. Jay Cooke, financier of the Civil War . number of the early railway sys-tems of the United States such as the Pennsylvania,the Northern Central, the Philadelphia and Erie, and thePittsburg, Fort Wayne, and Chicago Railroads. brother-in-law, William G. Moorhead, who hadbeen identified with the unfortunate packet line, was bythis time president of the Philadelphia and Erie Rail-road. During the administration of John Tucker andother presidents of the Philadelphia and Reading Rail-road, the Clarks were the Philadelphia bankers of thatcompany. The firm also sold $500,000 worth of bonds


. Jay Cooke, financier of the Civil War . number of the early railway sys-tems of the United States such as the Pennsylvania,the Northern Central, the Philadelphia and Erie, and thePittsburg, Fort Wayne, and Chicago Railroads. brother-in-law, William G. Moorhead, who hadbeen identified with the unfortunate packet line, was bythis time president of the Philadelphia and Erie Rail-road. During the administration of John Tucker andother presidents of the Philadelphia and Reading Rail-road, the Clarks were the Philadelphia bankers of thatcompany. The firm also sold $500,000 worth of bondsfor the Allegheny Bridge Company and large loans forthe various transportation companies of the country weretaken and the securities distributed to the public throughits agency. When the Mexican War broke out, Mr. Cooke says, Clarks was considered the leading domestic exchange •house in the country and it was to have an important part in providing the money with which that war was successfully prosecuted. Jackson and his advisers, in f. ..V r-A- *\ It i ^


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