Encyclopedia - Business/Economics Category

Business/Economics - learn from the smartest.

Upgrade to Britannica Online

Take a tour, New improved britannica online

Imagine Britannica's 32-volume encyclopedia online right there for you, plus full access to articles. Amazing content, written by world experts, that you can cite for projects and assignments.

Click here for Britannica shop

Cooke, Jay

Cooke, Jay extract from Britannica Online.

(born Aug. 10, 1821, Sandusky, Ohio, U.S.—died Feb. 18, 1905, Ogontz, Pa.) U.S. financier and fund-raiser for the federal government during the American Civil War. He entered a Philadelphia banking house at age 18 and opened his own in 1861. That same year, he floated a $3 million war loan for the state of Pennsylvania. During the next four years he organized the sale of hundreds of millions in bonds for the federal government. Cooke's effort to finance construction of the Northern Pacific Railway in 1870 led to his firm's failure, but he rebuilt his fortune within a decade.

Cooke, Jay is one of 26,000 free short articles on Britannica Philippines

Find more information on Cooke, Jay. Upgrade to Britannica Online for more on Cooke, Jay.

  • Get more

  • M?ss?ng more?

    Subscribers see 10 times more content. Just US $69.95 per year

  • Britannica, just as colourful as The Philippines
  • There's more to Britannica Online than words! Discover photos, graphics, videos, charts, as well as thousands of expert views and articles by the world's leading scholars.