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

Multiple Choice Questions

1. In 1898 where doesJack Morgan work?
(a) London.
(b) New York.
(c) Philadelphia.
(d) Paris.

2. What does Jack build in his father's memory?
(a) A yacht.
(b) A building in New York.
(c) An art museum.
(d) A library.

3. Who coins the term Money Trust?
(a) Harry Davison.
(b) Pierpont Morgan.
(c) Jack Morgan.
(d) Charles Lindbergh, Sr.

4. When are the Pujo hearings?
(a) 1914.
(b) 1912.
(c) 1907.
(d) 1910.

5. The Glass Steagall Act resulted in the separation of commercial banking from what?
(a) Selling stocks.
(b) Investment banking.
(c) The stock exchange.
(d) Offering loans.

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

7. What location bought by Pierpont becomes the setting for many business and other meetings?
(a) His yacht.
(b) His limousine.
(c) The New York Stock Exchange.
(d) His railroad car.

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

9. The Morgans were instrumental in helping Sosthenes Behn build what?
(a) The Alleghany Corporation.
(b) A company building.
(c) A bridge.
(d) International Telephone and Telegraph.

10. In what year is there a Wall Street panic partially caused by the failure of the Northern Pacific Railroad bonds?
(a) 1873.
(b) 1869.
(c) 1877.
(d) 1871.

11. Pierpont arranges the financing for the purchase of what from France?
(a) Gold.
(b) Bonds.
(c) Art.
(d) The Panama Canal.

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

13. When is the Glass Steagall Act enacted?
(a) 1933.
(b) 1930.
(c) 1929.
(d) 1935.

14. Who opposes Mussolini in the press?
(a) Walter Lippmann.
(b) Charles Dere.
(c) Arthur Pearson.
(d) Jimmy Jones.

15. In what year does the bomb, attributed to anarchists, explode outside Morgan's Wall Street building?
(a) 1920.
(b) 1919.
(c) 1915.
(d) 1925.

Short Answer Questions

1. Where is the Morgan ancestral home?

2. What political office does Dwight Morrow run for and win?

3. The election of President Taft leads to what action in the financial world?

4. What percentage of Morgan business deals with common stock issues in the 1920s?

5. Who is the wealthiest of the Morgan partners?

(see the answer keys)

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