John Pierpont Morgan
Financier, Art Collector, Reorganizer of American Corporate Structures
April 17, 1837, Hartford, Connecticut. 3:00 AM LMT (from his grandfather’s
diary); 1:10 PM, LMT. (Source: Evangeline Adams, astrologer to Morgan)
31, 1913, 00:30 AM, in Rome, Italy.
(Ascendant in the chosen chart, Aquarius with MC in Sagittarius;
Ascendant in the rejected Evangeline Adams chart, chart, Leo with
MC in Taurus; Sun in Aries conjunct Mercury and Ceres in Aries, with
Venus and Pluto also in Aries and conjunct; Moon in Virgo ; Mars and
Jupiter in Leo, conjuncted; Saturn in Scorpio; Uranus in Pisces; Neptune
in Aquarius; NN conjunct in Taurus; )
John Pierpont Morgan was one the most powerful financiers of the
later nineteenth and early twentieth In an era known for socially
irresponsible “robber barons”, he amassed a tremendous
fortune as a banker, a builder of railroads, and reorganizer of the
steel, electric and telephone industries. Interestingly, he was a
major source of support to Thomas Edison and Nicola Tesla. For many
years he and a small but immensely wealthy oligarchy ruled over America's
major corporations, railroads, insurance companies, securities markets,
and banks. He had a passion for organizing and reorganizing industrial
trusts creating giant conglomerates such as U.S. Steel, General Electric
and International Harvester.
He was, in a sense, the ‘unofficial central banker’ of the USA before
there was a Federal Reserve and single-handedly saved the United States
from bankruptcy on two occasions. He regarded coming to the ‘rescue’
of his country in such emergencies—providing the desperate United
States government with huge sums it needed to continue its operations—simply
as his “providential duty”. Of course he profited handsomely from
these gestures of largesse and his reputation as a benefactor of America
rose in the eyes of millions. For such admirers he became a economic
‘saint’; for others he was a grasping ‘demon’. He received an honorary
degree from Harvard University that read: “Public citizen, patron
of literature and art, prince among merchants, who by his skill, wisdom
and courage, has twice in times of stress repelled a national danger
of financial panic.” There was much truth in these laudatory phrases,
but there was also another side to the story. Robert LaFollette, the
Wisconsin progressive, saw him as “a beefy, red-faced thick-necked
financial bully, drunk with wealth and power.”
A Few Points
Concerning the Chart Chosen
We have an interesting situation with regard to J.P. Morgan’s
astrological chart. An entry in his grandfather’s diary reports
a time of birth of 3:00 AM. Normally, this would be a good starting
point and could be judged as reasonably reliable.
But Morgan (apparently believing in the value of astrology) was
a client of one of the world’s most renowned astrologers, Evangeline
Adams, who, for whatever reasons, rectified his astrological chart to
1:10 PM, a jump forward of some ten hours. Probably, she saw the power
of Leo in his chart and thought that his obvious Leonian strength required
a Leo Ascendant. Of course, his exoteric ruling planet Mars (ruler of
the Aries Sun) is found in Leo conjunct Jupiter, also in Leo. This would
provide a great deal of the Leo energy, so there would be no necessary
recourse to such a drastic rectification (unless other reasons entered
into the consideration). Because the Leo Ascendant chosen by Adams was
pretty much opposite the degree of Aquarius rising in the chart based
on Morgan’s grandfather’s time, aspects and eclipses relating
to one of the horizon’s “angles” would relate to
the other, and the astrologer could, thereby, be deceived.
Ironically, Evangeline Adam’s own Ascendant is unverified
(at least in the estimation of Lois Rodden) and, the two signs
considered as possible Ascendant’s for J. P. Morgan (Aquarius
and Leo) are, respectively, the Sun-sign and Moon-sign of Evangeline
Adams. There was definitely a connection between the two of them. Adams’
Moon was conjunct the Leo Ascending degree she proposed for Morgan,
and her Aquarius Sun was within a wide conjunction of the Ascendant
resulting from the use of the grandfather’s 3:00 AM time. It seems
rather certain that the Aquarius-rising chart is the correct one. If
it is, there may be a lesson for all of us. Where there is confusion
about one’s own identity, that confusion may make it difficult
for us to correctly see the identity of others. Evangeline Adams chose
Pisces as her Rising-sign—reasonable enough, given her great intuitive
abilities. Pisces, itself, is a sign frequently involved in confusion.
Adams’ chart is fascinating, but one must be wary about using
it because she gave different years of birth on different occasions.
The 3:00 AM time is here accepted as relatively valid. A slight
rectification is proposed, using a time of birth of 3:02:38 AM (give
or take some seconds). This time advances the Ascendant by about a degree
and the MC as well, which fits well with certain Solar Arc directions
(SADs) at the time that Morgan met his first wife, with whom he was
deeply in love.
A Few Points
Some of the photographs of J. P. Morgan are very different
from each other. This is understandable for two reasons.
As a young man he was what most would judge as handsome.
In middle age, he suffered from an inherited skin disease (Chiron at
the fourth house of inherited karmic conditions) called rhinophyma,
which caused a deformity to his nose, called “a hideous deformity.”
Thus, his appearance in later years is much altered from earlier photographs.
It is likely, as well, that the disfiguration caused
by the disease aroused in him a self-protective, psychological compensation,
perhaps an even more aggressive and intimidating bearing.
In the case of Morgan, the signature of Aries is an intense
and penetrating stare and a strong concentration of energy where the
brows come together. He was possessed of a “self enclosed intensity”
upon which everyone seemed to remark—a quality typical of the
The frontal baldness is sometimes found with Aries (at
least a thinning of the hair in front), but with Leo it is frequently
found. We must remember that the position of the planet which rules
the Sun (the exoteric ruler, when it comes to physiognomy) and
the exoteric ruler of the Ascendant are both powerful physiognomical
indicators. Mars in Leo is, for Morgan, a tremendous indicator and adds
to his commanding presence.
Later, according to one photographic image at least,
he shaved his head. This added to his imposing appearance. One knew
that one was in the presence of power.
There was a more feminine, Venusian aspect to his character—more
passive—and one sees this in only one of the collected iimages,
the image of Morgan when still a relatively young man.
Some of the usual indicators of Aquarius—early
graying, bristling hair and what might appear as ‘electric curls’,
nervous manners, cannot here be determined. Nor does Aquarius stamp
its “natives” with features as remarkable as in some other
We do know that Morgan could not stand to be alone (a
trait of many Aquarians, especially before they have learned introspection).
He led a frenetic social life and frequently suffered from bouts of
depression (a trait upon which the Tibetan Teacher comments in relation
the Aquarian character). (EA 141-142)
He also suffered from a number of strange, nervous disorders
(exacerbated after the death of his first wife). These, too, may implicate
Aquarius and very probably, Uranus, which is in the first house of the
proposed chart, placed in the obscuring and indefinite sign Pisces.
It should also be realized that if the birth time is
advanced by less than seven minutes, the Ascendant changes to Pisces,
a sign of passivity compared with sometimes blustering Aries/Leo. There
was a well-hidden Neptunian/Venusian side of Morgan’s character,
his gruff exterior notwithstanding.
Rays of J. Pierpont Morgan
Judging from his life and appearance, the rays which
dominate are the first and the third. It is difficult to tell which
might be the soul ray and which the ray of the personality. His focus
was the field of business and he was surely what the Tibetan would call
an “advanced man”—whether or not one could call him
an aspirant. The business field is frequently ‘populated’
by souls focussing on the third or seventh ray. One can fairly easily
dismiss the prominence of the seventh ray in Morgan’s case (although
he was a powerful organizer, and rising Uranus would make this ray accessible)
largely because of his individualistic attitudes and aggressiveness.
The third ray is surely the greater possibility as he was a great manipulator
of immense wealth and was forever planning and scheming in relation
to new enterprises.
This ray of what might be called ‘intelligent materialism’
emerged early in his life. As a natural born financier, Morgan, the
teenager, loved spreading his bank account among dozens of different
foreign currencies, and he even devised a mock trading and investment
banking “game” with his cousin. This was a harbinger of
things to come and is an entirely third ray activity. He spent so much
of his life “wheeling and dealing” with huge sums at stake.
Always looking for a better bargain, He was intimately related to the
third ray Law of Economy.
As well, we simply must include the first ray of Will
and Power. Everything about his presence is commanding (whether
or not part of his stance is compensatory). Everyone compensates, but
first ray types are adept at using power compensatorily. His
powerful Aries Sun-sign, ruled by assertive/aggressive Mars placed in
the first ray sign, Leo, gives a very significant inlet for first ray
energies. So does Uranus rising.
Taken together he has four planets and the asteroid,
Ceres, in ray one Aries, and two planets in ray one Leo. This makes
six of the usual planets in first ray signs (along with the other rays
these signs transmit). First ray Capricorn is not tenanted, but Saturn,
the ruler of Capricorn, must be significant in someone with so much
third and first ray..
The conventional inlets for the third ray are not so
many. In fact, none of the third ray signs are represented. However,
a soul upon the third ray would naturally express through the planets
associated with that ray—in this case Saturn and the Earth.
Saturn is in the power-accumulating sign Scorpio (the
sign associated with the act of “cornering the market” or
monopolizing), and third ray Earth, heliocentrically, would be placed
in third ray Libra in house eight, archetypally ruled by Scorpio.
Morgan’s love of art and the more tender aspects of his
character point to the need for a soft-line ray somewhere. It may be
that fourth ray was the ray of the mental body (though much first ray
seemed to be present in his rather laconic pronouncements). Fourth ray
Mercury, esoteric ruler of his Aries Sun is placed in Aries, and pressureful
Saturn in struggling Scorpio (especially if Saturn is the ‘ray-ruler’
of his soul) would provide plenty of conflict. We must account for Morgan’s
relationship to art. Financially the motives are obvious. It is important
to assess the depth of his aesthetic relationship as well. He is said
to have loved art, though he could not really ‘speak’ of it.
The astral body cannot be the second. The sixth is far
more probable and suggested by the configuration of Neptune in the twelfth
house opposed the Mars/Jupiter conjunction in the sixth. Morgan, as
his father before him, conceived himself a patriot, and proved his patriotism
(financially) on a number of occasions. In his eyes great wealth was
nothing to be ashamed of and he used it, so he would say, to build his
nation and sustain its prosperity. Jupiter/Mars oppose Neptune definitely
signals idealism rather than cynicism (despite the economic “hard
ball” he undoubtedly played as a preeminent “robber baron”
of his day).
The physical body is probably the third, although there
is a very close sextile between Saturn in Scorpio and the Moon in Virgo,
an aspect which would confer some precision and exactitude on the physical
plane. He did begin his work as an accountant.
So, then, fundamentally, was J. P. Morgan focussed upon
the first ray in his soul nature or the third? Either is possible and
every profession is filled with those upon all the rays. These AAB’s
words: “People of all kinds and professions are found on all the
rays”. (DINA I xiv) Further, from
the Tibetan: “The artist is found on all rays, just as is the
engineer or the physician, the home-maker or the musician. I want to
make this clear, for there is much misunderstanding on this matter”. (EP I 49) Also: “The creative artist is found equally on
all rays, without exception” (EP II 41)
Morgan was a great “tycoon”. His expression of the first
ray was undeniable. But was it his deepest motive? Was it the “end”
or the “means”? Further, did the third ray appear to be the ray of the
personality, for it would surely have to be if the first ray were his
soul ray? To conceive of Morgan as a third ray personality is more difficult.
The author leans towards the third ray soul and the first
ray personality. In the ‘obvious man’, the “outer
man” was concentrated great power, reinforced by the aggressive
power of Aries, the foremost first ray sign. Behind it all, however,
in the soul nature, it would seem that the Law of Economy was being
served, and better ways to handle the “things by which men live”
were being devised, however much selfishness and greed entered the process.
As for what may have been the deeper—the spirit
ray, the monadic ray—there is no way for us to tell. It is undeniable
that great power came through J.P. Morgan as well as acute intelligence
in the field of business. The primary or monadic ray sets its indelible
stamp upon people, but it is subtle. The Masters, however, can detect
it readily; we can only infer concerning the possibilities. The first
ray is, of course, a possibility—but so is the third. The author,
however, finds it unlikely that, in this case, two third rays would
exist at the very highest positions of the energy system. The question
cannot be resolved at this time.
Points of Astrological
One of the points used in deriving the rectification,
other than the Solar Arc directed Neptune and Jupiter at the time J.P.
Morgan met his first wife, Amelia, was the Sabian Symbol of the rising
degree rising. In the proposed, slightly rectified chart, the twenty-eighth
degree of Aquarius is rising. Its symbol is: “A Tree Felled and
Sawed to Ensure a Supply of Wood for the Winter”. A further description
gives: “Knowledge and skill used in their natural surroundings
for the satisfaction of basic vital needs”. The keywords are:
“Intelligent Foresight”. The choices of other degree symbols,
resulting from the use of other times near the 3:00 AM time of birth,
were far less appropriate. Not only does this “providential”
degree correlate with the character of a man who was frequently thinking
and speaking in terms of his “providential responsibilities”,
but the timing of cycles work out better with this degree rising than
with the former degree derived from the 3:00 AM time, though one could
work at justifying the meaning of the previous degree which signaled
delicacy of feeling and artistry.
One of the first features of the chart to strike our
eye is the gathering of Aries forces concentrated in the second house
of resources and finance. (Technically, only Pluto lies outside the
second house, very slightly on the first house side, but so closely
conjunct the second house cusp that it must be read “into”
the second house. In a time even slightly earlier, Pluto would technically
be in the second house.)
Aries, as we know, is the sign through which the first
ray expresses most powerfully at this time. Whether this concentration
of Aries planets (this stellium) is a conduit for personality or soul,
it is a definite and powerful reinforcement to first ray energies in
the energy system of J.P. Morgan.
The stellium is divided into two parts: the Sun, Ceres
Mercury conjunction (which also includes the Taurean North Node, and
the Venus/Pluto conjunction.
With Sun is Aries in the second house, Morgan threw himself
into the acquisition of financial power. Through most of his life he
was in “headlong pursuit” (Aries) of ownership (second house,
and North Node in Taurus in the second house) and wide control.
With men of his type, the word “enough” hardly
exists. His considerable business acumen was spent in acquiring more
and more. Some would call it “greed”—not knowing how
much one really needs. Saturn in Scorpio square Jupiter conjunct Mars
in Leo would reinforce this. Morgan, however, would hardly call his
approach greedy. Perhaps he would speak of “building America”,
“strengthening the American economy”, “raising the
efficiency and intelligence of the American business community”,
and so forth. Judgment is related to the angle of vision of the perceiver.
Many thought of him as an “economic genius” (though in other
ways he was regarded as a “singularly inarticulate and unreflective
Morgan’s rise to power, however, was not smooth. There
were great financial battles as he wrested control from his business
opponents. Aries produces the warrior, and this he was, especially with
a proposed first ray personality. His field of battle was the business
field. With Mars so prominent he was most often victorious.
With Mercury also in Aries, he was forever dreaming up
new schemes to strengthen and improve what eventually became a tremendous
financial empire. This position made it possible for him to think about
organizing and reorganizing in new ways. The various indicators
of willfulness conferred the personal energy to carry out his plans.
We note that Ceres (the asteroid of nurturing and tending)
is closely conjunct his Sun and Mercury. He knew how to “take
care of” his resources. He “nurtured” them and made
sure they “grew”.
The North Node in Taurus provides a great economic directive:
“concentrate here”; and he did, accumulating and amassing.
Venus is found in the second house in Aries. He vigorously
pursued (Aries) whatever he thought to be of value (Venus)—whether
objects of art or fascinating women. Renowned as a lover of art, between
the years 1890-1913 he committed perhaps over half of his personal fortune
to the acquisition of one of the greatest art collections in the world.
The estimate value of his artistic acquisitions was between fifty and
one hundred million dollars—something like a billion dollars
in today’s currency. One of the most famous and beautiful art museums
in New York City is named for him and houses some of his collection.
He was a great collector of books as well.
We can see that he pursued art with an unrelenting intensity—Pluto
conjunct the Aries Venus. There must have been some “objets
d’arte” which he simply “had to have”. This must equally have been
true of the purported series of lovers he took over the course of his
When we look at the Moon placed in discriminating Virgo,
quincunx the Pluto/Venus conjunction, we can estimate that he would
have been both shrewd and discerning in his choice of purchases. This
position gives an almost instinctual understanding of value. Behind
his reputation of being “larger than life”, an astute sense
of economy was at work. The Saturn/Moon exact sextile shows that, for
all his extraordinary largesse, he could “count his pennies”
if necessary and drive a hard bargain.
Pluto placed so close to Venus (dispositing a Saturn
found in the sign of death and in the house of death) tells us something
about the loss of love he experienced with the death, by tuberculosis,
of his first wife, Amelia, less than six months after their marriage.
This placement reveals the possibility of a psychology which presumes
that ‘beauty and love will be taken from me’. On the other
hand, it revealed the intense pursuit of beautiful women and a willingness
to leave any one of them in pursuit of still another. Again, we can
understand how discriminating (Moon in Virgo in the seventh house) Morgan
was in his choice of mistresses. It is almost certain that he had three,
and there are reports of more.
Venus/Pluto is also a “beauty and the beast” aspect.
While Morgan was considered good-looking in his youth, his skin disease
disfigured his face and his nose especially, contributing to the image
of an old, rich yet somewhat repulsive man (Pluto) pursuing one beautiful
woman after another (Venus).
Of course, Morgan’s mistresses were discreet. Since divorce
from his estranged wife (they rarely spent time on the same continent)
was not an option, he lived as a man of his means and station could—but
this most intimate aspect of his life was not for public consumption.
Pluto is the planet of secrecy and that secrecy was applied (to the
extent it could be) to his love life.
It is said that Morgan was a “Victorian romantic”,
which meant his business persona was entirely other than his manner
of pursuing and tending his lovers. Three planets are involved in love,
art and romance—Venus, Neptune and the Moon. With Neptune in the
twelfth house (opposed by two planets of great enthusiasm—Mars
and Jupiter), Morgan could be called a ‘closet romantic’.
Neptune, the most romantic of these planets, was in the “closet”—i.e.,
the twelfth house. Neptune was also quintile to Venus (quite an important
aspect), providing some of the idealism for building up his art collection,
and his generosity in sharing it. Obviously his most intense and personal
emotions were not to be displayed in public, but the chart shows they
definitely existed. He needed this artistic, aesthetic part of his life
to balance his dealings with money, steel and securities.
When thinking of the romantic aspect of Morgan’s
life, we should not overlook the placement of Juno (the asteroid of
unbion) in its own sign Libra—opposed to his Sun and Ceres. This
position shows one who values intimate partnership highly, and
also values marriage. This placement is one of the reasons why divorce
was not an option. We can also see the dynamic tension between his great
individualism and self-assertiveness (Aries) with a more conciliatory,
considerate side (especially in relationships with the “fair sex”).
He may have been a “tiger” on Wall Street, but much softer
in his intimate relationships. Further, this position shows that he
really needed such relationships. They were a great balancing
factor in his life.
His first marriage had been for love and we notice a
remarkable prominence of Jupiter and Neptune when he first met his wife-to-be,
Amelia, in 1857. We note that Solar Arc directed Neptune (associated
with his hidden romantic side, and the esoteric ruler of his fifth house
of love affairs) has just crossed the proposed Ascendant, and SAD Jupiter,
associated with love and the heart (a planet natally conjunct passionate
Mars) has just crossed the Descendant (the point of partnership and
The heart and solar plexus were active, especially as Neptune and Jupiter
are closely quincunx in the natal chart. We do see, however, that transiting
Chiron is opposing natal Mars, promising the wound that was to be, and
the progressing Moon had just crossed the IC and both natal and progressed
Chiron at the cusp of the third. Amelia died of tuberculosis five years
later. They met when Morgan’s Moon was in Gemini (the sign of
The marriage took place on October 7, 1861 and was rapidly
followed by her death on February 17, 1862.
At the time
of the marriage, we notice that there is a solar eclipse on the progressed
MC. Transiting Uranus is hovering near the IC and wounding Chiron (implicated
when they met) is hovering at the Ascendant, activating its natal position
on the fourth house cusp, the IC. Note that SAD Chiron in Cancer would
always be found on his progressing IC, as they would move together at
the rate of the progressing Sun. Thus this painful aspect haunted him
during his entire life. But the time of the wedding was no doubt happy
as the processed Moon was closely conjuncting progressed Jupiter.
The death of Amelia shows transiting Uranus exactly at
the fourth house cusp, conjuncting natal Chiron—a deep and life-transforming
wound. The loss probably contributed greatly to his future approach
to love and intimacy.
When Morgan married his second wife, Frances Louisa Tracey,
Solar Arc Directed Saturn was culminating at the MC. This marriage provided
him with three daughters and a son, but he and his wife grew rapidly
apart. The marriage was part of the Saturnian establishment but did
not call forth from him the spontaneous love he had for his first wife,
a number of significant “oppositions” in this marriage.
Notably, there was a solar eclipse which followed the marriage by just
four months was 27°Libra18’ exactly opposed his 27°Aries05’
Sun. Further, and most significantly, transiting Saturn was opposed
to his natal Sun and thus the Libra solar eclipse was almost exactly
on the position of transiting Saturn at the time of the marriage. Considering
this with SAD culminating Saturn, we see a marriage which is more about
convention and family than about romantic love. Familial love there
may have been, especially at first, but romantic love was a hidden matter,
as the Neptune, Venus and Pluto positions suggest. Natally, Saturn is
in difficult aspect (an inconjunct) with his Pluto/Venus conjunction,
showing the conflict between the respectable Saturnian marriage and
his intense, passional love nature, lavished upon at least a few mistresses.
The Moon position conjunct the Vertex or “point
of fate”, may suggest an encounter with material responsibility
(Virgo) which had somehow been evaded in the past. The Vertex can be
thought about as suggesting inescapable confrontations with previously
neglected areas of life. Certainly, Morgan was involved with the “matter”
and “matters” of the world. He has an ‘instinctive
feel’ for matters of ‘substance’. Some would say that
he was materialistic, and surely he did surround himself with all the
outward evidences of material success. But Morgan’s deeper interest
(the interest of his soul, however much the personality was sensitive
to the higher influence) was in the economic growth of America and (obsessively)
The close Moon/Saturn sextile, only seven minutes of
arc from exact, is an example of past achievement. It represents a solid
grounding in the Law of Economy upon which he could securely build.
Speaking of Saturn, it would be the planet distributing
the hypothesized third ray of his soul, and, thus, powerful. It is in
a retrograde position. There is something here about his relationship
to his father Junius (whom he admired), and to his son, whom he neglected
(though he son entered the family dynasty easily and became very successful,
carrying on in his father’s footsteps). J. P. Morgan, it seems,
had done the same.
J.P. Morgan obviously was a great calculator—an
ability conferred, one way or another, by the third ray. He could plan
and organize brilliantly. One can imagine that he “held his cards
close to his chest”—meaning that he kept his own counsel
as he brooded over the possibilities, however forcefully he released
them upon the world.
Saturn in Scorpio can represent selfishness and a determination
to achieve power—in this case financial power. Saturn is
a first ray planet (as well as the leading planetary expression of the
third ray), and Scorpio has much of the first ray expressing through
it. This position contributed to the conceptualization and implementation
of effective financial strategies.
Not only does Saturn quincunx Venus/Pluto but it does
the same, though widely, to Chiron (a planet of great psychological
importance to Morgan). There were many wounds in hisearly years (psychological
and genetic), and these, Chiron represents. Through the amassing of
financial power, enhanced greatly by strategic Saturn in Scorpio (the
“money of others”) some compensation for these wounds may
have been achieved. It is an old story: if love is lacking, try money.
If we focus on Mars and Jupiter we shall see the source
of vaulting ambition and the will-to-“take over” and dominate
all rivals. Jupiter and Mars together are nothing if not expansive and
placed in Leo, there may have been more than a little “ego”
involved. We note that the conjunction is in the sixth house of business
and of health. It contributed to his reputation as an ardent sportsman.
The strength of the conjunction is reinforced by the close parallel
between these two planets.
Morgan was ever breaking through barriers, increasing
his power, swallowing up lesser rivals, broadening his base of power.
This he did both assertively (Sun Aries, Mars/Jupiter in Leo—six
major planets in “fire”) and strategically and quietly (Saturn
in Scorpio sextiling the retiring Moon in Virgo).
Jupiter and Mars are rulers of visionary Sagittarius.
They are not content with the status quo. The square from Saturn represents
a tension between secrecy and overt expansiveness.
When people have an image of Morgan as “larger
than life” and full of bombast and disregard for others, it is
this Mars/Jupiter conjunction they are feeling. We could hardly talk
in his case of the energy of the solar plexus (Mars) rising to the heart
(Jupiter), but through his many philanthropies this process was certainly,
at least, started. Mars and Jupiter together can be generous in a big
way, and the list of his donations is impressive and even touching (such
as the million dollars he gave to build a lying-in hospital to provide
first class maternity care especially for poor women).
The rising planet is Uranus distributing the seventh,
third and first rays. It is the planet of organization and re-organization,
and, essentially, a planet of synthesis and simultaneity. Through
it (since it is the exoteric ruler of the Aquarian Ascendant) we can
see the boldness of Morgan’s policies. His moves towards mergers,
amalgamations and major restructurings changed how business was done
in America, and went a long way towards building our present corporate
Uranus is a planet of individualism. It is powerful in
the charts of dictators. Morgan was, in a way, a financial dictator
(Aries and Uranus). It is interesting to see how many times the phrase
“single-handedly” is used in connection with great initiatives
undertaken. The position of Uranus in Pisces, however, shows that a
number of the changes instituted were for the benefit of the less-fortunate
(whom Pisces rules).
The rising Uranus is another distributor of the first
ray. It confers the urge to improve, transform and restructure—a
characteristic dynamic in Morgan’s life. We note that Uranus is
inconjunct to Jupiter, showing Morgan’s optimism and unquestioning
confidence in the many great changes he initiated.
We find committed Vesta rising in Aquarius, conjunct
the Ascendant. Morgan, the great individualist, found himself intensely
focussed on large groups—his own groups gathered within his financial
empire, but also the many groups and individuals constituting the American
economy. He focussed on the energy flows within the national economy—seeking
to enhance it (not only for himself but, in his best moments, patriotically
for the sake of the nation). He was one of the builders of America,
and so it is significant to find Aquarius, the sign of America’s
soul as his Ascendant or soul indicator).
The superficial aspects of Aquarius were there, yes—he
was ever “on the go”, surrounding himself with interesting
people, playing the host in a remarkably extroverted manner, disliking
solitude (probably because of his depressions—Saturn in Scorpio
and the “down-side” of Aquarius), but he necessarily thought
in terms larger than himself. His position in life almost forced him
to do so.
Thus we see a fascinating contradiction. He has two signs
of great individualism, Aries and Leo, prominent in his chart, but at
the same time, spiritually, he was an Aquarian, interested in the future
(especially the financial future) of America and, on occasion, working
in a close and trusted position with numerous American lawmakers to
provide for the economic welfare of the nation. Appearances to the contrary,
he was far from a thoroughly selfish man. He was an Aquarian sponsor
and patron of many worthy individuals and causes, breathing financial
life into them, as an Aquarian would do.
If the dynamics are viewed spiritually, we can see how
J.P. Morgan progressed from a Marian attitude of “rugged individualism”
(and, indeed, he was a formidable individual—one of the most “feared”
of men) to increasing social responsibility and social creativity (albeit,
not according to the standards we presently apply to social transformation
and welfare—for Morgan flourished well before the federal
income tax and the redistribution of wealth represented by the “New
Towards the end of his life he said something remarkable,
shedding light on the Aries/Leo transition to Aquarius. He was called
before Congress in the “Pujo hearings” intended to challenge
a “money oligarchy” in America and its unchecked monopolism.
His ship, the Titanic had just sunk, and he was near to the end of his
life. “It will never do,” he testified, “to say that
unchecked power is a good thing because it is in the hands of good men.”
In this statement—perhaps a realization of wisdom, perhaps a ploy
to gain favor with his Congressional investigators—he repudiated
the manner in which he had risen to power and sustained his power. Clearly
he was one of the “good men”; this is how he saw himself.
His power (gathered through the methods of the two power signs, Aries
and Leo) had been “unchecked”; even the government had little
to say about what he could do and not do. Now he was advocating another
Was J. P. Morgan moving towards a more Aquarian position—not
just using Aquarius for his own economic advantage, but thinking
in terms of the Aquarian idealism which characterizes the soul of America?
The sinking of the Titanic was the sinking of the Edwardian
Age—his age. When he died, amidst all the laudatory phrases,
these words stand out: “Never again will conditions of government
make it possible for any financier to bestride the country like a Colossus…”
The peroration went on to praise Morgan: “having
greater force, greater character, greater intellect and greater vitality
than any other man on Wall Street, he naturally became the leader and
remained the leader…in time little will remain except the feeling
however much ability and strength and genius that man possessed.”
The chart for the sinking of the Titanic, which occurred
less than a year before he died is remarkable, again involving the axis
on which his Sun is placed.
The eclipses are
unusually powerful. In October of 1911 we note an eclipse exactly opposite
Morgan’s Aries Sun and on April 1, 1912, just eleven days before
the sinking of the Titanic, we note an exact eclipse—exact—to
the degree and minute of arc on J. P. Morgan’s natal Aries Sun
(27°Aries05’). This is remarkable in the extreme, considering
the adversity through which he was passing—the great tragedy of
the Titanic (and the financial loss involved), the Congressional hearings
which followed shortly afterwards, and his imminent death. A solar eclipse
late in life, when it falls on the natal Sun, is often a sign of impending
Although the Congressional hearings (represented by transiting
Saturn square the natal Asc/Dsc) were challenging, Morgan survived the
encounter admirably, in fact, with a great elevation to his reputation.
Transiting Jupiter was crossing his MC. It was included that he had
no deliberate monopolistic intentions. His reputation as an American
patriot and benefactor was intact.
Over the several months preceding his death, transiting
Pluto was hunting the progressing Moon making contact with it in December
of 1912. Progressing Mars was on the natal Vertex. It would seem that
after the sinking of the Titanic (was he not a ‘Titanic’
personality?) and his exoneration from wrongdoing, the death knell had
been sounded. It was only a matter of time. The really dramatic eclipses
occurred in 1912. The death on March 31, 1913, was just the effect of
causes set in motion earlier.
The death chart for March 31, 1913, shows Chiron (such
a very important planet for Morgan) exactly square his MC/IC and Saturn
transiting his Equatorial Ascendant. Jupiter, the planet of release
had been transiting opposite his progressed Sun and Moon, both in Cancer,
and related in the balsamic phase of closure. In addition, on April
6 1913 there was a solar eclipse on Pluto, the planet of death and also
on Venus; transiting Uranus was on Neptune, and transiting Pluto was
conjuncted to the Part of Fortune, representing vital and vitalizing
energy flows between the Sun and Moon.
Some remarks should be made concerning Chiron which,
natally, is conjuncted to the IC—a very powerful position. This
is the signature of deep-seated wounds, not only from childhood but
from other lives. Morgan compensated mightily for the wounds of childhood.
He became one of the most powerful men in the world. But Chiron exacted
its toll through hereditary conditions—seizures (Uranus rising
square Chiron), obscure ailments, crippling headaches (Aries, too),
depressions, exhaustion, and finally the disfiguring hereditary disease,
rhinophyma. We can see how much pain Chiron brought into Morgan’s
Perhaps the higher meaning of Chiron involves his almost
parental guidance of the US economy at a number of important junctures.
If his early and later home life had been dissatisfying, he seemed to
make America his home and played the role of guide and protector on
a number of financially critical occasions.
of the Fixed Stars.
There is a contraparallel of the Sun to Spica and, conversely,
a parallel of Spica to the heliocentric Earth. This star represents
the wheat sheaf held by the goddess of fertility and confers brilliance
upon anything it touches. In this case, it may represent a brilliant
way to provide for material needs. Spica is the symbol of the harvest,
and signals Morgan’s attitude to abundance and “Divine Providence”
and his providential attitude towards society.
Venus is closely parallel to the verbally assertive star
Bellatrix. While Morgan was not a verbally articulate man, he was probably
related to a number of women who were so. This position probably also
adds to the assertiveness with which he gathered his art collection.
Mars in Leo is in conjunction with a major Leonian star
which strengthens the personality and individualism. In that configuration
which is called “The Pointers”, Dubhe represents personality
and “ahamkara” (the principle of selfhood) and Merak indicates
soul. In Morgan’s case this conjunction would strengthen his personal
power, his will-to-dominate, and his sense of himself and of his own
importance. With Mars, the combination is a powerful first ray indicator.
Vertex is parallel to Procyon—giving foresight
and rapid response to quickly passing opportunities. With aspects to
the angles, of which the Vertex is one, must depends upon the close
accuracy of the birth time.
Finally, Regulus is powerful through its close conjunction
to the Descendent and its opposition to the Ascendant. This is a power
star of regulation, and shows the control which Morgan exerted in so
many legal and contractual matters ruled by the seventh house. It also
shows him as a controlling individual in his close relationships,
or as subject to control (an apparent contradiction, but only apparent).
Where did J.P.
Morgan stand on the ladder of human evolution? Some called him a genius,
some a rogue. Powerful men are usually feared or envied. They can also
be loved and respected. Certainly Morgan was respected, envied, feared
and admired. He was something of a phenomenon and inspired a sense of
awe. When he made a move, all those concerned with finance and government
took notice. Was he universally loved? Hardly, but some appreciated
his exceptional qualities and their admiration bordered on love.
Morgan was what the Tibetan would call an “advanced man”
with a “dominant personality”. He was certainly conscious
of “God” and “country” and his philanthropies
helped many. His financial battles probably hurt many as well.
The more one
thinks about him, the more we can see him working in relation to the
Master R.’s department, the Department of the Mahachohan (though
the Master R. was not yet Mahachohan during Morgan’s last incarnation).
His work was with the economical life of man. He was an innovator, organizer
and synthesizer of the systems by which human beings gain their livelihood.
He was a manipulator of the energy streams by which people materialize
their hopes and dreams.
Could we call
him a “disciple” as esotericists use that term? Perhaps, we could not—at
least not yet. Could we call him an aspirant? Probably we could—especially
in his better moments. We have to remember that the Tibetan called the
US President Woodrow
Wilson (a distinguished individual, president of a university and
promoter of the League of Nations) simply an “aspirant”.
was a man of vision and a man of action. His approaches to business
shaped business practices in the late nineteenth and early twentieth
centuries, and are still influential today. One of his legacies is the
tremendous power of the American business community. His policies encouraged
the emergence of great corporations (for better or for worse) and in
this respect, he was in tune with the Aquarian principle of group creativity.
He was also
instrumental in bringing more culture and beauty to America, providing
American museums with priceless works of art for the edification of
the American nation.. Like so many of those on the Master R. line and
working in the Department of Civilization, his work was with the material
foundations of society, providing for a more organized and efficient
way of life. He was a “Builder of the Foundation” (one of
the names of the Third Ray Lord).
If we value
what the financial community has given to humanity, we have to value
and respect the efforts of J.P. Morgan—a ‘King of Finance’
who in later life awoke to needs far larger than his own and tried to