On January 1st, Jacob Schiff, now Solomon Loeb’s son-in-law after marrying his daughter, Teresa, takes control of the banking house, Kuhn, Loeb & Co. Schiff goes on to finance the Standard Oil Company of hidden relatives John D. Rockefeller. He also finances Family members Edward H. Harriman’s Railroad Empire, and Andrew Carnegie’s Steel Empire. This is all with Rothschild money.
He then identifies the other largest bankers in America at that
time. They are, J.P. Morgan who controls Wall Street, and the
Drexels and the Biddles of Philadelphia. All the other financiers, large and small, would dance to the tune of those three houses. Schiff then gets the European Rothschilds to set up European branches of these three large banks on the understanding that Schiff, and therefore Rothschild, is to be the boss of banking in New York and therefore America.
He then identifies the other largest bankers in America at that
time. They are, J.P. Morgan who controls Wall Street, and the
Drexels and the Biddles of Philadelphia. All the other financiers, large and small, would dance to the tune of those three houses. Schiff then gets the European Rothschilds to set up European branches of these three large banks on the understanding that Schiff, and therefore Rothschild, is to be the boss of banking in New York and therefore America.