Jay Cooke Letters, 1875, [1884 or 1886 ?]

Summary

Creators:

Cooke, Jay, 1821-1905.

Extent:

.02 linear feet (1 folder)

Language:

English.

Background

Scope and content:

Two letters (ALS) from Civil War financier Jay Cooke (1821-1905), dated 1875 and 1884 or 1886, the latter declining an invitation to write about the financial aspects of the war, saying he feels it still is premature. During the Civil War, Jay Cooke & Co. of Philadelphia developed the idea of selling government bonds, which capitalized on feelings of patriotism at the time and which were a major source for financing the war. Cooke later was heavily involved in financing (unsuccessfully) the Northern Pacific Railroad, which led to the Panic of 1873, but later recovered much of his financial loss through investment in Utah mining interests.

Acquisition information:

Undetermined.

Physical location:

Vault

Location of this collection:

UC Santa Barbara, Special Research Collections

UC Santa Barbara Library

Santa Barbara, CA 93106-9010, US

Contact:

(805) 893-3062

special@library.ucsb.edu

Website