4.8 • 1.5K Ratings
🗓️ 29 June 2023
⏱️ 46 minutes
🧾️ Download transcript
Susan Berfield, author of The Hour of Fate, examines Pierpont’s relationship with Theodore Roosevelt, and the banker’s legacy in business and politics.
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0:07.0 | It's the evening of January 1st, 1905, in a ballroom at the Arlington Hotel in New York. |
0:29.3 | A lavish formal dinner is underway. |
0:32.4 | At the top table, investment banker John Peerpont Morgan sips his wine as he looks |
0:37.2 | out across the glittering ballroom. |
0:39.5 | This dinner is raising funds for one of Peerpont's charitable endeavors, the American Academy |
0:44.3 | in Rome. |
0:45.6 | The banker has gathered together more than 100 of the nation's wealthiest and most powerful |
0:49.8 | individuals. |
0:50.8 | But no one here tonight carries more influence than the man Peerpont has chosen to sit alongside |
0:56.0 | him at the top table, the president of the United States, Theodore Roosevelt. |
1:01.3 | Roosevelt took the White House following the assassination of President William Kinley. |
1:06.0 | But two months ago, Roosevelt won re-election on his own and will now remain president |
1:10.6 | for the next four years. |
1:12.6 | Peerpont lowers his glass and turns to Roosevelt. |
1:15.2 | Well, Mr. President, I'd like to offer you my personal congratulations on your electoral |
1:20.0 | victory. |
1:21.0 | Thank you, Mr. Morgan. |
1:22.0 | I would never have wished to become president in the circumstances I did, so it's gratifying |
1:26.6 | to know that the American people have voted for me in my own right. |
1:30.1 | I'm no longer a political accident. |
... |
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