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Quotes from Testimony to the Pujo Committee — J. P. Morgan

1837–1913 United States

← All quotes by J. P. Morgan

2 quotes

The first thing [in credit] is character … before money or anything else. Money cannot buy it.… A man I do not trust could not get money from me on all the bonds in Christendom. I think that is the fundamental basis of business.

Testimony to the Pujo Committee (1912)

[Credit] is an evidence of banking, but it is not the money itself. Money is gold, and nothing else.

Testimony to the Pujo Committee (1912)

Attribution

Quotes and notes from Wikiquote: J. P. Morgan (page history), available under CC BY-SA 4.0.