The House of Morgan - Part 1 Chapter 4 Corsair Summary & Analysis

Ron Chernow
This Study Guide consists of approximately 54 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of The House of Morgan.
This section contains 481 words
(approx. 2 pages at 400 words per page)
Buy The House of Morgan Study Guide

Part 1 Chapter 4 Corsair Summary and Analysis

In 1882, Pierpont and Fanny move to Madison and East Thirty-Sixth Street into the first private residence with electricity. Drexel, Morgan is the financier for Thomas Edison's company, Edison Electric Illuminating Company. In spite of their wealth, Fanny and Pierpont shun the extravagant life styles of the Astors and Vanderbilts. Pierpont is an active philanthropist who shuns social welfare agencies. He prefers to establish institutions like Groton and the Metropolitan Museum of Art. In spite of their differences and Pierpont's infidelities, Fanny and Pierpont devote Sundays to religion and Saint George's Church.

Pierpont buys a yacht named the Corsair which becomes the setting for many business and other meetings. The railroads continue their battles with one another and Pierpont acts as arbiter between many of them through trips on his yacht. The nation suffers from overbuilding of railroads...

(read more from the Part 1 Chapter 4 Corsair Summary)

This section contains 481 words
(approx. 2 pages at 400 words per page)
Buy The House of Morgan Study Guide
Copyrights
BookRags
The House of Morgan from BookRags. (c)2016 BookRags, Inc. All rights reserved.
Follow Us on Facebook