Definition
Jacob Henry Schiff was a Jewish-American banker, businessman, and philanthropist. Among many other things, he helped finance the expansion of American railroads and the Japanese military efforts against Tsarist Russia in the Russo-Japanese War.
Jacob Schiff
What is ‘Jacob Schiff’
A banker and philanthropist who directed the National City Bank of New York, the Equitable Life Assurance Society, Wells Fargo and Union Pacific Railroad. Schiff also worked for, and later headed, the investment bank Kuhn, Loeb & Company.
Explaining ‘Jacob Schiff’
Schiff lived from 1847 to 1920. German born, he came to the United States in 1865. He began working as licensed broker in New York City in 1966. His success allowed him to help to finance various railroads, donate to many Jewish causes and make a large loan to Japan that helped it win the Russo-Japanese War.
Further Reading
- Jacob Schiff's Early Interest in Japan – www.jstor.org [PDF]
- Financing a foreign war: Jacob H. Schiff and Japan, 1904–05 – www.jstor.org [PDF]
- The varieties of thoughtlessness and the limits of thinking – journals.sagepub.com [PDF]
- JACOB SCHIFF AND THE ART OF RISK – link.springer.com [PDF]
- 9. Realpolitik Or Jewish Solidarity? Jacob Schiff's Financial Support For Japan Revisited – brill.com [PDF]
- Jacob Schiff and His Cohort – link.springer.com [PDF]
- THE ECONOMIC AND FINANCIAL POSITION OF THE JEWS IN MEDIÆVAL ENGLAND. PRESIDENTIAL ADDRESS – www.jstor.org [PDF]
