure of Jay Cookes banking empire. Junius Spencer Morgan (April 14, 1813 April 8, 1890) was an American banker and financier, born at West Springfield (now Holyoke), Massachusetts, USA. Mr. Morgan visited England in 1853, and was offered a partnership in the firm of George Peabody and Co., which he accepted on 1 October, 1854, and ten years later, on the retirement of Mr. Peabody, the firm became J. S. Morgan and Co. Ancestral pedigree chart of J.P. Morgan. Each fall, Junius made an annual trip to the United States for three months, and Pierpont traveled to London each spring. The map below shows the places where the ancestors of the famous person lived. This page was last edited on 25 February 2023, at 17:50. Junius Spencer Morgan - Wikipedia "Go as far as you can see; when you get there, you'll be able to see farther. Junius Spencer Morgan III (1892-1960) - HouseHistree J. S. Morgan began collecting as a student, and was early attracted to Virgil probably through the influence of Dean West. The Dowling Family Tree with over half a million relatives, [35], Still, Morgan was ambitious to place his bank on par with the Rothschilds and Barings Bank. J. P. Morgan shot; thirty-two caliber bullet penetrates groin - UPI JP Morgan Jr. Net Worth (Entrepreneur) The firm did a general banking and brokerage business and had a few foreign clients. Junius Spencer Morgan Photos and Premium High Res Pictures - Getty Images Sarah Spencer Morgan (1893-1949), married Henry B. Gardner (1891-1932) in 1913. Virginia Elections Database Candidate Profile After Junius's move to London, Pierpont was his father's primary source of intelligence on American conditions. "It takes a very special buyer for this trophy property," Ms. Devendorf said, "But its a once-in-a-lifetime opportunity. It was a question of success. All Rights Reserved. Three years later, after purchasing Andrew Carnegies steel company for nearly $500 million, Morgan merged the entities into U.S. Steel, creating the first billion-dollar corporation. Design area: 5 1/4 x 8 7/16 inches (134 x 215 mm) Gift of Mr. John P. Morgan, II. Mother Sarah Sally Spencer Morgan. ; His Body Will Be Interred In Cedar Hill Cemetery, Hartford", https://en.wikipedia.org/w/index.php?title=Junius_Spencer_Morgan&oldid=1141561297, Sarah Spencer Morgan (18391896), who married George Hale Morgan (18401911), Mary Lyman Morgan (18441919), who married Walter Hayes Burns (18381897). In 1886 he reorganized two more major railroads with the aim of stabilizing their financial base. Enter a grandparent's name. Descendants. Under this name the house has grown in strength and influence until at present it ranks among the great banking-houses of the world. The French prepaid the bonds in 1873, following the war, which brought their value up to par and netted Morgan 1,500,000 profit, which propelled J.S. Originally granted by King George I to a private person in 1721 for 200 pounds, according to Ms. Devendorf, it was purchased in 1919 by Junius Spencer Morgan, whose grandfather J. P. Morgan. The Four Horsemen, from "The Apocalypse" - The Metropolitan Museum of Art He began his career in 1857 as an accountant with the New York banking firm of Duncan, Sherman and Company, which was the American representative of the London firm George Peabody and Company. Within a year, the business struggled sufficiently that Joseph Morgan had to bail his son out and dissolve the partnership. One of the most powerful bankers of his era, J.P. (John Pierpont) Morgan (1837-1913) financed railroads and helped organize U.S. Steel, General Electric and other major corporations. The Morgan Memorial served as a prototype for the Pierpont Morgan wing of the Metropolitan Museum of Art. An error has occured while loading the map. *FREE* shipping on qualifying offers. The yearly tax for the property is about $570,000. Family tree of J. P. MORGAN - Geneastar Our editors will review what youve submitted and determine whether to revise the article. Outgoing letters are addressed to her sister, Mary Kirkland Tracy. The . Pedigree: Junius Spencer MORGAN . He was interred at the family lot in Cedar Hill Cemetery in Hartford. Morgan | Encyclopedia.com in Hartford, Connecticut, USA , United States, Died on March 31, 1913 Geneastars | Facebook. In the fall of 1848, Pierpont transferred to the Hartford Public School and then to the Episcopal Academy in Cheshire, Connecticut, (now called Cheshire Academy), boarding with the principal. In that same year he organized, with less subsequent success, the International Mercantile Marine (IMM), an amalgamation of a majority of the transatlantic shipping lines, notably including White Star. Your Privacy Choices: Opt Out of Sale/Targeted Ads, Name: John Pierpont Morgan, Birth Year: 1837, Birth date: April 17, 1837, Birth State: Connecticut, Birth City: Hartford, Birth Country: United States. J.P. Morgan - The Life and Deals of America's Banker: Insight and When Junius Spencer Morgan III was born on 15 March 1892, in London, England, United Kingdom, his father, John Pierpont "Jack" Morgan Jr., was 24 and his mother, Jane Norton Grew, was 23. [20][26] After the panic and near collapse of Peabody & Co., Morgan became a more cautious investor, demanding statements from all correspondent banks, even at the risk of offending them and even from well-respected former colleagues. [5], Soon thereafter, Morgan's father secured him a new partnership at Morris Ketchum's private bank on Wall Street, renamed Morgan Ketchum & Co. Ms. Walker couldnt immediately be reached for comment. Signup for our newsletter to get notified about our next ride. After finishing his education in 1857, Morgan moved to New York to work as a clerk at Duncan, Sherman & Co., the American branch of his father's firm. They married in May 1865 and had four children, with son John Pierpont "Jack" Morgan Jr. going on to take over his father's business many years later. The assets of the House of Morgan fell 40% from $704 million to $425 million. Junius Spencer Morgan III Wikipedia Republished // WIKI 2 lis! In addition to consolidating and controlling several railroads and industries, J.P. Morgan led in resupplying the U.S. Treasurys gold reserve during the depression that followed the panic of 1893 and organized the financial community in averting a financial collapse after the market panic of 1907. The JP Morgan Island Estate! | Top Ten Real Estate Deals When Sarah Spencer Morgan was born on 5 December 1839, in Hartford, Hartford, Connecticut, United States, her father, Junius Spencer Morgan Sr., was 26 and her mother, Juliet Pierpont, was 23. PDF Descendants of John Pierpont Morgan - D.A. Sharpe J P Morgan. His father, Junius Spencer Morgan, was a businessman of note who had high expectations for his son Pierpoint and started training him at a very early age. Belle da Costa Greene (1883-1950) - BlackPast.org [33], In 1864, Morgan's ten-year agreement with Peabody expired. John Pierpont Morgan was an American financier and investment banker during the Gilded Age. Son of Junius Spencer Morgan I and Juliet (Pierpont) Morgan Brother of Sarah Spencer Morgan, Mary Lyman (Morgan) Burns, Junius Spencer Morgan II and Juliet Pierpont Morgan Husband of Amelia (Sturges) Morgan married 7 Oct 1861 in New York, USA Husband of Frances Louise (Tracy) Morgan married 31 May 1865 [location unknown] Descendants J. Pierpont Morgan is arguably the most famous banker in American history, b. They maintained a twice-weekly correspondence for thirty-one years, which Pierpont burned in 1911.[58]. Beebe, Morgan and Co., became one of the largest dry-goods establishments in the United States. Dowling West Springfield, Mass., prospered at investment banking. Title Junius Spencer Morgan at St. Paul's School, Concord NH Junius Spencer Morgan was educated at St. Paul's School, Concord, New Hampshire, before attending Princeton. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. Nous sommes tous His first venture, in 1891, was to arrange the merger of Edison General Electric and Thomson-Houston Electric Company to form General Electric, which became the dominant electrical-equipment manufacturing firm in the United States. Career He began his business career in 1829 by entering the employ of Alfred Welles of Boston. [62], Like his father, Morgan was a strong supporter of the Whig Party. Letter from her son, J.P. Morgan, Jr., dated Oct. 1891 describes the family's new yacht, Corsair. West Springfield, Mass., prospered at investment banking. He began working for his father at a young age and attended the University of Gottingen, a German language school. This page has been accessed 12,698 times. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General . The Morgan Mansion was built in 1897 by Junius Spencer Morgan and Josephine Perry Morgan. Continuing with this request will add an alert to the cemetery page and any new volunteers will . Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. The Virginian-Pilot from Norfolk, Virginia on September 28, 1962 38 archive.org Morgan III. GREAT NEWS! [27][28][29], Despite their own financial difficulties in this period, Peabody and Morgan were chief backers of Cyrus West Field's bedeviled transatlantic cable project throughout. L'arbre Junius Spencer Morgan III - Alchetron, the free social encyclopedia

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