Schiff, Jacob Henry

(1847–1920)
   US banker and philanthropist. Schiff emigrated to the United States from his native Frankfurt, Germany, at the age of eighteen, and found a job in a New York brokerage firm. Within twenty years his remarkable financial acumen had made him head of Kuhn, Loeb and Company, one of the most important private investment houses in the country, involved in the financing of the rapidly expanding American railroad system, and in profitable loans to many governments. Through his great wealth, philanthropy and devotion to Jewish affairs, Schiff was regarded as the most influential Jew in the United States.
   He had come from a traditional home, and contributed generously to many institutions of Jewish education and culture. He felt a keen sense of responsibility for oppressed Jews elsewhere, and especially the victims of Russian pogroms. His hatred for the czarist regime extended to blocking American loans for Russia, and helping to raise a loan for Japan at the time of the Russo-Japanese War of 1904. He had a long-standing treaty between the United States and Russia abrogated, because of Russian refusal to accept the passports of American Jews. Schiff was opposed to Zionism, which seemed for an American Jew like himself to be both irreligious and unpatriotic. Only in 1917, at the time of the BALFOUR Declaration, did he come around to believing that Jewish immigration to Palestine should be supported, and a cultural and spiritual centre developed there for the Jewish people.

Who’s Who in Jewish History after the period of the Old Testament. . 2012.

Look at other dictionaries:

  • SCHIFF, JACOB HENRY — (1847–1920), U.S. financier and philanthropist. Born in Frankfurt, Germany, he was the descendant of a distinguished rabbinical family (see Schiff, Meir b. Jacob ). He received a thorough secular and religious education at the local school of the …   Encyclopedia of Judaism

  • Schiff, Jacob Henry — (1847 1920)    American financier and philanthropist. He was born in Germany, and went to the US in 1885, where he became head of the banking firm of Kuhn, Loeb and Co. He was a founder of the American Jewish Committee, and contributed to a wide… …   Dictionary of Jewish Biography

  • Jacob Henry Schiff — Jakob Heinrich Schiff Jakob Heinrich Schiff (* 10. Januar 1847 in Frankfurt am Main; † 25. September 1920 in New York City, auch Jakob Schiff, Jacob Schiff oder Jacob Henry Schiff) war ein New Yorker Bankier und Philanthrop …   Deutsch Wikipedia

  • Jacob — /jay keuhb/ for 1, 3; Fr. /zhann kawb / for 2, n. 1. the second son of Isaac, the twin brother of Esau, and father of the 12 patriarchs. Gen. 25:24 34. 2. François /frddahonn swann /, born 1920, French geneticist: Nobel prize for medicine 1965. 3 …   Universalium

  • henry — /hen ree/, n., pl. henries, henrys. Elect. the SI unit of inductance, formally defined to be the inductance of a closed circuit in which an electromotive force of one volt is produced when the electric current in the circuit varies uniformly at a …   Universalium

  • Henry — /hen ree/, n. 1. Joseph, 1797 1878, U.S. physicist. 2. O., pen name of William Sydney Porter. 3. Patrick, 1736 99, American patriot, orator, and statesman. 4. Cape, a cape in SE Virginia at the mouth of the Chesapeake Bay. 5. Fort. See …   Universalium

  • Jacob Schiff — Jacob Henry Schiff, born Jacob Hirsch Schiff (January 10, 1847 ndash; September 25, 1920) was a German born New York City banker and philanthropist, who helped finance, among many other things, the Japanese military efforts against Tsarist Russia …   Wikipedia

  • Jacob Schiff — Pour les articles homonymes, voir Schiff. Jacob Schiff Jacob H. Schiff, né Jacob Hirsch Schiff (orthographié aussi Heinrich) (10 octobre 1847, Francf …   Wikipédia en Français

  • Jacob Schiff — Jakob Heinrich Schiff Jakob Heinrich Schiff (* 10. Januar 1847 in Frankfurt am Main; † 25. September 1920 in New York City, auch Jakob Schiff, Jacob Schiff oder Jacob Henry Schiff) war ein New Yorker Bankier und Philanthrop …   Deutsch Wikipedia

  • Schiff (Begriffsklärung) — Der Begriff Schiff bezeichnet das Schiff als ein großes Wasserfahrzeug, im Gegensatz zum Boot ein Gefäß, insbesondere einen Nachttopf eine gemeine Figur in der Heraldik, siehe Schiff (Heraldik) bei der Deutschen Marine gilt ein Wasserfahrzeug als …   Deutsch Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.