“Jacob Schiff of Kuhn Loeb & Co financed Japan during the Russo-Japanese War.”

In this “hate crime” age, such a sentence as above, a lot of conspiracy-minded people today might say, would immediately elicit screams of “anti-Semitism”.   Yet, this article from the archives of the NYT supports the above sentence.   And remember, we’re talking 1906 dollars here.  You can multiply by at least a hundred to get present day dollar figures.   The Federal Reserve’s job, as everyone knows, is price stability.

Click second link in the rectangle below.  If it doesn’t work the first time, click a second time.

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