Page 107 of The House of Morgan

Cochran, Thomas, 190, 224, 305, 370

  Cohen, Benjamin V., 418, 420

  Cohen, H. Rodgin, 703

  Cohn, Roy, 327

  Colby, Frank, 369

  Coleman, Leighton, 646

  Collier, Geoffrey, scandal involving, 685, 688

  Collins, Tim, 385, 524, 548

  Columbia University, 261, 277, 289, 358, 421, 640

  Commager, Henry Steele, 158

  Commercial banking, 385

  separation of investment banking from, 353–54, 362–63, 374–91

  Commercial paper, 541, 542, 595, 657

  Commissions on stock trades, end of fixed, 602, 674

  Committee to Defend America by Aiding the Allies, 443

  Commonwealth and Southern Corporation, 447

  Communism, 210, 211, 328, 333, 338, 398, 403, 411, 444, 518, 543

  Compagnie Financière de Suez, 615

  Compensating balances, 494–95, 538

  Competition, 176, 179

  between merchant banks, see Gentleman Banker’s Code

  bidding or bond issues and, 416–17, 428

  Pierpont’s hatred of, 54, 56, 82, 83, 102, 111

  trusts and, see Trusts

  Comstock, Anthony, 38

  Con Edison, 504, 505

  Congress, U.S., 312, 380, 410, 442

  gold standard and, 72–77

  panic of 1907 and, 129, 130

  Congress of Industrial Organizations (CIO), 420

  Conoco, 632

  Conovor, Todd, 659

  Conran, Sir Terence, 678

  Consumers Power, 390

  Container Corporation of America, 694, 698

  Continental Illinois Bank and Trust Company, 656–60, 701, 716

  Continental Oil, 496

  Conway, Carle C., 422, 428

  Cooke, Jay, 13, 33, 35–37

  Coolidge, Calvin, 210, 314, 370

  election of 1924 and, 254, 255

  Morrow and, 251–52, 254, 287–93, 298

  power of Wall Street and, 243, 244

  World War I loans and, 249, 251, 282

  Cooper Industries, 692

  Copenhagen, Denmark, 547–48

  Corcoran, Thomas G., 379, 418, 420, 441

  Corfu, invasion of, 279–80

  Corn Exchange Bank, 324, 356

  Corning Glass, 709

  Corrigan, E. Gerald, 701

  Corsair, 29, 53, 54–55, 63

  Corsair II, 60, 77, 80

  Corsair III, 80–81, 102, 107, 115, 140, 141, 159, 169, 194, 263

  Corsair IV, 322, 330, 348, 408–409, 460, 474

  Cortelyou, George B., 123

  Coster, Charles, 69, 70, 87, 258, 260

  Coughlin, Father Charles E., 381–82, 400

  Council on Foreign Relations, 485, 562

  Courtauld, Samuel, 462–63

  Courtois, E., Jacques, 633, 634

  Cox, Archie, Jr., 586, 594

  Cox, James M., 209

  Cragin, Stuart, 543

  Cragston, 32, 53, 63, 66, 126

  Cravath, Paul, 192

  Cravath, Henderson, Leffingwell and de Gersdorff, 312–13

  Craven, John, 713–14, 715

  Crawford, Lady Anne, 457, 458

  Crawford and Balcarres, Earl of, 457

  Credit Anstalt, 328

  Crédit Mobilier, 36

  Crédit Suisse, 547

  Croly, Herbert, 132

  Cromer, Lord (Evelyn Baring), 25

  Crosby, Mrs. Stephen, 409

  Cuba, 237, 289, 592, 638

  Cunard Line, 102–103, 146

  Cunliffe, Geoffrey, 202, 523

  Curtis, William E., 74

  Czolgosz, Leon, 93

  D

  Dabney, Charles H., 12, 23, 33

  Dabney, Morgan and Company, 23, 31

  Dai-Ichi Mutual Life Insurance Company, 719

  Dan, Baron Takuma, 234, 342–43

  Danat Bank, 329

  Davis, John W., 144, 371, 379, 426, 440, 471

  Democratic nomination of 1924 and, 254–55

  Pecora hearings and, 360–61, 363, 364

  Davis, Norman, 373

  Davis, Polk, and Wardwell, 254, 363, 408, 413, 505, 507, 527, 528, 537, 556, 566, 599, 600, 629, 651

  Davison, Danny, 570

  Davison, Frederick Trubee, 219, 260

  Davison, Henry Pomeroy (Harry), 123, 129, 130, 138, 178, 230, 289, 305, 306, 466

  banker-government collaboration and, 132, 133, 135, 137

  as chief operating executive, 143–45, 150, 166, 167, 217–18, 256, 257

  Davis and, 144, 254–55

  death of, 218–19

  Pujo Committee and, 151, 152–53

  Strong and, 182

  World War I and, 184–92, 198, 201–203

  Davison, Henry Pomeroy, Jr., 424, 496, 534, 540, 590

  Davison, Kate Trubee, 143, 218

  Dawes, Charles Gates, 249, 251, 254, 314

  Dawes Plan, 249–53, 282, 312, 392–99, 488

  Dawkins, Sir Clinton, 79, 99, 103, 104

  Dayton Power, 471

  Dean, Arthur, 502

  Deflation, 353, 354, 357–58, 380, 381, 419, 420

  De Gaulle, Charles, 488

  De Grunwald, Dimitri, 569

  Delaware and Hudson Railroad, 32

  Delmonico’s, 41, 47

  De Martino, Giacomo, 283, 284

  Democratic party, 129, 130, 203–204, 354, 370–71

  alleged conspiracy of, 351–52

  trustbusting and, 147, 149

  Department of Trade and Industry, Britain, 685–86, 688, 689

  Depew, Chauncey M., 42, 43, 54

  Depression, the Great, 300, 313, 321–27, 346–77, 401

  anger against bankers during, 352, 355–57, 378, 381–84

  “apple days” during, 346

  bank failures during, 326–29, 353, 357

  Bank of the United States and, 326–27

  bond market during, 352–53

  bottom of the stock market, 323, 346

  British gold standard and, 329–36

  German reparations during, 326–29, 353, 357

  government action during, 321, 347–48, 417–20

  Latin American loan defaults, 354, 637

  money supply and, 323–24

  Morgan interventions during, 324–45, 352–53

  Morgan partners during, 348–49

  New Deal and, see New Deal

  Pecora hearings during, see Pecora hearings

  politics of 1932 and, 349–56

  pools and, 351–53

  postcrash complacency, 322–23, 324

  as return to thrift and hard work, 321–22

  short selling and, 351–53, 415

  tariffs and, 323

  World War II and, 441

  Deutsche Bank, 76, 547, 548, 625, 715

  De Vries, Rimmer, 649

  Dewey, Thomas E., 426, 427, 448

  De Wolfe, Elsie, 140–42

  Diaghilev, Sergey, 271

  Diaz, Porfirio, 240

  Dickens, Charles, 6, 61

  Dickey, Charles, 512

  Dillon, C. Douglas, 536, 540–41

  Dillon, Read, 462–63, 502, 584, 601, 624, 661

  Diplomatic Age, 131, 160–61, 166, 177, 180, 186, 206, 241, 248, 288, 328, 341, 401, 454, 460, 473, 475

  Disraeli, Benjamin, 24, 25

  Distillers, 676, 680–83, 688–89

  Dollar diplomacy, 131–38, 292–93

  Dominion Textile, 696, 697

  Donner, Fred, 516

  Donovan, William, 211

  Douglas, Lewis, 358

  Douglas, William O., 111

  Whitney embezzlement and, 421, 425–28

  Douglas-Home, Alexander, 614

  Douglas-Home, David, 614

  Dover House, 28, 96, 139, 191

  Dreiser, Theodore, 100

  Drew, Daniel, 30

  Drexel, Anthony J., 33–35, 36, 64

  Drexel, Anthony, Jr., 64

  Drexel, Elizabeth, 140, 165
br />
  Drexel, Francis M., 33, 34

  Drexel, Joseph, 34, 39

  Drexel and Company, 33, 64, 65, 145, 470, 502, 512

  Drexel Burnham Lambert, 470, 601, 650, 651, 710, 711

  Drexel, Harjes, 33, 64

  Drexel, Morgan and Company, 33–35, 55, 65, 256, 387

  offices of, 34

  rise of stature of, 35–40

  Dubai, 615

  Duke, James B., 130

  Dulles, John Foster, 530, 542

  Duncan, Sherman and Company, 12, 20–21

  Dunne, Finley Peter, 78

  Du Pont, 500, 549, 624, 626, 632, 654, 661

  Du Pont, Coleman, 196

  Du Pont, Irénée, 224

  Du Pont, Pierre, 224, 289–90, 507

  Du Pont family, 190, 200

  General Motors and, 222–24

  Du Pont Securities, 196

  Durant, William Crapo, 221–25, 324, 424

  Durant, William West, 80

  Duveen, Joseph, 86, 118, 173

  E

  Eastman Kodak, 549, 708

  Eaton, Cyrus, 416, 417, 441, 502–503, 508

  Eccles, Marriner Stoddard, 383

  Economic nationalism, 359, 403

  Economic royalists, 409, 440

  Edelman, Asher B., 696

  Eden, Sir Anthony, 399–400, 530, 531

  Edge, Walter E., 298

  Edge Act, 541

  Edison, Thomas Alva, 46–47

  Edison Electric Illuminating Company, 46–47

  Edward VII, King, 15, 79, 95, 96, 98, 115

  Edward VIII, King, 404, 410

  E. F. Hutton, 624

  Egan, Martin, 211, 234, 258, 283, 284, 297, 315, 343, 350

  Egypt, 139, 157, 529, 613, 614, 615

  Ford Motor and, 615–18

  Egyptian Finance Company, 617

  Eisenhower, Dwight D., 454, 544

  Whitney and, 497–99, 528–30

  Elizabeth, Queen, 410, 440

  Elizabeth II, Queen, 431, 521–22, 673

  Elliott, Howard, 177, 178

  Elliott, Maxine, 115, 141

  Emergency Financial Control Board, 620

  Empire State Building, 302, 346

  Engel, Robert, 705, 706, 717

  England, see Britain

  Enskilda Bank of Stockholm, 286, 549

  Episcopal church, 51, 559

  Equitable Life Assurance Society, 152, 154, 289, 696–97

  Equitable Trust, 362

  Erie Railroad, 30, 31, 32, 38, 44

  Ernst, Morris, 381, 489

  Erskine, Sir George, 520

  Esso, 520, 677; see also Exxon

  Ethiopia, 402–407, 437, 454

  Euramerica, 546–47

  Euro-clear, 550

  Euromarkets, 541–50, 590–91, 592, 594, 608, 625, 636, 653, 654, 673

  Evans, Jack, 570

  Ewing, William, 213, 372, 387

  Exco, 675

  Exxon, 533, 549, 595, 626, 654, 661, 668–69; see also Esso

  F

  Faber, Willis, 654

  Fahd, Crown Prince, 611

  Faisal, King, 606, 607

  Falkland Islands, war over, 641

  Farley, James, 440

  Farm-equipment trust, 109

  Fascists, 277–86, 402–407, 437

  Federal Communications Commission (FCC), 706

  Federal deposit insurance, 374, 379, 470

  Federal Deposit Insurance Corporation (FDIC), 659, 660

  Federal funds market, 539, 657

  Federal Reserve Bank of New York, 156, 181–82, 211, 244, 321, 323, 326, 337, 383, 458, 485, 491, 604, 701, 716

  British gold standard and, 275, 276, 331–34

  Federal Reserve Board, 201, 312, 539, 540, 544, 545, 643, 645, 646, 656, 693, 703

  Continental Illinois rescue and, 658

  interest rates and, 490–91, 592, 700, 701

  reaction to Black Monday, 700–701

  Federal Reserve System (Fed), 12, 319, 375, 470

  creation of, 128–30, 156, 181–82

  Depression and, 323–24, 347, 380, 419

  engineered recessions of, 211, 223

  open market operations, 380

  pre-crash 1920s and, 302, 303–304, 312–15

  reorganization of, 383–84

  Federal Trade Commission (FTC), 181, 706

  Felton, Edgar, 608

  Field, Cyrus, 12, 43, 54

  Finneran, Gerard, 643, 645

  First Boston, 502, 504, 505, 517, 518, 553, 581, 584, 585, 624, 662, 663, 690, 691, 694, 710

  mergers and acquisitions handled by, 601, 602, 632, 665, 692

  First Chicago, 709

  First National Bank, 143, 144, 153, 156, 236, 530

  Big Three and, 132, 137, 153, 180, 205, 304–305

  First National Bank of Boston, 504

  First National City Bank, 530, 535, 538, 614, 619

  Fish, Stuyvesant, 57

  Fisher, David, 665

  Fisher, Dick, 580–81, 584, 585–86, 630, 663, 695, 699, 712

  described, 664–65

  Fisher, Irving, 314, 319

  Fisher, Max, 616, 618

  Fisk, Jim, 31

  Fitzgerald, F. Scott, 512

  Fletcher, Duncan U., 365

  Flick, Friedrich, 547

  Flight capital, 649, 651

  Flom, Joe, 599–600, 601, 629, 632, 692, 707

  Fogg, Joseph G. Ill, 668, 691, 693, 697, 707

  Forbes, B. C., 257, 316

  Ford, Gerald, 543, 620, 621

  Ford, Henry, 221–22, 321

  anti-Semitism of, 216, 615

  Ford, Henry II, 543, 615–16

  Ford Motor, 221–22, 273, 533, 543, 560, 595, 610

  Arabs and, 615–18

  Ford U.K., 616

  Foreign Policy Association, 278, 282

  Forrestal, James, 655

  Fort Howard Paper, 698

  Fortune, 170–71, 264, 510–11, 540, 604, 649, 692, 717

  France, 450–54, 504, 517, 529, 530, 552

  aid to, after World War II, 487, 488, 551, 638

  during World War II, 450–54

  Franco, Francisco, 402–403

  Frankfurter, Felix, 111, 411, 418

  Franklin National Bank, 604

  Fraser, Charles, 681

  Frémont, General John C., 22

  Frick, Henry Clay, 121, 127–28, 148, 173

  Friedman, Milton, 539

  Friedman, Steve, 600

  Frontier Airlines, 667

  Fry, Roger, 88, 119

  Fummi, Giovanni, 278–79, 281, 286, 402–407, 549

  described, 456–57

  World War II and, 454–59

  Funk, Walther, 433

  G

  Galbraith, Evan, 544, 547, 548

  Gallaher, 570–73, 595, 671, 687

  Galveas, Ernane, 642, 646

  Gannochy Lodge, 170, 264–65, 408, 431, 438

  Garner, John Nance, 372

  Garrison, William Lloyd, 18

  Gary, Judge Elbert H., 70, 111, 127–28, 141, 148, 210, 283, 306

  Gates, John W. “Bet-a-Million,” 82–84, 87

  Gates, Thomas S., Jr., 538, 542, 543, 544, 554, 705

  Gay, Charles R., 421

  Gebauer, Antonio, 640–41, 642, 645–52

  as embezzler, 648–52

  Geneen, Harold, 584

  General American Oil, 668

  General Electric, 67, 70, 190, 273, 307–308, 500, 514, 543, 595, 610

  crash of 1929 and, 315, 317

  insider trading and, 306–307

  General Electric Credit, 626

  General Foods, 520

  General Motors, 221–24, 266, 305, 306, 418, 492, 497, 500, 513, 517, 523, 549, 560, 562, 595, 610, 616, 632, 662, 695

  General Motors Acceptance Corporation, 625

  Gentleman Banker’s Code, 12, 154, 197, 305, 341, 504, 598

  Brandeis and, 176, 178–79

  breakdown of, 588, 598–99, 626, 691

  describ
ed, 3, 24, 38, 93, 156, 257–58

  Jack and, 363–64

  Japanese loan and, 235–36

  George V, King, 217–18, 255, 333, 431

  George VI, King, 170, 410, 431, 440, 521

  George Peabody and Company, 3–16; see also Peabody, George

  Georgetown University, Center for Contemporary Arab Studies, 610

  Gerard, Robert A., 664, 717

  Germany, 489, 518, 547, 548, 705

  agent general of, 251–53, 291, 311

  loans to, 215–17, 247–53, 311–12, 392–99, 436, 638

  Nazis, see Nazis

  World War I reparations, 207–208, 210, 228, 247–53, 310–12, 327–29, 350–51, 392–99

  Gesell, Gerhard A., 426–29

  Gibbons, Mary, 639

  Gifford, T. J. Carlyle, 442, 489

  Gifford, Walter, 371, 390, 441

  Gilbert, Louise, 421

  Gilbert, S. Parker, 252–53, 291, 311–12, 314, 383, 385, 402, 421, 611, 664, 695, 702, 711, 712

  death of, 420–21

  Pecora hearings and, 361, 366

  Roosevelt and, 354, 355, 362, 419

  Gilbert, S. Parker, Jr., 421, 611–12, 664, 695, 702, 712

  Gimbel Brothers, 705

  Gladstone, William, 14, 42

  Glass, Carter, 206, 226, 354, 355, 356, 362, 375, 384

  described, 374

  Glass-Steagall Act, 304, 356, 362, 363, 374–77, 418, 485, 488, 492, 504, 508, 540, 541, 544, 550, 559, 590, 592, 660, 662

  events leading up to, 349–74

  hopes for repeal of, 378, 384, 386–87, 715–16, 717–18

  implementation of, 378–91

  Morgan break-up and, 384–91, 422, 432, 470

  Section 17, 687

  Gleacher, Eric, 633–34, 691–92, 693, 697, 701, 703, 711

  Goebbels, Joseph, 328, 438

  Gold, 499, 605, 654

  stocks of, during World War II, 451, 458

  Goldberg, Alan E., 696

  Goldman, Henry, 195–96, 199

  Goldman, Sachs, 89, 196, 199, 308, 385, 502, 512, 557, 584, 594, 624, 625, 663, 665, 677, 690, 695, 701, 702

  mergers and acquisitions handled by, 600–601, 665, 703

  Goldman Sachs Trading Corporation, 319–20, 352

  Goldsmith, Sir James, 692

  Gold standard, 71–78, 357–59, 381

  in England, 273–77, 313, 315, 329–36, 475

  in Italy, 282

  in Japan, 337, 341, 343

  Gooch, Charles C., 8

  Good, Barry, 628

  Goodwin, James J., 21, 44

  Gordon, Albert H., 325

  Göring, Hermann, 328, 392, 400, 438

  Schacht and, 398, 399, 432, 478

  Gould, Jay, 30–32, 38, 43, 44, 56

  Graf, Lya, 367–68, 369

  Grant, W. T., 618

  Greenberg, Frank, 696

  Greenberg, Maurice, G., 702

  Greene, Belle da Costa, 51, 116–17, 159, 560

  Jack and, 169–70, 171, 173, 265, 266, 473