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This eccentric gentleman was resident at Constantinople as a merchant at the time Charles XII. of Sweden was in Turkey, in 1714, and contributed in a very munificent manner to the relief of the royal prisoner. Mr. Cooke well knew the Divan wished to get rid of the king, their prisoner, who always pleaded poverty and inability to pay his debts; and they having lent him money, were afraid to lend him any more. He, however, devised a scheme to assist him, and applied to the Lord High Treasurer, who heard the proposal with great satisfaction, but was surprised to be told, "Your excellency must find the money." To this he answered, by a very natural question, "How will you ever pay us?" Mr. Cooke replied, they were building a mosque, and would stand in need of lead to cover it, which he would engage to supply. Next morning the proposal was accepted, and the arrangements concluded.

Mr. Cooke then treated with the King of Sweden, and offered him a certain sum of money upon condition of being repaid in copper, the exportation of which from Sweden had been for some time prohibited, at a stipulated price. The offer was accepted, and the money paid to the king by the hands of La Mortraye, the well-known author of several volumes of Travels; and Mr. Cooke received an order upon the states of Sweden to be paid in copper, which he sold to a house in that kingdom, at an advance of 12,000l. sterling upon the first cost, besides the profit he obtained upon the sale of his lead. The money lent was not sufficient for the king's liberation; he stayed in Turkey till he had nothing left but a knife and fork. Upon hearing of the king's situation, Mr. Cooke one day surprised him with a present of his whole sideboard of plate; and for this conduct towards their sovereign his name was idolized by the Swedes.

Mr. Cooke was for many years in the commission of the peace for the county of Middlesex, and was three years governor of the Bank of England. He was a man of singular character, very shrewd, but highly esteemed, particularly for his unbounded munificence. Having made his will, whereby he had bequeathed 1,000l. to the clerks of the Bank, he resolved on being his own executor, and to give them the money in his lifetime. Accordingly, in the month of February, preceding his death, he sent a note of 1,000l. to the governor of the Bank, requesting that it might be distributed among the clerks, in the proportion of one guinea for every year that each person had been in their service, and the remaining 3l. to the porters.

Mr. Cooke died at Stoke Newington, 12th of August, 1752, aged eighty. By his own directions he was attended to the grave by twelve poor housekeepers belonging to a box-club at Stoke Newington, of which he had long been a generous and useful member. To each man he bequeathed a guinea and a suit of clothes, and as much victuals and drink as he chose; but if either of the legatees got fuddled he was to forfeit his legacy, and was only to receive half-a-crown for his day's work. Mr. Cooke's corpse was wrapped in a clean blanket, sewed up, and, being put into a common coffin, was conveyed, with the above attendants, in three coaches, to the grave close to a stile, near Sir John Morden's College, on Blackheath, of which he was a trustee. The corpse was then taken out of the coffin, which was left in the college for the first pensioner it would fit, and buried in a winding-sheet upright in the ground, according to the Eastern custom.

Cooke's widow maintained the same benevolent character with himself, and died at Stoke Newington, January 15th, 1763. They had issue two daughters, both of whom died before their father.