Junius Morgan moves to London
Citations (1)
- The House of Morgan - An American Banking Dynasty and the whole source · open book
WHEN Morgan moved to London in 1854, it was a more auspicious time for an American banker than it had been when Peabody was flogging the hated Maryland bonds in the 1830s. American grain prices soared during the Crimean War, and western railroads that transported grain boomed as well, creating a mania for their shares.
chapter: 1. Scrooge