Super Hero of the Twentieth Century
During the reconstruction period, America lacked direction in rebuilding
the nation. Without proper financial guidance, companies and industries were unable to
compete at high market levels between other countries across the world. Junius Spencer
Morgan was a man who focused on building financial structures and to obtain all possible
financial power in the world. His guidance and achievements helped revolutionize
financial crises into a dominant world financial leader. Morgan impacted the
American culture by introducing a new method of managing business. Many business
men took his guidance into consideration and established corporations that helped the
country to become prosperous today.
Unlike most American families, Morgan was born into a wealthy family.
The wealthy family his father established made Morgans life easier than most American
boys. He was born on the 17th of April, 1837 in Hartford, Connecticut " J.S. Morgan &
Co. " ( Morgan ).
His father had established a banking firm that arranged British
investments in the United States. He exposed his son into the business world at a young
age, which made him very knowledgeable and successful in his adult life. His mother,
Juliet Spencer Morgan, had an unusual relationship with her son. The fortune had turned
his mother into self centered woman, she completely avoided her son as much as possible
( Strous Jean. Morgan34 ).The relationship never was able to build because of her
cantankerous behavior and the put downs she afflicted on her son through out his child
Morgans marriages never lasted due to his first wife's tragedy death.
His first wife, Amelia Sturges Morgan, opened new door for Morgan. In only four
months after their marriage, Amelia came down with tuberculoses and died ( Morgan,
American Financier ). In a few years he married again to...