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Jacob Schiff and the Art of Risk

American Financing of Japan's War with Russia (1904-1905)

Palgrave Macmillan

Authors:

  • Examines in detail Jacob Schiff's actions and motivations in financing Japan during the Russo-Japanese war of 1904-05
  • Reveals a compelling story of how banking operated at the time
  • Showcases the mechanics of one of the most significant pre-World War I financing every undertaken by an American bank

Part of the book series: Palgrave Studies in the History of Finance (PSHF)

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eBook USD 69.99
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Softcover Book USD 89.99
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Hardcover Book USD 119.99
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  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

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Table of contents (8 chapters)

  1. Front Matter

    Pages i-xv
  2. Introduction

    • Adam Gower
    Pages 1-22
  3. Historiography

    • Adam Gower
    Pages 23-74
  4. Jacob Schiff and His Cohort

    • Adam Gower
    Pages 75-107
  5. Japan

    • Adam Gower
    Pages 109-142
  6. The Business of Banking

    • Adam Gower
    Pages 143-180
  7. The English Syndicate

    • Adam Gower
    Pages 181-196
  8. Financing the War

    • Adam Gower
    Pages 197-269
  9. Impact and Conclusions

    • Adam Gower
    Pages 271-300
  10. Back Matter

    Pages 301-338

About this book

Jacob Henry Schiff (1847–1920), a German-born American Jewish banker, facilitated critical loans for Japan in the early twentieth century. Working on behalf of the firm of Kuhn, Loeb & Co., Schiff’s assertiveness in favour of Japan separated him from his fellow German Jewish financiers and the banking establishment generally. This book’s analysis differs from the consensus that Schiff funded Japan largely out of enmity towards Russia but rather sought to work with Japan for over thirty years. This was as much a factor in his actions surrounding the Russo-Japanese War (1904–1905) as his concern to thwart Russian antisemitism. Of interest to financial historians alongside Japanese historians and academics of both genres, this book provides a lively and thoroughly researched volume that precisely focuses on Schiff’s mastery of banking.

Authors and Affiliations

  • National Real Estate Forum, Beverly Hills, USA

    Adam Gower

About the author

Adam Gower, founder, GowerCrowd, is a 30-year real estate development and finance veteran who has held senior management positions at some of the largest public and private companies and institutions in the world.  He is a highly sought-after expert in crowdfunding investment and finance, providing advisory services to sponsors raising capital. He has taught university graduating students the only fully accredited course in the world on how to invest in real estate crowdfunded syndications. He hosts an internationally acclaimed podcast series, The Real Estate Crowdfunding Show, Syndication in the Digital Age. Based on over $1.5 billion of transactional experience, Adam has developed a series of online real estate courses that teach a new generation of high net worth individuals and families how to prudently invest in real estate for income while prioritizing principal preservation. You can find out more about Adam at GowerCrowd.com.

Bibliographic Information

  • Book Title: Jacob Schiff and the Art of Risk

  • Book Subtitle: American Financing of Japan's War with Russia (1904-1905)

  • Authors: Adam Gower

  • Series Title: Palgrave Studies in the History of Finance

  • DOI: https://doi.org/10.1007/978-3-319-90266-1

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s) 2018

  • Hardcover ISBN: 978-3-319-90265-4Published: 06 July 2018

  • Softcover ISBN: 978-3-030-07979-6Published: 03 January 2019

  • eBook ISBN: 978-3-319-90266-1Published: 19 June 2018

  • Series ISSN: 2662-5164

  • Series E-ISSN: 2662-5172

  • Edition Number: 1

  • Number of Pages: XV, 338

  • Number of Illustrations: 9 b/w illustrations

  • Topics: Financial History, Risk Management, Banking

Buy it now

Buying options

eBook USD 69.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 89.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 119.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access