The Bowery Boys: New York City History

#446 Mr. Morgan and His Magnificent Library

Dec 6, 2024
In this engaging discussion, Jennifer Tonkovich, curator at the Morgan Library, shares her insights on J.P. Morgan, the Gilded Age titan who transformed his vast book collection into a public library. She dives into Morgan's life of wealth and influence, his passion for literature, and the architectural splendor of the Morgan Library. Listeners will discover tales of rare manuscripts, the library's evolution from a private collection to a public gem, and its role as a cultural hub that continues to inspire visitors today.
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INSIGHT

Morgan's Powerful Financial Roots

  • J.P. Morgan came from a long-established family with increasing financial influence.
  • His education and family connections positioned him to dominate American finance in the Gilded Age.
ANECDOTE

Morgan's Overwhelming Book Collection

  • Morgan collected so many books that he needed a dedicated library building.
  • Between 1902-1906, he constructed an Italian Renaissance-style library next to his home.
INSIGHT

Morgan’s Power vs Roosevelt’s Progressivism

  • Morgan wielded more power than many politicians, influencing national railroads and the economy.
  • His vision conflicted with Roosevelt's progressive era approach, representing private enterprise versus public regulation.
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