J.p. Morgan :: essays research papers

J.P. Morgan EssayMy life on the square has serve welled the whole country prosper. I give away so more than notes to great causes. I also help the regime with pecuniary crises. I admit that I am very wealthy. But is having money a crime in this capitalist country? Definitely not. I obtained my wealth by hard work and dedication. I never in one case backstabbed or stepped on people to get what I wanted. I hasten helped and continue to help companies that are in need of money. I create financed International Harvester, American Telephone and Telegraph, and General Electric. Without the money I gave these companies, they would never hit existed. In essence, I have helped create great companies much(prenominal) as the above. How is this unethical?Not only do I help companies I help the government whenever possible. After the fright of 1893, I helped raise up railroad companies such as Northern Pacific, Erie, Southern, and the Philadelphia and Reading. The government didnt hav e the capital to aid these companies so I did because it needed to be done. Also, in 1895 I sold my firms $62 million government bond issues. Due to this, I helped end the gold shortage in the U.S. Treasury. In 1907 I loaned money to banks to keep them from closing after the panic of 1907. As shown above, I have aided the government several propagation out of the generosity that is in my heart.Helping the government and companies is good, but I wanted to give back to society. In order to do this, I decided to donate and help found public associations. I founded the project Hospital in New York City and gave a large aggregate of money to the Harvard Medical School. In addition, as an ardent Episcopalian, I gave a large portion of funds to build the Cathedral of Saint toilette the Divine in New York City.