J.P. Morgan and Ragtime

John Pierpont Morgan: The turn of the century in American, when E.L. Doctorows novel tag end is set, was a time marked by rapid expert developments and industrialization. These years also brought a heavy flood of immigrants as well as an increasingly urban American landscape. technical advancements enabled increased efficiency and mass production. However, Doctorow clearly brings into question the consequences of this unused technology for the average American worker. J.P. Morgans discussion with Henry cut through about the assembly lines innovations brings this debate to the front. Doctorow writes, From these principles Ford completed the final proposition of the theory of industrial manufacture - not only that the parts of the finished product be interchangeable, plainly that the men who build the products be themselves interchangeable parts (113). here Doctorow clearly addresses the potential for technology to undermine the value of the man-to-man and his abilities. Banker and industrialist John Pierpont Morgan was one of the worlds foremost financial figures in the decades before World War I. He organized railroads and form the United States Steel Corporation.

His wealth and financial management skills were so considerable that he was able to steer the United States exchequer from the brink of disaster. Morgan was born in Hartford, Connecticut, in 1837, and educated at the University of Gottingen in Germany. In 1871, with members of the Drexel family of Philadelphia, he organized the New York banking soused of Drexel, Morgan & Company. It began lending vast sums to railroad builders and industrial corporations in the eighties and was subsequent reorganized as J.P. Morgan and Company. As noted by Erin Arvedlund, he was a natural born financier [and] love spreading his bank account among dozens of different extraneous currencies. John Pierpont Morgan and his father established a firm that was later to be known as J.P. Morgan & Co. Throughout Ragtime, E.L.... If you want to exhaust a full essay, order it on our website: Ordercustompaper.com

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