Money Trust Investigation
Testimony
By: U.S. House of Representatives
Date: December 19, 1912
Source: U.S. House Committee on Banking and Currency. Money Trust Investigation: Investigation of Financial and Monetary Conditions in the United States, Under House Resolutions Nos. 429 and 504, Before a Subcommittee of the Committee on Banking and Currency. 62nd Cong., 3rd sess., 1912–13, vol. 15, pp. 1019–1024; 1049–1052.
About the Author: J. Pierpont Morgan (1837–1913) headed the banking firm J.P. Morgan and Company from 1890 until his death. The most powerful figure in American finance in the early twentieth century, Morgan employed his dominating personality and exceptional business acumen to bring financial order to a rapidly expanding economy. Morgan stood at the very center of that order, gaining a degree of personal control over the American economy that many found unsettling.
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1910's Business and the Economy Primary Sources
The 1910's: Primary Sources
