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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

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

2. Who was Ferdinand Pecora?
(a) A friend of President Hoover's.
(b) A senator.
(c) A Morgan partner.
(d) A lawyer who headed up an investigation of Wall Street.

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

4. What company is the forerunner of what eventually becomes J.P. Morgan and Company?
(a) Drexel, Morgan, and Company.
(b) J.S. Morgan and Company.
(c) Duncan, Sherman, and Company.
(d) George Peabody and Company.

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

Short Answer Questions

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

2. Who opposes Mussolini in the press?

3. President Hoover believes that there was a Wall Street conspiracy against him that is engaging in what?

4. Where does Jack buy a tavern?

5. Dwight Morrow is appointed Ambassador to what country by President Coolidge?

Short Essay Questions

1. Why does Father Charles E. Coughlin, a radio priest of the time, attack the banking industry?

2. What is the Reconstruction Finance Corporation?

3. When World War I begins, what are the positions of the US government and the House of Morgan?

4. In 1936 what causes the Congressional hearings into the bankers' role in World War I?

5. In 1924 what are the House of Morgan ties with the candidates?

6. By the year 1900, Morgan has come to control most of what transportation industry and why?

7. What is the Glass Steagall Act?

8. What major merger occurrs as a result of the big dive in the stock and commodity markets in October 1939?

9. What financial deal makes Junius Morgan a force in the banking world?

10. What is the Hawley-Smoot Tariff Act?

(see the answer keys)

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