BORN IN THE PURPLE.

Star (Christchurch), Issue 9954, 16 September 1910, Page 2

BORN IN THE PURPLE.

"The throne-room of the money powers'' is at the office of the- house of Morgan, the founder of which. Junius Morgan, and his greater son, John Piorpont, are now worthily represented by J. P. Morgan, Jan., according to an article in the " Munsoy" on i; Successful Sons of Rich Men."'" This third member of the Morgan dynasty v.-as born to the financial purple if ever anyone was. " There was enough gold behind him to dazzle the sight of a dozen children. Yet mixed with that gold was gotxl sense.'' In Fact, he maintains the best Morgan traditions, and when one sees him at work ho is typical of all the great Morgans. " lie has the Morgan eye that searches, the Morgan alertness and the Morgan nervousness of movement. He is no ordinary man. If a. messenger-hoy should hand him a paper, ho will read it at u glance and give an order in a monosyllable. With a look or a. nod he directs.''

Mr J. 1'- Morgan, jun., is as unconventional as can be. He leans casually against desk* at solemn meetings of financiers, or walks around with hands dug deep into his pockets. And it is a case of " tel maitre, tel valet," for this apparent carelessness is part of the life of the Morgan office. ••Perhaps vio"other area" business institution in this country tolerates so much informality. You can see the humblest bookkeepers smoking at their work ; men come and go without restraint; th-M-e. i;- none of the tension so often found in large financial concerns." But in the panic of 1907 the head of this careless house of Morgan jumped into the breach il when the bronze doors of the Knickerbocker Trust Company closed with a clang that was heard all around the nation, and J.P.M. the elder saved the situation, assisted so a l,lv by J.P.M. tho younger that the father 'awarded "a decoration of the li'i.i-host order of financial merit " to the «on by saving, " Well, Jack showed the real siulf." "•