IDEAS home Printed from https://ideas.repec.org/h/pal/psitcp/978-3-319-90266-1_7.html
   My bibliography  Save this book chapter

Financing the War

In: Jacob Schiff and the Art of Risk

Author

Listed:
  • Adam Gower

    (National Real Estate Forum)

Abstract

Jacob Schiff committed to the first loan to Japan in spring 1904, at a time that negotiations between Japan’s financial commissioner, Takahashi Korekiyo, and the English banking syndicate had reached a stalemate. Japan had won only one battle in its war against Russia, a land engagement on 1 May known as the Battle of the Yalu RiverBattle of the Yalu River. This occurred just three days before Schiff agreed to participate in the loans. Schiff’s intent to commit came before any other bank acted in recognition of this early display of Japan’s military prowess. Yet Schiff’s decision enabled all principals’ interests to coalesce.

Suggested Citation

  • Adam Gower, 2018. "Financing the War," Palgrave Studies in the History of Finance, in: Jacob Schiff and the Art of Risk, chapter 0, pages 197-269, Palgrave Macmillan.
    • Handle: RePEc:pal:psitcp:978-3-319-90266-1_7
    DOI: 10.1007/978-3-319-90266-1_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:psitcp:978-3-319-90266-1_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.