13/28 Stock gambling and honorable business are incompatible. In recent years it must be admitted that the old-fashioned "banker," like Junius S.Morgan of London, has become rare. He telegraphed me one day in New York to meet him at Philadelphia without fail. I met him there with several other friends, among them Mr.J.N.McCullough, vice-president of the Pennsylvania Railroad Company at Pittsburgh. A large loan for the Texas Pacific had fallen due in London and its renewal was agreed to by Morgan & Co., provided I would join the other parties to the loan. |