John Pierpont Morgan...During the Panic of 1893, when a shortage of the gold caused a devaluation of the Dollar, the US president Grover Cleveland asked J.P. Morgan to loan 65 million in gold to the US Treasury. J.P. lent the gold, saving the Treasury and the Dollar.John Pierpont Morgan...During the Panic of 1893, when a shortage of the gold caused a devaluation of the Dollar, the US president Grover Cleveland asked J.P. Morgan to loan 65 million in gold to the US Treasury. J.P. lent the gold, saving the Treasury and the Dollar.
John Pierpont Morgan...During the Panic of 1893, when a shortage of the gold caused a devaluation of the Dollar, the US president Grover Cleveland asked J.P. Morgan to loan 65 million in gold to the US Treasury. J.P. lent the gold, saving the Treasury and the Dollar.