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apr 2, 1901 - JP Morgan

Description:

JP Morgan was a rich capitalist believed to have had around $39 billion dollars in today's money. He helped the railroad industry recover after the panic of 1893 by merging companies. He became a stockholder in all of them, making his fortune. He also bought Carnegie Steel in 1901, which then became the U.S. Steel Corporation.

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Gilded Age Timeline

ByCharlie
5 Jan 2018
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1016

Date:

apr 2, 1901
Now
~ 124 years ago
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