A Freighter of the Great Lakes - Fort William, Ontario, Canada. Lake freighters, or Lakers, are bulk carrier vessels that ply the Great Lakes. This Laker if the J P Morgan Jr. which transported steel. J P Morgan Jr. was named after John Pierpont "Jack" Morgan, Jr. (1867-1943) - an American banker and philanthropist who resembled his father in his dislike for publicity and continued his father's philanthropic policy.