called on the German Kaiser. Afterwards the Kaiser said he was surprised to find Mr. Morgan "not well informed regarding the philosophical development of nations." I often think the philosopher is an unimportant man; he looks into the future, and sees many things that are not there. The philosopher is a recluse; a thinker. He hides away from mankind, and writes books about subjects he does not know much about. J. P. Morgan knew mankind intimately, and benefited it because of his knowledge. He made bets that the people would do certain things at certain times, and became rich because of the accuracy of his knowledge; yet he is accused of knowing nothing about "the philosophical development of nations"! He had a tremendous fund of practical knowledge, and that beats all the philosophy in the world. Morgan believed that in the human family, character was everything; that character was the basis of all credit, and that the simple doctrine of good conduct for its own sake, is the greatest religion in the world. How superior Morgan's simple religion was to the Hindu's philosophy! Morgan was an humble citizen, yet he accomplished more than did Kaiser Wilhelm, a philosopher and a king. A nation fought Morgan continuously and bitterly, yet he was undoubtedly a public benefactor. Wilhelm had the love of a great nation, yet he undoubtedly talks too much, and has been repeatedly humiliated for the habit. Wilhelm is great in spite of his indiscretions, being a king; but J. P. Morgan was great in spite of the fact that he lacked the friendship of his own nation, and was compelled to do his good work in the face of bitter and often malicious opposition.
