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Once in Golconda: A True Drama of Wall Street 1920–1938 by John Brooks

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Chapter Eight

Ordeal in Washington

I

Almost everyone remembers the picture of a midget sitting on J. P. Morgan’s knee, but few recall, or ever knew, the end of that story. It is so near to being unbearably sad that it will be told first.

The thing happened in the Senate Caucus Room on the morning of June 1, 1933, while Morgan, surrounded by a cortege of partners and lawyers and assistants, was sitting in a leather-upholstered chair waiting to testify before the Senate Banking and Currency Committee. Reporters, photographers, and spectators were milling around, and suddenly, in the confusion, too quickly for official intervention, a press agent for the Ringling Brothers, Barnum & Bailey Circus, apparently with the connivance of a Scripps-Howard ...

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