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

Multiple Choice Questions

1. When do the Morgans purchase 23 Wall Street?
(a) 1909.
(b) 1911.
(c) 1914.
(d) 1912.

2. When does Jack move Pierpont's art collection to the US?
(a) 1915.
(b) 1912.
(c) 1910.
(d) 1919.

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

4. When does England go off the gold standard?
(a) 1933.
(b) 1929.
(c) 1935.
(d) 1931.

5. When is the Richard Whitney and Company suspended from the stock exchange?
(a) October 4, 1938.
(b) January 3, 1938.
(c) March 7, 1938.
(d) December 7, 1938.

6. Where is the command post of the Morgan empire?
(a) New York.
(b) Paris.
(c) London.
(d) Philadelphia.

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

8. When does the stock market hit bottom?
(a) 1932.
(b) 1930.
(c) 1929.
(d) 1935.

9. In the 1920s the economic boom basically occurred in what economic or financial sector?
(a) Stock market.
(b) Oil.
(c) Transportation.
(d) Bond market.

10. Baring Brothers and Junius Morgan were principal holders of what type of securities, which were popular in London in 1890?
(a) Railroad securities.
(b) German securities.
(c) Argentinean securities.
(d) Banking securities.

11. Why does Mussolini invade Ethopia?
(a) To settle a dispute with Ethopia.
(b) To build an East African empire.
(c) To get supplie for Italy.
(d) To help Hitler.

12. After Pierpont dies, who becomes the Morgan's manager on a day-to-day basis?
(a) George Perkins.
(b) John Adams.
(c) Jack Morgan.
(d) Harry Davison.

13. When does Morrow die?
(a) 1929.
(b) 1930.
(c) 1931.
(d) 1932.

14. What Morgan partner has a long business relationship with Mussolini?
(a) Lamont.
(b) Jack.
(c) Grenfell.
(d) Heller.

15. When did the first Morgans arrive in America?
(a) On the Mayflower.
(b) 16 years after the Mayflower.
(c) In 1776.
(d) In 1802.

Short Answer Questions

1. When was the Hawley-Smoot Tariff Act enacted?

2. When does the Morgan partner S. Parker Gilbert die?

3. When does the stock market crash in Japan?

4. After the 1929 crash of the US stock market, where does the investment market switch to?

5. Which Morgan partner is serving as banker to Japan?

(see the answer keys)

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