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Jay Cooke (August 10, 1821 – February 16, 1905) was an American financier who helped finance the Union war effort during the American Civil War and the postwar development of railroads in the northwestern United States.
Jay Cooke (born Aug. 10, 1821, Sandusky, Ohio, U.S.—died Feb. 18, 1905, Ogontz, Pa.) was an American financier and fund-raiser for the federal government during the American Civil War. At 18 Cooke entered the Philadelphia banking house of E.W. Clark and Co., and three years later he became a member of the firm.
Jay Cooke, founder of the bank. Jay Cooke & Company was a U.S. bank that operated from 1861 to 1873. Headquartered in Philadelphia, Pennsylvania, with branches in New York City and Washington, D.C., [1] the bank helped underwrite the Union Civil War effort.
18. März 2024 · Learn about Jay Cooke, a prominent American financier and railroad magnate in the 19th century. He financed the Union's war effort, the Northern Pacific Railway, and other major projects, but went bankrupt in the Panic of 1873.
Jay Cooke (1821–1905) was a prominent financier who sold US war bonds during the Civil War. His unpublished memoir offers insights into his role, methods, and views on banking, politics, and citizenship in Philadelphia and beyond.
When the banking firm of Jay Cooke and Company, a firm heavily invested in railroad construction, closed its doors on September 18, 1873, a major economic panic swept the nation.
1. Okt. 2013 · XVIII. INCREASING DIFFICULTIES WITH THE NORTHERN PACIFIC IN 1872. XIX. THE FALL OF THE BANKING HOUSE OF JAY COOKE, 1872-1873. XX. JAY COOKE CARRIES ON. Jay Cooke, Private Banker by Henrietta M. Larson was published on October 1, 2013 by Harvard University Press.
