MORGAN, JOHN PIERPONT, an American capitalist; born in Hartford, Conn., April 17, 1837; was educated at the University of Göttingen, Germany. In 1871 was made a partner of the firm of Drexel, Morgan & Co., afterward J. Pierpont Morgan & Co., and was organizer of large railroad and industrial interests. In 1901 he created the largest financial concern known, the United States Steel Corporation, with a stock
JOHN PIERPONT MORGAN, SR.
capital of $1,100,000,000 and a working capital of $200,000,000. Mr. Morgan has been a large donor to charitable and educational institutions. His gifts include $500,000 to the New York Trade Schools; $1,350,000 to the New York Lying-in Hospital; a collection of ancient Greek ornaments valued at $150,000 to the Metropolitan Museum of Art; the finest mineral collection in the United States valued at $200,000 to the Metropolitan Museum of Art; $100,000 to the Young Men's Association of New York City; $1,000,000 to Harvard College for the Medical School; etc. Died in Rome, 1913.
MORGAN, JOHN PIERPONT, an American banker, the son of J. P. Morgan, who died in 1913; born in New York City in 1867, graduated from Harvard University in 1889, and became a member of the firm of J. P. Morgan & Co. He inherited nearly all his father's fortune in 1913, as well as his father's position on many important banking and railroad directorates. In the same year he was elected director of the New York, New Haven and Hartford railroad, but resigned under the fire of criticism directed against his house and its connections with the road. During the World War of 1914-1917 Morgan negotiated large loans in America in the interest of the Allied governments. Mr. Morgan also served as the chief agent for many of the larger enterprises for the relief of Europe, such as the Belgian Relief Fund, etc.
MORGAN, JOHN TYLER, an American lawyer; born in Tennessee, June 20, 1824. He was admitted to the bar in 1845; presidential elector on the Breckenridge ticket in 1860; entered the Confederate service as a private in 1861; promoted for gallant and distinguished services, and in 1863 was commissioned Brigadier-General. He was elected to the United States Senate from Alabama in 1877; re-elected in 1883, 1889, and 1895. He was appointed one of the commissioners to represent the interests of the United States in the Board of Arbitration to which was submitted the Bering Sea dispute. He died June 11, 1907.
MORGAN, LEWIS HENRY, an American archæologist; born in Aurora, N. Y., Nov. 21, 1818. He was graduated at Union College in 1840; became a lawyer at Rochester; served in the State assembly (1861) and senate (1868). His earliest work, "The League of the Iroquois" (1851), was the first account of the organization and government of an Indian tribe; but even more valuable are his "Systems of Consanguinity and Affinity of the Human Family" (1869), and his treatise on "Ancient Society" (1877). He also published "Houses and House-life of the American Aborigines" (1881), and an account of the beaver. He died in Rochester, N. Y., Dec. 17, 1881.
MORGAN CITY, a city of Louisiana, the port of entry of St. Mary parish, about 70 miles W. of New Orleans. It is on the Louisiana and Texas railroad and on the Intercoastal canal. The town has regular steamship connections with important Gulf ports and its sugar, lumber, and truck-gardening industries are important. There is also a considerable trade in fur, hides, and live-stock. The city has a city hall, court house, high school. Elks Home, and a handsome park. The city was the scene of important actions during the Civil War. Pop. (1910) 5,477; (1920) 5,429.
