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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. Where does Pierpont die?
(a) Paris.
(b) London.
(c) Rome.
(d) New York.

2. What issue involving Mexico causes a feud between two Morgan partners, Lamont and Morrow?
(a) Foreign debt.
(b) Railroads.
(c) Church property.
(d) Oil.

3. By the winter of 1930 how many banks were failing per month?
(a) More than 200.
(b) More than 250.
(c) More than 100.
(d) More than 50.

4. Where does Jack buy a tavern?
(a) New York.
(b) Massachusetts.
(c) Scotland.
(d) England.

5. Where do the Wall Street firms meet on July 31, 1914, when the European markets close?
(a) At the Federal Reserve.
(b) At the New York Stock Exchange.
(c) At the House of Morgan.
(d) At the offices of the lawyers for the New York Stock Exchange.

6. What did the Young Plan deal with?
(a) Repayment of Mexico's debts.
(b) United States railroads.
(c) German reparation payments.
(d) British loans.

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

8. In the 1924 presidential election what candidate does the House of Morgan have ties with?
(a) Both candidates.
(b) John Davis.
(c) Neither candidate.
(d) Calvin Coolidge.

9. Among the four Morgan partnerships, what is the only common denominator?
(a) The clients of the partnerships.
(b) Pierpont's position as senior partner.
(c) The percentage of profits that Pierpont took from each.
(d) The business of the partnerships.

10. In 1936 there were Congressional hearings on the role of the bankers in what?
(a) Germany.
(b) The Depression.
(c) The 1929 Crash.
(d) World War I.

11. During the 1920s how did corporations generally finance corporate expansion?
(a) Stock issues.
(b) Cash.
(c) Bond issues.
(d) Investment trusts.

12. When does Hitler become chancellor in Germany?
(a) 1932.
(b) 1935.
(c) 1933.
(d) 1930.

13. With regard to his philanthropic goals, what does Jack Morgan collect?
(a) Paintings from the 1700s.
(b) Original manuscripts dated before the 1700s.
(c) Original manuscripts dated before the 1500s.
(d) Paintings from the 1500s.

14. The US credibility in London and European markets depends on the dollar's convertibility into what?
(a) Gold.
(b) British sterling.
(c) Bonds.
(d) Silver.

15. When was the Hawley-Smoot Tariff Act enacted?
(a) 1929.
(b) 1930.
(c) 1935.
(d) 1931.

Short Answer Questions

1. Why does Jack Morgan begin to sell pieces of his collection?

2. Who is refused a seat on the Alleghany board after buying a major block of stock and is an enemy of the Morgans?

3. Whom does Charles Lindbergh marry?

4. Baring Brothers and Junius Morgan were principal holders of what type of securities, which were popular in London in 1890?

5. When does Morrow die?

(see the answer keys)

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