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COOK ISLANDS—COOKE, JAY
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was a Cook’s excursion from Leicester to Calais and back for £1:10s. The following year saw the first grand circular tour in Europe. This part of Cook’s activity largely increased after 1863, when the Scottish railway managers broke off their engagements with him, and left him free for more distant enterprise. Switzerland was opened up in 1863, and Italy in 1864. Up to this time “Cook’s tourists” had been personally conducted, but now he began to be an agent for the sale of English and foreign tickets, the holders of which travelled independently. Switzerland was the first foreign country accessible under these conditions, and in 1865 nearly the whole of Europe was included in the scheme. Its extension to the United States followed in 1866. For the benefit of visitors to the Paris exhibition, Cook made a fresh departure and leased a hotel there. In the same year began his system of “hotel-coupons,” providing accommodation at a fixed charge. The year 1869 was marked by an extension of Cook’s tours to Palestine, followed by further developments of travel in the East, his son, John Mason Cook, (1834–1899), being appointed in 1870 agent of the khedivial government for passenger traffic on the Nile. The Franco-German War of 1870–1871 was expected to damage the tourist system, but, as a matter of fact, encouraged it, through the demand for combination, international tickets enabling travellers to reach the south of Europe without crossing the belligerent countries. At the termination of the war a party of American freemasons visited Paris under J. M. Cook’s guidance, and became the precursors of the present vast American tourist traffic. At the beginning of 1872 J. M. Cook entered into formal partnership with his father, and the firm first took the name of Thomas Cook & Son. In 1882, on the outbreak of Arabi Pasha’s rebellion, Thomas Cook & Son were commissioned to convey Sir Garnet Wolseley and his suite to Egypt, and to transport the wounded and sick up the Nile by water, for which they received the thanks of the war office. The firm was again employed in 1884 to convey General Gordon to the Sudan, and the whole of the men (18,000) and stores necessary for the expedition afterwards sent to relieve him. In 1889 Thomas Cook & Son acquired the exclusive right of carrying the mails, specie, soldiers and officials of the Egyptian government along the Nile. In 1891 the firm celebrated its jubilee, and on the 19th of July of the following year Thomas Cook died. He had been afflicted with blindness in his declining years. His son, J. M. Cook, died in 1899, leaving three sons, all actively engaged in the business.


COOK or Hervey ISLANDS, an archipelago in the Pacific Ocean, lying mainly between 155° and 160° E., and about 20° S.; a dependency of the British colony of New Zealand. It comprises nine partly volcanic, partly coralline, islands, the more important of which are Rarotonga, hilly, fertile and well watered, with several cones 300 to 400 ft. high, above which towers the majestic Rarotonga volcano (2920 ft.), the culminating point of the archipelago; Mangaia (Mangia); Aitutaki, with luxuriant cocoa-nut palm groves; Atui (Vatui); Mitiero; Mauki; Fenuaiti; and the two Hervey Islets, which give an alternative name to the group. The total land area is 111 sq. m. Owing to its healthy, equable climate, the archipelago is well suited for European settlement; but the dangerous fringing coral reefs render it difficult of access, and it suffers also from the absence of good harbours. The natives, who are of Polynesian stock and speech, have legends of their emigration from Samoa. They say their ancestors found black people on the islands, and the strongly Melanesian type which is found, especially on Mangaia, supports the statement. The Cook Islanders were formerly man-hunters and cannibals, but they now are nearly all Protestants, wear European dress and live in stone houses. The total population is about 6200. Since 1890 the islands have enjoyed a general legislature and an executive council of which the Arikis (“kings” and “queens”) are members. But all enactments are subject to the approval of the British resident at Rarotonga, and a British protectorate, proclaimed in 1888, was followed by the annexation of the whole archipelago by the governor of New Zealand, by proclamation of June 10th, 1901. The archipelago was discovered by Captain Cook in 1777, and in 1823 became the scene of the remarkable missionary labours of John Williams, of the London Missionary Society. The chief products of the group are cocoanuts, fruits, coffee and copra. Lime-juice and hats are made.


COOKE, GEORGE FREDERICK (1756–1811), English actor, was born in London, and made his first appearance on the stage in Brentford at the age of twenty as Dumont in Jane Shore. His first London appearance was at the Haymarket in 1778, but it was not until 1794 in Dublin, as Othello, that he attained high rank in his profession. In 1801 he appeared in London as Richard III., Iago, Shylock and Sir Giles Overreach, and became the rival of Kemble, with whom, however, and with Mrs Siddons, he acted from 1803. His intemperate habits unfortunately grew more and more notorious, and on at least one occasion the curtain had to be rung down owing to the audience hissing his drunken condition. He visited the United States in 1810, and died in New York on the 26th of September 1811. A monument to his memory was erected in St Paul’s churchyard there by Edmund Kean.


COOKE, JAY (1821–1905), American financier, was born at Sandusky, Ohio, on the 10th of August 1821, the son of Eleutheros Cooke (1787–1864), a pioneer Ohio lawyer, and Whig member of Congress from that state in 1831–1833. Being destined for a commercial career, Jay Cooke received a preliminary training in a trading house in St Louis, and in the booking office of a transportation company in Philadelphia, and at the age of eighteen entered the Philadelphia house of E.W. Clark & Company, one of the largest private banking firms in the country. He showed such aptitude for business that three years later he was admitted to membership in the firm, and before he was thirty he was also a partner in the New York and St Louis branches of the Clarks. In 1858 he retired from the firm, and for the next three years he devoted himself to reorganizing some of the abandoned Pennsylvania railways and canals and placing them again in operation. On the 1st of January 1861 he opened in Philadelphia the private banking house of Jay Cooke & Company, and soon achieved signal success in floating at par a war loan of $3,000,000 for the state of Pennsylvania, whose credit had become notoriously bad. In the early months of the Civil War Cooke co-operated with the secretary of the treasury, Salmon P. Chase, in securing loans from the leading bankers in the Northern cities, and his own firm was so successful in distributing treasury notes that Chase engaged him as special agent for the sale of the $500,000,000 of so-called “five-twenty” bonds authorized by the act of the 25th of February 1862. To dispose of these bonds the treasury department had already tried every regular means at its command and had failed. Cooke secured the influence of the American press, appointed 2500 sub-agents, and before the machinery he set in motion could be stopped he had sold $11,000,000 more of bonds than had been authorized, an excess which Congress immediately sanctioned. At the same time he used all his influence in favour of the establishment of national banks, and organized a national bank at Washington and another at Philadelphia almost as soon as such institutions were authorized by Congress. In the early months of 1865, when the needs of the government were pressing, and the sale of the new “seven-thirty” notes by the national banks had been very disappointing, Cooke’s services were again secured. He sent agents into the remotest villages and hamlets, and even into the isolated mining camps of the West, and caused the rural newspapers to praise the loan. As a result, between February and July 1865 he had disposed of three series of the notes, reaching a total of $830,000,000. Through these efforts the Union soldiers were well supplied and well paid while dealing the final blows of the war; and, later, with money in their pockets, they were disbanded without difficulty.

After the war Cooke became interested in the development of the North-west, and in 1870 his firm undertook to finance the construction of the Northern Pacific railway. In advancing the money for the work, the firm over-estimated the possibilities of its capital, and at the approach of the financial crisis of 1873 it was forced to suspend. By 1880 Cooke had discharged all his