History of the United States I / Unit 9 USH1 1238 short lesson, about 20 seconds
Junius Spencer Morgan
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The idea
Junius Spencer Morgan worked in the import business in Boston in the eighteen thirties, then formed a partnership with the London banker George Peabody.
In practice
The firm renamed J. S. Morgan and Company in eighteen sixty-four.
Where people slip
His son became a prominent financier, which is how a Boston import house becomes an American banking dynasty.
Your place on the trail
Every lesson rests on earlier ones and opens later ones. Tap any to jump.
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