PBS Vid P8&9

What was J.P. Morgan's net profit compared to the country's largest commercial bank?

• Five times as much

• Twice as much

• Three times as much

• Equal

What opportunity did the economic spiral offer Morgan?

• To buy a new bank

• To control the railroad industry

• To invest in gold

• To start a new business

What is Morgan a principal architect of?

• A public traded corporation

• A private bank

• A new government policy

• A European investment firm

What happened in 1895 concerning the gold standard?

• It went wrong

• It was strengthened

• It was abolished

• It was ignored

What did J.P. Morgan decide to do in 1895?

• Take direct action

• Sell his holdings

• Move to Europe

• Start a new bank

What did Morgan hitch to go to Washington?

• His special private railroad car

• A horse carriage

• A luxury yacht

• A private jet

What did Morgan say about the fight for sound currency?

• It is impossible to overestimate

• It is not important

• It is a minor issue

• It is already won

What did President Cleveland refuse to do when Morgan arrived in Washington?

• See him

• Sign a treaty

• Raise taxes

• Lower tariffs

What did Morgan have that allowed for an emergency loan of gold?

• An obscure Civil War-era law

• A new banking policy

• A European treaty

• A private agreement

What did Cleveland reluctantly sign on to?

• Morgan's plan

• A new tax law

• A trade agreement

• A military alliance