Henry Sturgis Morgan
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Henry Sturgis Morgan
Henry Sturgis Morgan Sr. (October 24, 1900 – February 8, 1982) was an American banker, known for being the co-founder of Morgan Stanley and the president and chairman of the Morgan Library & Museum. Early life and education Morgan was born on October 24, 1900, in London, United Kingdom to John Pierpont Morgan Jr. (1867–1943) and Jane Norton Morgan ( née Grew) (d. 1925). His father was the son of John Pierpont Morgan Sr. (1837–1913) and his mother was the daughter of Boston banker and mill owner Henry Sturgis Grew (1833–1910). He was educated at Groton School and graduated from Harvard University in 1923. Career In 1923, the same year he graduated from Harvard, he joined J.P. Morgan & Co. and was a partner from 1928 to 1935. In 1935, he co-founded Morgan Stanley together with Harold Stanley when the Glass–Steagall Act forced the separation on investment banking and commercial banking. At the death of his father in 1943, he and his brother, Junius Spen ...
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London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ...
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Associated Press
The Associated Press (AP) is an American non-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association. It produces news reports that are distributed to its members, U.S. newspapers and broadcasters. The AP has earned 56 Pulitzer Prizes, including 34 for photography, since the award was established in 1917. It is also known for publishing the widely used '' AP Stylebook''. By 2016, news collected by the AP was published and republished by more than 1,300 newspapers and broadcasters, English, Spanish, and Arabic. The AP operates 248 news bureaus in 99 countries. It also operates the AP Radio Network, which provides newscasts twice hourly for broadcast and satellite radio and television stations. Many newspapers and broadcasters outside the United States are AP subscribers, paying a fee to use AP material without being contributing members of the cooperative. As part of their cooperative agreement with the AP, most ...
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John Quincy Adams
John Quincy Adams (; July 11, 1767 – February 23, 1848) was an American statesman, diplomat, lawyer, and diarist who served as the sixth president of the United States, from 1825 to 1829. He previously served as the eighth United States Secretary of State from 1817 to 1825. During his long diplomatic and political career, Adams also served as an ambassador, and as a member of the United States Congress representing Massachusetts in both chambers. He was the eldest son of John Adams, who served as the second president of the United States from 1797 to 1801, and First Lady Abigail Adams. Initially a Federalist like his father, he won election to the presidency as a member of the Democratic-Republican Party, and in the mid-1830s became affiliated with the Whig Party. Born in Braintree, Massachusetts, Adams spent much of his youth in Europe, where his father served as a diplomat. After returning to the United States, Adams established a successful legal practice in Boston. I ...
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John Adams
John Adams (October 30, 1735 – July 4, 1826) was an American statesman, attorney, diplomat, writer, and Founding Fathers of the United States, Founding Father who served as the second president of the United States from 1797 to 1801. Before Presidency of John Adams, his presidency, he was a leader of the American Revolution that achieved independence from Kingdom of Great Britain, Great Britain, and during the war served as a diplomat in Europe. He was twice elected vice president of the United States, vice president, serving from 1789 to 1797 in a prestigious role with little power. Adams was a dedicated diarist and regularly corresponded with many important contemporaries, including his wife and adviser Abigail Adams as well as his friend and rival Thomas Jefferson. A lawyer and political activist prior to the Revolution, Adams was devoted to the right to counsel and presumption of innocence. He defied anti-British sentiment and successfully defended British soldiers agai ...
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Herbert Hoover
Herbert Clark Hoover (August 10, 1874 – October 20, 1964) was an American politician who served as the 31st president of the United States from 1929 to 1933 and a member of the Republican Party, holding office during the onset of the Great Depression in the United States. A self-made man who became rich as a mining engineer, Hoover led the Commission for Relief in Belgium, served as the director of the U.S. Food Administration, and served as the U.S. Secretary of Commerce. Hoover was born to a Quaker family in West Branch, Iowa, but he grew up in Oregon. He was one of the first graduates of the new Stanford University in 1895. He took a position with a London-based mining company working in Australia and China. He rapidly became a wealthy mining engineer. In 1914 at the outbreak of World War I, he organized and headed the Commission for Relief in Belgium, an international relief organization that provided food to occupied Belgium. When the U.S. entered the war in 191 ...
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Secretary Of The Navy
The secretary of the Navy (or SECNAV) is a statutory officer () and the head (chief executive officer) of the Department of the Navy, a military department (component organization) within the United States Department of Defense. By law, the secretary of the Navy must be a civilian at least five years removed from active military service. The secretary is appointed by the president and requires confirmation by the Senate. The secretary of the Navy was, from its creation in 1798, a member of the president's Cabinet until 1949, when the secretary of the Navy (and the secretaries of the Army and Air Force) were by amendments to the National Security Act of 1947 made subordinate to the secretary of defense. On August 7, 2021, Carlos Del Toro was confirmed as secretary of the Navy. From 2001 to 2019, proposals to rename the Department of the Navy to the Department of the Navy and Marine Corps, which would have also renamed the secretary of the Navy to the secretary of the Navy ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Charles Francis Adams III
Charles Francis Adams III (August 2, 1866 – June 10, 1954) was an American lawyer and politician, who served as the 44th United States Secretary of the Navy under President Herbert Hoover from 1929 to 1933. He was skipper of the Resolute which won the 1920 America's Cup. Adams graduated from Harvard College in 1888 and then Harvard Law School in 1892. After going from being a lawyer and then a businessman, he was elected mayor of Quincy in 1896 and unelected a year later. Adams married Frances Lovering in 1899 and they had 2 children. He proposed to the Congress in 1903 that the USS Constitution be restored. He was granted this wish in 1907 when they raised funds to make her open to the public again. Adams was an officer in 43 corporations at one point, including the Harvard Corporation. He then was appointed Secretary of the Navy in 1929. He promoted public understanding of the Navy's indispensable role in international affairs, and worked strenuously to maintain naval streng ...
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Eatons Neck, New York
Eatons Neck is a hamlet and census-designated place (CDP) in the Town of Huntington in Suffolk County, on the North Shore of Long Island, in New York, United States. The population was 1,406 at the 2010 census. There is a United States Coast Guard station at the northern tip of the hamlet. History In 1927, the bulk of Eatons Neck consisting of what is today known as the Morgan Estate and Two-Acre Zone was subdivided and sold by the heirs of Cornelius H. DeLamater. The Eaton Harbors Corporation was created to hold title to, and maintain, all the private beaches and roads on the former estate. Geography According to the United States Census Bureau, the CDP has a total area of , all land. Demographics As of the census of 2000, there were 1,388 people, 512 households, and 419 families residing in the CDP. The population density was 1,378.4 per square mile (530.6/km2). There were 554 housing units at an average density of 550.2/sq mi (211.8/km2). The racial makeup of ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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Junius Spencer Morgan III
Junius Spencer Morgan III (March 15, 1892 – October 19, 1960) was an American banker and a director of the Morgan Guaranty Trust Company. Early life Junius Spencer Morgan III was born on March 15, 1892, to Jane Norton Grew and Jack Morgan (1867–1943), who was a banker and the son of J. Pierpont Morgan (1837–1913), the renowned financier. Through his mother, he was a first cousin to Henry Grew Crosby (1898–1929). He received an A.B. from Harvard University in 1914. Career In 1914, after graduating from Harvard, he joined J.P. Morgan & Co., working there until 1917. On September 15, 1917, he was commissioned an ensign in the United States Navy Reserve Force and was later promoted to lieutenant during the First World War. He resigned from the Navy on December 13, 1918. His naval service enabled him to become a member of the New York Commandery of the Naval Order of the United States. On December 1, 1941, Morgan was placed on active duty, serving during World W ...
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Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ...
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