Not only did the Jewish financial firm of Kuhn, Loeb & Company use far-sighted prudence in splitting its political support—one Warburg supporting Wilson, another Warburg supporting Taft and an unnamed member of the firm supporting Roosevelt, all at one time, as Paul M. Warburg testified—but it split its activities in several other ways also.
The international interests of the Jews comprising this firm are worthy of note. The influence which forced the United States to repudiate a commercial treaty with Russia while Russia was a friendly country (1911), and thus to compel all business between the United States and Russia to pass through German-Jewish hands, was generated by Jacob H. Schiff. Russia seems to have been the country on which he chose to focus his activities. The full story is told in THE DEARBORN INDEPENDENT of January 15, 1921, under the title, “Taft Once Tried to Resist the Jews—and Failed,” and is reprinted in Volume II of the booklet containing this series.