The Washington times., 1933-07-29
By lanes r. Mccarthy

NVT7HEN j.. F1ERRONl MOhOAN, d leOullle
w head on massive body, tilted back his
W chair and laughed during the Senate
banking inquiry at Washington, that laugh went
around the world
The surprising thing to observers and to the
public was that Morgan seemed to be having
good time His good humor, his intense interest
in the swirl of words and events about him,
seemed inconsistent with the popular picture of
an autocratic, austere head of one of the most
powerful financial organizations in the world.
The simple fact is that this unexpected con-
tact with the Government and with individuals
previously outside his ken was a great adventure.
Like all people in the midst of a new adventure
he was excitedly happy. This may seem cryptic
statement, but any real understanding of J. Pier
pont Morgan's everyday existence makes it
readily understandable and logical.
For the first time since he left college days
behind him, Morgan had come out of a clustered
existence to view a world to which he had been
so long a stranger. A glimpse into any one day
in his life In the past twenty years reveals a
strangely montonous consistency.
True enough, he travelled frequently abroad
on ocean liners or on his own magnificent yacht,
the "Corsair;" he enjoyed the intimate friend
ship of kings, Presidents and the Pope at Rome;
he had the confidence of mighty men of finance
and industry. He had-as he still has-fve great
estates, three in Great Britain, two in America.
Yet his world experiences and his association
with perhaps the NEST important people of the
earth has been so regulated and methodized that
very rich child whose every movement is Jeal-
ously watched by vast corps of guardians.
It is paradoxical thing that, although Nor
gan is one of the best-known names on earth, he
is probably the least understood.
For that matter, the entire Morgan dynasty
of today is something of mystery.
The public has heard, of course, about Anne
Morgan, ~. P.'S' sister-white-ha vigorous
Anne, whose life has been devoted quietly but
intensively to numerous charities. But it takes
diligent research to find in newspaper files any
mention at all of Morgan's two other sisters
Louisa, now Mrs. Herbert l.. Satterlee, the most
engaging and powerful leader of New Yorks
smart Beekman Place colony, and Mrs. Morgan
Hamilton, Of No. l Sutton Place, the rival East
River sector of the ultra-fashionables
In the same way, the public knows hardly
anything at all about Morgans children. During
the Senate hearing at Washington the name Of
his eldest son. Junius Spencer Morgan, appeared
in the newspapers, as did his photograph.
But there are other children. There is his
brother, Henry Sturges Morgan whose interest in
yachts is perhaps greater than his interest in the
bulls and bears of Wall Street. There are two
sisters of Junius and Henry-Mrs. Paul G.
(Frances Tracy) Pennoyer, of No. II East 36th
Street and Locust Valley, and Mrs. George Nor
ton (Jane) Nichols, of No. 108 East 37th Street.
The story of this famiy-Morgan's sisters
and children-is an engrossing one. 1t presents
a picture of curiously clashing personalities and
interest, and deserves fuller consideration later.
> If there is any one outstanding characteristic
about the Morgan family today it is reticenceD