• American, Civil War Financier Jay Cooke Declines Proposition

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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 Civil War and the postwar development of railroads in the northwestern United States.  He is generally acknowledged as the first major investment banker in the United States and creator of the first wire house firm.

     

    One page 6 x 9 ½ ALS November 22nd, 1902, on his personal stationary, to unnamed recipients. “Gent[lemen] I share yours of the 21st respectfully, decline your proposition although fully appreciating & thanking you for it. Sincerely, yours, Jay Cooke”

     

    Toning, folds, evidence of mounting residue to the verso. A couple of holes to the date.  Beautiful Cooke signature.

     

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