The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-04-01
LIKE HIS FATHER
Heir TO Fortune Has Charac.
teristics of Elder Morgan.
Was Under Personal InStruc-
ton of His Father.

New York, April John Pierpont
| Morgan, jr., who now becomes head
, of the great banking houses in New
York, Philadelphia, London and Paris
! rs years old. In physique he bears a
very close resemblance to his father.
The few persons who know him init
mately say that intellectually he also
ment and logged determination
No American father ever strove
more earnestly or with such good re-
suits to train his son to succeed him,
to follow in his footsteps, to carry on
the StupendouS work he had establish
ed than did the master financier who
now lies dead in Rome Between
father and son there had been the
closest fellowship and communion ever
since the older Morgan undertook the
training of the son. 1t is significant
that among the scores of financiers
who talked privately or for publica-
ton today about the filling of Nor
ganS place in the financial world, not
one doubted the sons ability or will
ingness bravely to undertake the
staggering task and heroically to exc
Jack" Morgan. as he is called by
his intimates, has never been known
to frivoI, to fritter away his time or
opportunity. And he has very few
intimates 1t is said they can be
counted on the fingers of one hand.
Just who they are nobody today
seemed to know. And yet everybody
consulted seemed to think that he
has 'intimates.'' So closely has he
devoted himself to business ever since
he entered his fathers bank 25 years
ago that he has had little time, if he
had the inclination, to cultivate many
close companions outside of his family
circle.
HE is cold, close mouthed. quiet
man." said a big Wall street banker
today HE has been to my house and
n
to this day L can't claim an intimate
acquaintance with him. Although he
belongs to half a dozen or more of the
clubs to which I belong, 1 don't recall
ever seeing him in more than one or
two of them and then very seldom in
deed. He is a home man. He seems
to prefer the society of his wife and
growing family to that of all other
forms of advertisement after the hard
days work is over
A year after his graduation from
Harvard in 1889, Jack Morgan
Jane Norton Grew, member of
an aristocratic old family of New York.
They have three sons and one daugh- |
ter. The oldest, J. S. Morgan, named |
for the grandfather of his father, is |
now a freshman at Harvard.
Mr.. Morgan's clubs are numerous. |
Among them are the Metropolitan,
Union, University, New York Yacht, |
Racquet. Tennis and Century
in New York. and ST. James and City
Of London. He maintains three resi-
1ences. His town house is at 231 Madi-
son avenue. His country place is on
Oyster Bay, L. l. His London resi-
1ence is at II Grosvenor Square.
Soon after his marriage in 1890 Mr..
father sent him to The firms
banking house in London to serve his.
apprenticeship. There he remained five
years. During his service there he
handled the transaction involving the
payment of the $4,000, 900 this govern
nent paid the foreign owners for the
French Panama canal. In 1905 he was
entrusted by his father with exclusive
for negotiating the great
)ond loan for Russia that the house
made in that year. President Roosevelt
appointed him first secretary of the
special American embassy to the coro-
ration of King Edward. After this
experience in foreign business and
diplomacy he was called back to New
York and became a partner and vice
PRESIDENT in both the Morgan bank
lere and in London.
Although fond of outdoor sports. Mr..
1organ recently complained to a
riend that for the last two or three
ears he had found it virtually i'm
ossible to indulge his taste in that di-
ection. About the only outdoor sport
e now enjoys to any considerable ex- !,
ent is that of yachting and motor
Dating in the waters near his Long
sland home. :,