J.P. Morgan: The Financier

Name: J.P. Morgan: The Financier
Uploaded: 2018-01-24T16:02:18Z
Duration: P69S
Description: John Pierpont Morgan was an American financier and industrial organizer during the Gilded Age. In 1885, America was years into a depression, and gold reserves were down more than 50%. Morgan feared that if the U.S. dollar was devalued, his fortune would be in jeopardy. So he urged President Cleveland to consider a plan — one that eventually led to the rebound of the nation’s gold reserves.

Clip: Season 30 | 1m 9s

John Pierpont Morgan was an American financier and industrial organizer during the Gilded Age. In 1885, America was years into a depression, and gold reserves were down more than 50%. Morgan feared that if the U.S. dollar was devalued, his fortune would be in jeopardy. So he urged President Cleveland to consider a plan — one that eventually led to the rebound of the nation’s gold reserves.

Aired: 02/06/18

Rating: NR