Portrait of J. P. Morgan, Jr. (1867–1943) in a Cambridge Robe

This portrait depicts J. P. Morgan, Jr., Pierpont Morgan's son and founder of this institution, wearing the robes of a Doctor of Laws, an honorary degree conferred by Cambridge University in 1919. The degree was a gesture of gratitude to the younger Morgan, who, as head of the firm J.P. Morgan & Co., provided financial support to the Allies during the First World War.