Junius Spencer Morgan, b. West Springfield, Mass., Apr. 14, 1813, d. Apr.
8, 1890, was an important financial link between the United States and Britain
during the middle of the 19th century. After some experience in American
mercantile firms, he joined the London-based international banking house of
George Peabody & Co., becoming a partner in 1854. When Peabody retired,
Morgan took over, changing the firm's name to J. S. Morgan & Co. He directed
this company until his death. His best-known transaction involved a
$50-million loan to France during the Franco-Prussian War (1870-71).