P. Morgan: Who can you Really TrustMorgan is a family name that will forever be synonymous with wealth and power in the north; from Miles Morgan, the first Morgan to step foot in America, to J. P. Morgan, a man who brought the Morgan family name to the prestige at which it stands today. Although the Morgans were most commonly known for their financial banking abilities, they had their hands in almost every part of commerce that they could grasp a hold of; from railroads, to steel, to maritime trade, to agriculture, even electricity and the first telephones. They manipulated the different companies and stock holdings to monopolize the modern industries forming large companies called trusts in order to control all aspects of trade and influence. The Morgans, considerably J. P. Morgan, were known not only for their wealth and authority but for their patronage as well, or what seemed to many as patronage. Although J. P. Morgan benefited from most of his endeavors he was still not quite the man others made him out to be, he saw his actions as the thing to do, even if it did mean lining his pockets at the expense of those around him. Miles Morgan was the first Morgan to set foot on American soil. He started what today is known as the Morgan Family Dynasty. He came to America from England to start a new life for his family, a life that one could be proud of, and he did. He had instilled in himself the ambition to succeed and the business sense to get things rolling, and he passed this mentality on to his descendants in hopes that they one day would take what he had started and bring the Morgan name glory and honor. The Morgans were constantly going stronger generation after generation by adding newer, stronger links to their already powerful chain.(10) These thoughts were passed on until it was given to Junius Morgan, and he used it to turn his life from farming to business. He started the Morgan fortune by amassing a wealth first fr...
