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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. Morgan becomes involved with European reconstruction when it helps with a loan to what country?
(a) France.
(b) Austria.
(c) England.
(d) Germany.

2. When does the official division of the House of Morgan occur?
(a) September 30, 1934.
(b) September 5, 1935.
(c) September 1, 1934.
(d) October 19, 1929.

3. When was the Hawley-Smoot Tariff Act enacted?
(a) 1929.
(b) 1931.
(c) 1935.
(d) 1930.

4. The 1935 Wheeler subcommittee hearings involve banker involvement in what industry?
(a) Electric utilities.
(b) Communications.
(c) Railroads.
(d) Oil.

5. What does Jack build in his father's memory?
(a) An art museum.
(b) A library.
(c) A yacht.
(d) A building in New York.

Short Answer Questions

1. The US credibility in London and European markets depends on the dollar's convertibility into what?

2. Who puts England back on the gold standard?

3. Where is Pierpont when the stock market panic of October 1907 begins?

4. When is the Richard Whitney and Company suspended from the stock exchange?

5. When does Hitler become chancellor in Germany?

Short Essay Questions

1. What is the turning point for when the House of Morgan surpasses the House of Rothschilds?

2. In 1924 what are the House of Morgan ties with the candidates?

3. What financial deal makes Junius Morgan a force in the banking world?

4. Even when Mussolini is criticized for his violent tactics, who seems to side with Mussolini and why?

5. Why does Father Charles E. Coughlin, a radio priest of the time, attack the banking industry?

6. What does the US credibility in London and European markets depend on?

7. What is the Glass Steagall Act?

8. What causes a feud between the two Morgan partners, Morrow and Lamont?

9. What causes a Wall Street panic in 1873?

10. How does the Morgan firm restructure as a result of the Glass Steagall Act?

(see the answer keys)

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