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Advantages And Disadvantages Of J. P. Morgan

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Advantages And Disadvantages Of J. P. Morgan
Carnegie, Morgan, and Eastman were captains of industry because they were philanthropists. Eastman was a philanthropist because he donated money to a variety of causes. Some of the organizations he donated money to are, the Eastman school of music, giving scholarships to engineering students at M.I.T and gave freely to the Tuskegee Institute of African Americans along with donating $2.5 million for a dental clinic in Rochester. J.P. Morgan was a philanthropist because he loaned more than $60 million to the federal government and donated painting, sculptures, and tapestries to the Metropolitan Museum of Art in New York. Carnegie was a philanthropist because he donated more than $350 million to public education to build over 2,500 libraries.
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