Jay Cookes Gamble

In 1869, Jay Cooke, the brilliant but idiosyncratic American banker, decided to finance the Northern Pacific, a transcontinental railroad planned from Duluth, Minnesota, to Seattle M John Lubetkin tells how Cooke s gamble reignited war with the Sioux, rescued George Armstrong Custer from obscurity, created Yellowstone Park, pushed frontier settlement four hundred miles westward, and triggered the Panic of 1873 Staking his reputation and wealth on the Northern Pacific, Cooke was soon whipsawed by the railroad s mismanagement, questionable contracts, and construction problems Financier J P Morgan undermined him, and the Cr dit Mobilier scandal ended congressional support When railroad surveyors and army escorts ignored Sioux chief Sitting Bull s warning not to enter the Yellowstone Valley, Indian attacks combined with alcoholic commanders led to embarrassing setbacks on the field, in the nation s press, and among investors Lubetkin s suspenseful narrative describes events played out from Wall Street to the Yellowstone and vividly portrays the soldiers, engineers, businessmen, politicians, and Native Americans who tried to build or block the Northern Pacific. Download Jay Cookes Gamble – kino-fada.fr At center of Lubetkin s intertwined narrative are the railroad surveys of 1871 73, whereby the Northern Pacific Railroad, the pet project of financier Jay Cooke, sought workable routes across the northern plains The problem native resistance, by Hunkpapas and their allies, which harassed survey operations, precipitated several pitched battles, and most significant to Lubetkin s story, dampened and finally quashed investment in the NP, bringing down Cooke George A Custer comes to the foregrou At center of Lubetkin s intertwined narrative are the railroad surveys of 1871 73, whereby the Northern Pacific Railroad, the pet project of financier Jay Cooke, sought workable routes across the northern plains The problem native resistance, by Hunkpapas and their al...An interesting book about local history that makes me want to readI couldn t help thinking about the symmetry between current and past economic forces pushing the building of railroads and pipelines, wondering what has really changed.

• English
• 24 September 2017
M. John Lubetkin
• Hardcover
• 400 pages
• 0806137401
• M. John Lubetkin
• Jay Cookes Gamble