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

Multiple Choice Questions

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

2. After the 1929 crash of the US stock market, where does the investment market switch to?
(a) Germany.
(b) England.
(c) Japan.
(d) France.

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

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

5. Who puts England back on the gold standard?
(a) House of Rothschilds.
(b) House of Morgan.
(c) John Keynes.
(d) Winston Churchill.

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

7. Who is the financial wizard of Nazi Germany during the 1930s?
(a) Goring.
(b) Hitler.
(c) Schacht.
(d) Schmidt.

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

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

10. What country was the Dawes Plan devised to help?
(a) Japan.
(b) France.
(c) Germany.
(d) Mexico.

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

12. Who is the wealthiest of the Morgan partners?
(a) Lamont.
(b) Mellon.
(c) Heller.
(d) Brandeis.

13. Who introduces obligatory military service to Germany in the 1930s?
(a) Hitler.
(b) Schmidt.
(c) Goring.
(d) The Secretary of the Army.

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

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

Short Answer Questions

1. When does Morgan loan Italy $100 million?

2. Among the four Morgan partnerships, what is the only common denominator?

3. What depletes England of gold?

4. Where is the Morgan ancestral home?

5. With regard to his philanthropic goals, what does Jack Morgan collect?

(see the answer keys)

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