The House of Morgan Test | Mid-Book Test - Medium

Ron Chernow
This set of Lesson Plans consists of approximately 115 pages of tests, essay questions, lessons, and other teaching materials.
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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. How much money are Morgan partners rumored to make in a year?
(a) $500,000.
(b) $2 million.
(c) $100,000.
(d) $1 million.

2. President Hoover believes that there was a Wall Street conspiracy against him that is engaging in what?
(a) Selling loans.
(b) Selling secrets.
(c) Long selling.
(d) Short selling.

3. In 1923 Morgan forges ties with what leading Japanese bank?
(a) Japan National Bank.
(b) House of Mitsui.
(c) Bank of Tokyo.
(d) House of Fujimoto.

4. The 1935 Wheeler subcommittee hearings involve banker involvement in what industry?
(a) Electric utilities.
(b) Communications.
(c) Railroads.
(d) Oil.

5. Who is kidnapped five months after Morrow dies?
(a) Morrow's son.
(b) Lindbergh's son.
(c) Calles' son.
(d) Lamont's son.

Short Answer Questions

1. By the winter of 1930 how many banks were failing per month?

2. Pierpont arranges the financing for the purchase of what from France?

3. Who is Charles E. Coughlin?

4. When did the first Morgans arrive in America?

5. In 1898 where doesJack Morgan work?

Short Essay Questions

1. What major merger occurrs as a result of the big dive in the stock and commodity markets in October 1939?

2. What does the US credibility in London and European markets depend on?

3. What is the turning point for when the House of Morgan surpasses the House of Rothschilds?

4. What are the Pujo hearings and what do they conclude?

5. What financial deal makes Junius Morgan a force in the banking world?

6. At the end of World War I, what is the role of the United States and the Morgans with respect to the world financial markets?

7. Why does Father Charles E. Coughlin, a radio priest of the time, attack the banking industry?

8. What is the Glass Steagall Act?

9. Whom does Jack begin to groom for roles in the House of Morgan?

10. How does the Morgan firm restructure as a result of the Glass Steagall Act?

(see the answer keys)

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