“Captains of industry”
Leaders in the areas of business and finance, as military officers labeled “Morgan, Dresser, Perkins, Schwab, Frick, Nixon, [and] Gates,” ride on horseback through the snow of a bitter winter and financial downturn in the shipping industry. To the far right are foot soldiers carrying the flag of the “Army of Stock Holders.”
Comments and Context
Cartoonist Pughe made an oblique acknowledgment to “a well known painting” after his own signature, yet he might have credited the French academician Messonier’s Retreat From Moscow. Instead of Napoleon, we see the disconsolate and leonine face of J. P. Morgan. Excepting the faces of the business titan and his lieutenants, this Puck cartoon virtually is a line-for-line recreation of the painting so famous at the time.