Jacob Schiff was head of the New York investment firm, Kuhn, Loeb & Co. He was one of the principal backers of the Bolshevik revolution and personally financed Trotsky’s trip from New York to Russia. He was a major contributor to Woodrow Wilson’s presidential campaign and an advocate for passage of the Federal Reserve Act.
– G. Edward Griffin “The Creature From Jekyll Island”
The Schiff family shared a house with the Rothschild family in Frankfurt in the later half of the 18th century. The Rothschild sons (the “5 arrows”) went on to capture control of the banking markets in the major capitols of Europe, culminating in Nathan Rothschild’s seisure of control of the Bank of England in 1815. Later, Jacob Schiff moved to the US and married into the Loeb family (and took control of Kuhn Loeb & Co., still one of the owning banks of the Federal Reserve … when you see ‘Kuhn, Loeb & Co’., read: Schiff). He arranged loans (of Rothschild money, essentially) to J.D. Rockefeller beginning in the 1860’s (I think) through the National City Bank of Cleveland. With that virtually limitless supply of capital, Rockefeller was able to create an oil monopoly in the US, making the Rockefeller family very powerful, and, since the Rothschilds had made similar moves to win the Morgans (banking) Harrimans (railroad), and other industrialists, bankers and congressmen into their court, this set the stage for the coup of 1913 – the establishment of the Federal Reserve Bank System.