Beginning of Essay
“No, sir, the first thing is character. Before money or anything else. Money cannot buy it… Because a man I do not trust could not get money from me on all the bonds in Christendom” (Sinclair XIII). With that line, John Pierpont Morgan ended his career in a ....

Middle of Essay
.... successful ventures of the time. In his lifetime, J.P. Morgan was certainly a captain of industry who saved the American financial system and numerous companies while overseeing one of the biggest ventures of the time. During his career, Morgan bailed out America's financial system several times. When Congress adjourned in 1877 without appropriating money to pay soldiers. Morgan came up with the $550,000-a-month payroll and set up a disbursement system (Gross 64). In 1895 when the U.S. gold reserves fell dangerously low, he signed a contract with President Grover Cleveland to procure $50 million in gold from Europe in a private-bond sale, saving t ....