The correct answer is D. Many people lost their money because banks didn't protect it.
Answer:
J.P. Morgan helped the Allies finance their World War ll triumph
Explanation:
Morgan's personal wealth was enormous, and during his life he used substantial portions of his wealth in philanthropic endeavors. He donated to charities, churches, hospitals, and schools. He also accumulated a huge collection of art.
In 1939, before the United States entered World War II, the British and French governments chose J.P. Morgan & Co. to sell $1.5 billion of securities in the New York public markets.
One of the most powerful bankers of his era, J.P. (John Pierpont) Morgan (1837-1913) financed railroads and helped organize U.S. Steel, General Electric and other major corporations. ... However, he faced criticism that he had too much power and was accused of manipulating the nation's financial system for his own gain.
J.P. Morgan helped the Allies finance their World War ll triumph. J.P. Morgan assisted Germany's rebuilding after The Great War. Morgan's Thomas Lamont spearheaded the renegotiation of reparation payments and organized other Wall Street banks to bail Germany out with loans.
Missisipi river is the answer pal
Answer:
The Fifth Amendment is the answer
The detail from the text that best conveys the message to reader that people in positions of power will <u>naturally abuse that power</u> is:
- <u>D. "Whatever power he has received, he has a corrupt nature that will improve it in one thing or other..."</u>
- According to Cotton, he is of the opinion that the people who get into positions of power will naturally abuse them as it is the way human nature is and cannot be changed, no matter how one tries to.
- From his speech, he made the statement that man has a corrupt nature that he would always want more power.
- He stated that once he has had a little taste of it, this can lead him into doing some bad things to remain in power, which leads to an abuse of such power.
- As a result of these, the correct answer is option D
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