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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. Who is Marriner Stoddard Eccles?
(a) A Senator.
(b) A Morgan partner.
(c) A Utah banker.
(d) A radio priest.

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

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

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

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

Short Answer Questions

1. What did the Young Plan deal with?

2. In 1882 Pierpont moves into the first private residence that had what?

3. When does England go off the gold standard?

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

5. In the 1924 presidential election what candidate does the House of Morgan have ties with?

Short Essay Questions

1. What is the Reconstruction Finance Corporation?

2. At the end of World War I, what is the role of the United States and the Morgans with respect to the world financial markets?

3. After Britain goes off the gold standard in 1919, who wants them back on the gold standard and why?

4. What are holding companies and are the Morgans involved?

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

6. What is the Glass Steagall Act?

7. In 1934 why does Lamont stop supporting Japan?

8. Whom does Jack begin to groom for roles in the House of Morgan?

9. Why are loans made to Latin American countries considered risky?

10. What causes a feud between the two Morgan partners, Morrow and Lamont?

(see the answer keys)

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