Word: pierpont
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Dates: during 1920-1929
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There was a great folding of silk pajamas and brushing of well cut suits in Paris last week. John Pierpont Morgan, mightiest of U. S. bankers, was leaving town. The nations which fought the World War had agreed at last how the staggering costs and damages were to be paid by the loser Germany. Mr. Morgan's financial prestige and wisdom were no longer required. He gave power-of-attorney to his partner and alternate, Thomas W. Lamont, and boarded the Mauretania for home...
...chart of the Morgan family of financiers, with photographs, was both arresting and instructive among the exhibits. Beginning with Joseph Morgan (born 1790), who gained control of a Massachusetts stage-coach system, to the present John Pierpont Morgan and his children, who control railroad, steamship, telephone, telegraph and wireless systems, the family has shown a consistent "inheritance of capacity for organization and financial leadership...
Following the time trials held yesterday evening, both crews were granted a lay-off today and went for a four-hour cruise on the Sound in J. Pierpont Morgan's palatial steam yacht, "Corsair". Present plans here in the Crimson training quarters call for two time trials this week in an attempt to cut down on the 21 minute 27 second pace set yesterday over the four mile course...
...John Pierpont Morgan, yachtsman, has made his last voyage on his huge, black-hulled Corsair. Last week the Corsair beat United Cigar Store Tycoon George J. Whalen's Warrior across the Atlantic. In Manhattan the Corsair's officers announced that she would be turned over to the U. S. Geodetic Survey. Mr. Morgan will not stop yachting. A two-million-dollar successor to the Corsair is being built in Bath...
During that black interlude, and while Dr. Schacht was telling German correspondents that further negotiations would be useless, an entire new plan was drafted in Paris by Chairman Young, working far into every night, consulting frequently with the senior U. S. delegate, J. Pierpont Morgan...