1982 Volume 46 Issue 5 Pages 43-47
The establishment of Yellowstone National Park has been mainly explained in terms of its discovery by expeditions. But why this park should have been established in 1872 is still under question. In this study, aspects seen from economic history are analysed, and Jay Cooke, a powerful financial capitalist at that time, is inferred to have been most instrumental in the advancement of the park bill.