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JAY COOKE - AUTOGRAPH LETTER SIGNED 02/05/1902 - HFSID 35536

The American financier pens a letter regarding sending an admirer an autograph and magazine, dated 1902 Autograph Letter Signed: "Jay Cooke", 1p, 5¼x6¾. Ogontz, 1902 February 5. To Robert Goebel, Pine Grove, Cumberland County, Pennsylvania.

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JAY COOKE
The American financier pens a letter regarding sending an admirer an autograph and magazine, dated 1902
Autograph Letter Signed: "Jay Cooke", 1p, 5¼x6¾. Ogontz, 1902 February 5. To Robert Goebel, Pine Grove, Cumberland County, Pennsylvania. In full: "In addition to sending you my autograph as requested I will mail you a copy of the 'Era' a magazine [not included] just issued & containing something that may interest you & other of my Pine Grove fr'ds." Financier Jay Cooke (1821-1905) wrote this letter from his Ogontz, Pennsylvania home, Eildon, built in 1881. Cooke marketed government bonds for financing the Civil War, raising over $2,000,000 in 1861, following the battle of Bull Run. The fiscal agent for the U.S. Treasury (1862-1864, 1865), Cooke later financed the construction of western railroads. Problems in building the Northern Pacific Railroad (the second transcontinental railroad) forced Cooke to close Jay Cooke & Co., sparking the financial crisis of 1873. He later recouped his fortune with silver mines in Utah (1878-1879) and investments in real estate in the West. Lightly toned. Multiple mailing folds. Ink smear at "o" in Ogontz. Otherwise, fine condition.

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