Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1901-03-21
MoRGAN'S METHODS.
Employs No Private Secretaries and
Attends 20 All Details.

as exceptional as his financial genius
is phenomenal And his business
methods, as far rs his personal acts
are concerned. are rs unlike these OF
the average multtmillonairo as they
can possibly be" says the New York
World.
"Seltroliauce IS the keynote OF
everything that Mr. Morgan does.
This habit explains in a measure
his absolute domination OF everything
that he connects himself With. No
duty is too small or trivial in conuee.
ton With one of his great deals 10 DO
uudeserVing OF his own personal at.
toutiou.
This system gives him compre-
henSiye know ledge of any transaction
he undertakes which makes him its
complete master, Other men interest
ed In the same transaction are forced
to bow 10 his superior and more com.
pleto knowledge, The average Wall
street magnate trusts TO secretaries,
assistant secretaries ana clerks TO do
what Mr., Morgan will trust 10 no one
but himself
"Ho carries his systom down
to an unexpected point Anyone may
approach him In the Offices OF j. u.
Morgan 4 Co, There is not even an
Office boy at the door OF HIS room to
take the cards or messages of visitors.
lie works pt his desk within sight OF
his whole establishment.
at would seem that this plan would
expose man OF MIR, Morgan's great
famo and heavy responsibilities TO all
kinds of Interruptions, But the re-
verse IA the case.
mo Wall street man goes near MIR.
Morgan unless he has made pre-.
vious appointment No crank or idle
talkor or troublesome person has ever
} attempted twice 90 break In upon the
time OF the great fnancicr Mr. Nor
gan has habit of supprossing unwel
come or bothorsomo visitors In way
that the recipient never forgots. In
these moments MIR, Morgan Is not the
pcrsonncation of gentlenoss nor tho
exponent OF placid, courtly English.
'He is aggressive, emphatic and
seemingly rough In his manner at all
. times, That Is his normal state He
does not moan TO offend anyone. But
whom he really wishes to let some per.
son know that his presence is undesir
able he does II with drcctness and
force that leave no doubt OF his inton
tions.
This characteristic has made Mr.
, Morgan the chief figure of many
+. stories told in the 0ananCial district.
; Many of them 90 the great flnancier
) injustice, He simply protects himself
against mon who have no legitimate
reason for intruding upon his time.
Occasionally some man with good
reasons for seeing Mr.. Morgan " un.
Intentionally visited with the treat
mcnt accorded the others, and he Ia
, pretty certain TO spread an account OF
, the great tnancior's behavior which
, places Mr.. Morgan I'm an unfayorable
light.
He has been accused Of lack OF
consideration for the feelings OF
others In individual cases this may
be true. but in broad sense II ia un.
true, The best proof Of this is his
stupcndous gifts 10 practical charities,
all made without ostentatlon,
"Ho takes up n philanthropic matter
= with the same vim and energy and on
the Same comprehensive scale that
I characterize his operations in the n.
:. nancial world. He dsposos of thous-
3 sands whore other rich men give hun.
+ drCds.
@ HE reaches his ONCE every morn.
@ Ing 0t .: so, just MS the ticker ohIrrups
i Good morning. and he remains down.
=. town until p. m. He works like a
!. steam engine every minute OF the bus
& mess day.
o "The firm of j. T. Morgan & Co has
o many partners and high.salarIod en-.
a poyoB but not one OF them ia in The
full confidence of Mr.. Morgan. They,
4 of course, know in a general way OF
a his schemes, but the details Of his
q plans he keeps to himself This does
o away with the danger Of leaks
&, III big stock Spectator kneg
r what Mr.. Morgan had in mind in these
a days Of stupcndous details and reot.
e ganization lac could make millions In
:. q week
/. Charles H. Coster. his late partner
o assumed many OF the responsibilities
@ which since his death have fallen up
@ on the shoulders Of Mr. Morgan, The
n business training of MIR Coster was
!. received at the hands Of Mr. Morgan,
h and he was about the only man that
the latter fully trusted
In his social life uptown Mr.. Nor.
gan is quite a different man from the
Morgan OF Wall street. He ~ a do.
b. lightfu host and an interesting talker.
T. Tho brusqueness which charaeterlzes
l., his manner downtown is never seen
S In his home. Oh his yacht or in MS
a club, the Union"