Business: Concerning Morgan

Judge Elbert Henry Gary permitted the Saturday Evening Post to print last week an interview concerning the late John Pierpont Morgan (1837-1913), the man who had raised him, a reluctant Illinois lawyer, to head the United States Steel Corp. Said the Judge:

"The people of the United States are reaping today where the late J. Pierpont Morgan sowed."

"If Morgan had not lived and labored it is conceivable that certain early business practices—trade wars, for example—might not now be so universally regarded as errors."

"A Morgan tradition is developing that is wholly false."

"If there...

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