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Article Excerpt
M. John Lubetkin. Jay Cooke's Gamble: The Northern Pacific Railroad, the Sioux, and the Panic of 1873. Norman: University of Oklahoma Press, 2006. xviii + 380 pp. $29.95.
Two interrelated stories run through John Lubetkin's Jay Cooke's Gamble. One is the financial tale, with Jay Cooke in the starring role and with J. Gregory Smith (president of the Northern Pacific), Harris Charles Fahnestock (a brilliant banker), and Henry Cooke (Jay's brother) as supporting actors, as well as a large cast of railway investors, bankers, and politicians, including U.S. President Ulysses Grant. The other narrative is the action in the field, primarily conducted by the surveyors and their protectors. In this storyline, Thomas Lafayette Rosser takes the lead surveyor...
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