Bernard Baruch, Park Bench Statesman

By Carter Field | Go to book overview

CHAPTER NINE

I NEVER gamble."

J. Pierpont Morgan bit the words out angrily, a little contemptuously. His great tawny eyes, which had been fixed on his visitor with cold disapproval, turned deliberately away. The interview was over.

Morgan was to die without knowing that his objection to Bernard M. Baruch's use of the word "gamble" was to cost Morgan & Co. millions. But to Baruch his own loss seemed incalculable, and he was never to change this view.

Morgan's rejection meant, not financial destruction, as it had meant to so many men over the years, but the frustration of an ambition that Baruch had nurtured steadily since, as a young office boy, he had had his first glimpse of and word with Morgan the Magnificent.

Association with the House of Morgan was the one thing that Baruch had craved. He wanted it more and more as the years went by, and he came to think of his own financial operations as mere moneymaking. He dreamed of doing big things, accomplishments of permanent value to business, to the country, perhaps even to the world, doing them in association with Morgan.

His turndown this day revived sharply the black spell through which he had gone in 1902, when the mere making of money first lost its savor, and he yearned to do something more constructive.

-70-

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Bernard Baruch, Park Bench Statesman
Table of contents

Table of contents

  • Title Page iii
  • Illustrations v
  • Chapter One 1
  • Chapter Two 13
  • Chapter Three 21
  • Chapter Four 28
  • Chapter Five 37
  • Chapter Six 45
  • Chapter Seven 54
  • Chapter Eight 63
  • Chapter Nine 70
  • Chapter Ten 79
  • Chapter Eleven 89
  • Chapter Twelve 98
  • Chapter Thirteen 108
  • Chapter Fourteen 117
  • Chapter Fifteen 126
  • Chapter Sixteen 134
  • Chapter Seventeen 145
  • Chapter Eighteen 158
  • Chapter Nineteen 169
  • Chapter Twenty 181
  • Chapter Twenty-One 195
  • Chapter . . . Twenty-Two 207
  • Chapter Twenty-Three 218
  • Chapter Twenty-Four 228
  • Chapter Twenty-Five 238
  • Chapter Twenty-Six 250
  • Chapter Twenty-Seven 262
  • Chapter Twenty-Eight 272
  • Chapter Twenty-Nine 284
  • Chapter Thirty 297
  • Chapter Thirty-One 303
  • Index 311
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