File:The progress of the Empire State a work devoted to the historical, financial, industrial, and literary development of New York (1913) (14804340613).jpg

Identifier: progressofempire01cona_0 (find matches)
Title: The progress of the Empire State a work devoted to the historical, financial, industrial, and literary development of New York
Year: 1913 (1910s)
Authors: Conant, Charles A. (Charles Arthur), 1861-1915
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Publisher: New York : The Progress of the Empire State Company
Contributing Library: Columbia University Libraries
Digitizing Sponsor: The Durst Organization

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nd the other of the chang-ing greenback. Indeed Mr. Cooke had scarcely a day offreedom from responsibility for the behavior of the marketfrom the panicky times in March, 1865, induced by thefall of the Confederacy, until the end of the year. OnAugust 18th Fisk and Hatch told Mr. Cooke that theirpurchases of 7-30S for that day for government account hadbeen nearly $1,500,000, all at 99^. They had got nearlythe same amount the day before at 99. The surplus whichcould not be sold in the course of the operations was turnedover to Assistant Treasurer Van Dyck (who had been ap-pointed to succeed John A. Stewart), to be held for a morefavorable market. The next day the price was againadvanced and Fisk & Hatch wrote that nobody smeltthe rat, the strength of the great 7-30 loan being thesubject of general comment and congratulation. Once more the editors were primed and the news- • Jay Cooke; Financier of the Civil War, by Ellis Paxson Oberholtzer, Philadel-phia, 1907, vol. ii., pp. 2-3.
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-^SL//// ISIDOR STRAUS Merchant and an; born u Bavaria. nited States in 1854, with hismother, and settled in Ta ollinsworth and was preparing to enter the Military Academyat West Point when he was p : by the outbreak of the Civil War. Mr. Straus went to New York in 1865, where, withhis father, he organized the firm of L. Straus & Son. Enteredrm of R. II. Mary & Co. in 1888, and of Abraham Straus, ofklyn, in 1893. Had an important interview with PresidentCleveland in the summer of 1893 on the necessity for an extra•n of Congress to repeal the Sherman silver purchase law.Was elected to Congress as a Democrat at a special election onJanuary 30, 1894. Became intimate friend of William L. Wilson,the Democratic leader, and aided him greatly in the contest forsound money and the Wilson tariff law. Was long an activemember of the Chamber of Commerce, serving as vice-president,and on important committees, including the special committeeon currency reform in 1906, which made the first

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