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Definition of Jay Cooke
1. Noun. United States financier who marketed Union bonds to finance the American Civil War; the failure of his bank resulted in a financial panic in 1873 (1821-1905).
Lexicographical Neighbors of Jay Cooke
Literary usage of Jay Cooke
Below you will find example usage of this term as found in modern and/or classical literature:
1. History of the Northern Pacific Railroad by Eugene Virgil Smalley (1883)
"The head of the house, Mr. Jay Cooke, was an Ohio man, of a family of editors
and bankers ... Jay Cooke had a talent for what the French call grand finance. ..."
2. History of the United States from the Compromise of 1850 by James Ford Rhodes (1906)
"Thus Jay Cooke & Co. undertook to finance the Northern Pacific; Fisk and Hatch
... Jay Cooke & Co. had had a large experience in the marketing of government ..."
3. John Sherman's Recollections of Forty Years in the House, Senate and Cabinet by John Sherman (1895)
"Failure of Jay Cooke and Co. — Wild Schemes "for the Relief of the People" ...
This panic commenced by the failure of Jay Cooke & Co., of Philadelphia, ..."
4. Bulls and Bears of New York: With the Crisis of 1873, and the Cause by Matthew Hale Smith (1874)
"Jay Cooke completes the triumvirate, and his name will be imperishably identified
with the ... The man for the times appeared in the person of Jay Cooke. ..."
5. History of Philadelphia, 1609-1884 by John Thomas Scharf, Thompson Westcott (1884)
"... where Jay Cooke was born. When building this magnificent house, he determined
to preserve the name of his friend in childhood, and hence called it ..."
6. Peculiarities of American Cities by Willard W. Glazier (1884)
"Early History of New York.—During the Revolution.—Evacuation Day.—Bowling
Green.—Wall Street.—Stock Exchange.—Jacob Little.—Daniel Drew.—Jay Cooke. ..."
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