 IntroductionAdam Gower ()
Chapter Chapter 1 in Jacob Schiff and the Art of Risk, 2018, pp 1-22 from Palgrave Macmillan Abstract: Abstract In 1904, JapanJapan waged war against an ostensibly more powerful opponent, the Russian empireRussian empire . A significant component in Japan’s victory was the financial support facilitated by Jacob Henry SchiffSchiff, Jacob Henry (1847–1920), an American JewishJewish banker who was born in Germany. Schiff has been described, in the context of the Russo-Japanese WarRusso-Japanese War , as primarily motivated by hostility to Russia, stemming from the tsarist government’s ill-treatment of its JewsJews . While this is certainly true, the case to be presented here is that Schiff’s motivations were diverse yet in his mind of one piece, and that as a prominent banker his diligence was rigorous in ensuring risks were mitigated. Additionally, Schiff’s unusually affirmative attitude towards Japan in the early twentieth century was at least as important in underpinning his actions, and perhaps an even greater counterweight, than his animus against an antisemitic Russia. Keywords: Hong Kong And Shanghai Banking Corporation (HSBC); Gold standardGold Standard; Japanese Loans; Broader Jewish Community; Japanese Return (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-3-319-90266-1_1 Ordering information: This item can be ordered from DOI: 10.1007/978-3-319-90266-1_1 Access Statistics for this chapter More chapters in Palgrave Studies in the History of Finance from Palgrave Macmillan |
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