During the 19th century robber barons were at an all-time high; a prominent robber baron was J.P. Morgan, owner of J.P. Morgan & Co. Shortly after his death, his son J.P. Morgan Jr., who worked in and inherited the company, became a robber baron himself. Both men did different things that changed business and our nation today.JP Morgan was born April 17, 1837, in Hartford, Connecticut; His family has been in the banking sector for years. He lived in England and worked for his father's bank in London, but in 1857 he returned to the United States; there he founded J.P. Morgan & Co. But in 1871 he rebuilt his holding company was a merger with Anthony J. Drexel calling it Drexel, Morgan & Company but changing it in 1895. Morgan was yet to be more powerful and wealthy expand his name into railroads in 'east; his business was already increasing thanks to the railroads. He would take railroads like Albany and Susquehanna, which he did, and change the way they do management by putting in managerial hierarchies. This way he can reimagine the railroads as a bank and some have said that no bank in the United States had a piece of the railroad system like JP Morgan did that made the railroad more successful. His next big move was in 1901, when he helped found the United States Steel Corporation with Andrew Carnegie and J.D. Rockefeller. It became the largest steel producing company in the world. The government was concerned that it had helped create a monopoly in the steel industry; so the government filed a lawsuit. (Schweikart, Larry) Many people believe that JP Morgan was involved in events that changed our government and business practices. Populists didn't like JP Morgan helping the US Treasury in 1895. President Grover and Morgan did a damn... middle of paper... using guns. ("John Pierpont Morgan Jr.") (Hutchinson's unabridged encyclopedia with atlas and weather guide). A Senate council seeks information on bankers and people who supply weapons if they had a more influential role in leading up to World War I than most people thought. Morgan was soon after accused of having become too rich by being an Allied agent. After the war, his role as Morgan Jr grew increasingly outside of American economics and investment banking, as companies making money for the First World War were breaking away from the banks. It expands more with many foreign countries including Britain, France and Germany helping them with their ties. In 1922 he served on a council in Paris on the restoration and reparation of Germany, and in 1929 he acted as a delegate for the United States at another meeting on reparations and more..