The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1913-03-31
]. P. MORGAN DIES
IN ROME At NOON
(Contirzued from Page One,

II Is estimated L0dL over $OUD,UUU,-
900, belonging to outside corporations,
was his to do with as he saw fit. This
statement Ia made on the authority of
Wall Street statisticians, who declare
that he could with wave of his hand,
start or stop the buying Of any of the
products used by the corporations
which hedominated.
During the investigation of the Stan
ley Congressional committee it de-
veIoped that the entire cash balance
of the United States Steel corporation,
amounting to something over s7O,000,-
900, was on deposit with J. p Morgan
and company.
The vast financial power of this
man can be judged whent it is remem.
bered that his was a private bank and
not subject in any way to national
state or local supervision or any con
sstitutional authority whatsoever.
AS great as this steel deposit was it
represented but modicum of the
money, belonging to someone elese,
that Morgan held to do with according
ito his pleasure.
Insisted on Ruling.
Wall Street authorities who were
well acquainted with Morgan, say that
bhe would seldom go upon the director
ate OF a company or corporation which
he could not dominate. The result was
that the various railroad corporations
and innumerable other companies who
had him on their directorate, deposited
their money at his bank.
ic hot hn fafa NJ
these cash deposits will exceed $780,.
100000 and this with the Steel Trust S
deposits carried the balance beyond
the $500, 100000 mark
It was this stupendous sum, pri
waite working capital Of other peoples
money, which enabled Morgan to reign
as the Gar of the money world at
least in America, and made him one
of the commanding figures in Europ
can fianace.
Director In Following.
Mr.. Morgan was a director in 81
companies. These companies were:
Aetna Insurance Co.
Boston and Maine Railroad Co.
Carthage and Adirondack Railroad
Go.
Carthage and Watertown and Sack
ett's Harbor Railroad Co.
Central New England Railroad Co.
City and County Contract Co.
Cleveland, Cincinnati, Chicago ant
st. Louis Railway Co.
Columbus, Hope and Greensbure
Railroad Co.
Dunkirk, Allegheny Valley and Pitts
burgh Railroad Co.
Ellenville and Kingston Railroad Co
First National Bank of New York.
Firse Security Co., of the City o.
New York
Fort Wayne, Cincinnati and Louis
willie Railroad Co.
The Fulton Chain Railway Co.
The Fulton Navigation Co.
General Electric Co.
Geneva, Corning and Southern Rail
road Co.
Harlem River and Port Chester
Railroad Co.
Hartford and Connecticut Western
Railroad Co.
Jersey City and Bayonne Railroad
Go.
Madison Square Garden Co.
Main Central Railroad Co.
Metropolitan Opera and Real Estat,
Co
Mexican Telegraph Co.
Michigan Central Railroad Co.
Millzrook Co.
Mohawk and Malone Railroad Co.
New England Navigation Co
New Jersey Junction Railroad Co.
New Jersey Shore Line Railroad
New York and Harlem Railroad Co
; New York and Northern Railroad
GO.
New York and Northern Railwa,
20.
New York and Ottawa Railroad CO
New York and Putnam Railroad.
New York Central and Hundsol
River Railroad Co.
: New York, Chicago and st. Loui
Railroad Co. nickel Plate.l
New York, New Haven and Hartfor,
Railroad Co.
New York. Ontario and Western
New York State Realty and Term
tnal Co.
New York, Westchester and Bostol
Railway Co.
Newport Trust Co.
Niagara Falls Branch Railroad Co.
Ontario. Carbonate and Scranton
Railway Co.
Pittsburgh and Lake Erie Railroa
Go.
Port Jervis, Monticello and Summit
Tille Railroad Co.
Poughkeepsie Bridge Co.
The Pullman Co.
Raquette Lake Railway Co.
Rhode Island Co, electric ine.l
Rutland Railroad Co.
st. Lawrence and Adirondacks Raj
sway Co.
Syracuse, Geneva and Corning Raj
sway Co.
WHAT MEN WILL
illrAn 1llin nnnltll