Titanic sinks in the North Atlantic
Citations (1)
- All the Presidents' Bankers: The Hidden Alliances That Drive American Power whole source · open book
Morgan was in France when word spread that the Titanic had sunk on April 15, 1912, and with it the investment money Morgan had contributed on behalf of the shipping trust that built it. He had attended the ship’s launch at the Harland and Woolf shipyard in Belfast in 1911 and narrowly missed being a passenger in the suite that bore his name.
chapter: Chapter 1: The Early 1910s: Post-Panic Creature and Party Posturing