d States. Other plants were built or purchased, rolling mills and
blast furnaces established, and a great impetus given to this branch of
manufacture. He practically financed the Atlantic Cable Company, in the
face of ridicule, and made the cable possible, and he saved the
Baltimore & Ohio Railroad from bankruptcy by designing and building a
locomotive--the first ever built in this country--especially adapted to
the uneven country over which the track was laid.
The fortune thus acquired he devoted to a well-considered and practical
plan of philanthropy. His career had shown him the great value of a
trade to any man or woman. The schools taught every kind of knowledge
except that which would enable a man to earn a living with his hands,
which seemed to him the most important of all. He determined to do what
he could remedy this defect, and in 1854, secured a block of land in New
York City, at the junction of Third and Fourth Avenues, where, shortly
afterwards, the cornerstone was laid of "The Cooper Union for the
Advancement of Science and Art." It was completed five years later, and
handed over to six trustees; a scheme of education was devised and
special emphasis was laid upon "instruction in branches of knowledge by
which men and women earn their daily bread; in laws of health and
improvement of the sanitary condition of families as well as
individuals; in social and political science, whereby communities and
nations advance in virtue, wealth and power; and finally in matters
which affect the eye, the ear, and the imagination, and furnish a basis
for recreation to the working classes." Free courses of lectures were
established, a free reading room, and free instruction was given in
various branches of the useful arts. From that day to this, Cooper Union
has been an ever-growing force for progress in the life of the great
city; it has been a pioneer in the work of industrial education, which
has, of recent years, reached such great proportions.
Peter Cooper lived to see the institution which he had founded realize
at least some of his hopes for it. He himself lived a most active life,
taking a prominent part in many movements looking to the reform of
national or civic abuses. In 1876, he was nominated by the national
independent party as their candidate for president and received nearly a
hundred thousand votes. Since his death, the institution which he
founded has grown steadily in importance; other bequests have b
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