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...been its pioneering in great international loans. It sold U. S. securities to its European customers and European securities to its U. S. customers, when other U. S. investment dealers had no understanding of such commerce. When Japan was fighting Russia in 1905, Jacob Schiff (1847-1920) then senior partner of Kuhn, Loeb & Co. was in London. The Japanese Government wanted $50,000,000. London bankers said they would risk $25,000,000. Jacob Schiff said that his firm would take the other $25,000,000. Subsequently, Kuhn, Loeb & Co. sold $200,000,000 of bonds to finance Japan through...

Author: /time Magazine | Title: Pine and William Sts. | 2/14/1927 | See Source »

Abraham Kuhn and Solomon Loeb had faith in U. S. railroads when they began their Manhattan partnership in 1867. But their vision might have remained national, had not Jacob Henry Schiff come over from Germany and married Mr. Loeb's daughter, Teresa. The partners made a partner of the son-in-law (1875), and at the same time took into the firm another young man of financial perspicacity?Abraham Wolff. It was not long before Jacob Schiff dominated the partnership, and it was due largely to him that Kuhn, Loeb & Co. has made its close connections with European bankers...

Author: /time Magazine | Title: Pine and William Sts. | 2/14/1927 | See Source »

...their class directory, thumb-marks of Harvard 1921-ers may be found upon the name of Thomas S. Lament, son of famed Morgan Partner Lament, upon the name of a Cabot, a Frothingham, a Lee, a Lothrop, a Lowell, a Sedgwick. They do not all know one another. But all know Powers Hapgood. He is their only coal miner. He prepared for Harvard at Andover, where Yale is the most popular college...

Author: /time Magazine | Title: COAL: Song & Band | 2/7/1927 | See Source »

...after several pilgrimages to Europe, I am again active in Washington functions. I have not yet reconciled myself to going where political enemies of my husband gather. Friends have been urging me to re-open by spacious home and begin entertaining. Occasionally I am seen as the dinner partner of Senator David Ignatius Walsh of Massachusetts...

Author: /time Magazine | Title: WOMEN: Birthday Party | 2/7/1927 | See Source »

...other matter which have been allowed to disgrace the columns of our leading Penny Papers, will be carefully excluded from this, and no exertion spared to render it worthy of the virtuous and refined, and a welcome visitant at the family fireside." Horace was editor; one Thomas McElrath, his partner, was business manager. Among those who worked on Greeley's Tribune at one time or another: Charles A. Dana (famed for the Sun), Whitelaw Reid (father of Ogden Reid, present Herald Tribune owner), John Hay (Lincoln's secretary and Ambassador to England), William Winter (famed critic...

Author: /time Magazine | Title: FICTION: Pangs of Gianthood | 2/7/1927 | See Source »

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