schooling. Despite this, he designed and built America's first steam railroad engine and made a fortune with a glue factory and iron foundry. He was a principal investor and first president of the New York, Newfoundland and London Telegraph Company, which laid the first transatlantic telegraph cable, and once ran for President under the Greenback Party, becoming the oldest person ever nominated for the office by a political party.
Cooper's dream was to give talented young people the one privilege he lacked: a good education from an institution which was "open and free to all". To achieve these goals, Cooper designated the bulk of his wealth to The Cooper Union. According to The New York Times in 1863, "It was rare that those of limited means, however eager they might be to acquire a knowledge of some of the higher branches of education, could obtain tuition in studies not named in the regular course taught in our public schools." Discrimination based on ethnicity, religion, or sex was expressly prohibited.
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