Hostname: page-component-8448b6f56d-jr42d Total loading time: 0 Render date: 2024-04-19T03:19:49.003Z Has data issue: false hasContentIssue false

A Business Elite: German-Jewish Financiers in Nineteenth-Century New York

Published online by Cambridge University Press:  24 July 2012

Barry E. Supple
Affiliation:
Visiting Lecturer in Business History at Harvard Graduate School of Business Administration

Abstract

Business history, if it is to comprehend the men and movements with which it deals, must of necessity invade other academic fields. This article is an attempt to trace the social and economic influences which fashioned the ultimate business activities of German-Jewish investment bankers in the late nineteenth century. Second only to the group of houses of Yankee origin, the group led by Kuhn, Loeb & Co. provides us with an outstanding example of a business elite in operation. Significant from the point of view of business history is the fact that in origins, early activities, and outlook, these family firms displayed remarkable similarities. Once established in New York they became even more tightly knit through marriage and social life. Only when all these factors have been taken into account can we claim to understand the unique role which these businesses played in the development of the American capital market.

Type
Research Article
Copyright
Copyright © The President and Fellows of Harvard College 1957

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Adler, Cyrus, I have Considered the Days (Philadelphia, 1941).Google Scholar
Adler, Cyrus, Jacob Schiff, His Life and Letters, 2 Vols. (Garden City, 1929).Google Scholar
Angell, Pauline K., “Julius Rosenwald,” The American Jewish Year Book, Vol. 34 (19321933), pp. 141–76.Google Scholar
Embree, Edwin R. and Waxman, Julia, Investment in People: the Story of the Julius Rosenwald Fund (New York, 1949).Google Scholar
Friedman, Lee M., Pilgrims in a New Land (Philadelphia, 1948).Google Scholar
Glanz, Rudolf, “The Immigration of German Jews up to 1880,” Yivo Annual of Jewish Social Science, Vols. II–III (19471948), pp. 8199.Google Scholar
Glanz, Rudolf, “Notes on Early Jewish Peddling in America,” Jewish Social Studies, Vol. VII (1945), pp. 119–36.Google Scholar
Handlin, Oscar, Adventure in Freedom, Three Hundred Years of Jewish Life in America (New York, 1954).Google Scholar
Handlin, Oscar, The Uprooted, the Epic Story of the Great Migrations that Made the American People (Boston, 1952).Google Scholar
Handlin, Oscar, and Handlin, Mary F., “A Century of Jewish Immigration to the United States,” American Jewish Year Book, Vol. 50 (19481949), pp. 184.Google Scholar
Hellman, Geoffrey T., “Getting the Guggenheims into Focus,” The New Yorker, July 25, 1953, pp. 23 ff.Google Scholar
Hellman, Geoffrey T., “Sorting Out the Seligmans,” The New Yorker, October 30, 1954, pp. 34 ff.Google Scholar
Hellman, George S., “Joseph Seligman, American Jew,” Publications of the American Jewish Historical Society, No. 41 (19511952), pp. 2440.Google Scholar
Hirshler, Eric E. (ed.), Jews from Germany in the United States (New York, 1955).Google Scholar
Kober, Adolf, “Jewish Emigration from Wurttemberg to the United States of America (1848–1855),” Publications of the American Jewish Historical Society, No. 41 (19511952), pp. 225–73.Google Scholar
Kohler, Max J., “German-Jewish Migration to America,” Publications of the American Jewish Historical Society, No. 9 (1901), pp. 87105.Google Scholar
[Kuhn, Loeb & Co.], Investment Banking Through Four Generations (New York, 1955).Google Scholar
[Lehman Brothers], A Centennial: Lehman Brothers, 1850–1950 (New York, 1950).Google Scholar
Markens, Isaac, The Hebrews in America (New York, 1888).Google Scholar
O'Connor, Harvey, The Guggenheims: the Making of an American Dynasty (New York, 1937).Google Scholar
Pool, David de Sola, “Nathan Straus,” The American Jewish Year Book, Vol. 33 (19311932), pp. 135–54.Google Scholar
Redmond, George F., Financial Giants of America, 2 vols. (Boston, 1922).Google Scholar
Straus, Oscar S., Under Four Administrations (Boston and New York, 1922).Google Scholar
Sulzberger, David, “Growth of Jewish Population in the United States,” Publications of the American Jewish Historical Society, No. 6 (1897), pp. 141–49.Google Scholar
Wells, Linton, “The House of Seligman,” 3 Vols. (Mss. in the New York Historical Society, 1931).Google Scholar
Wischnitzer, Mark, To Dwell in Safety (Philadelphia, 1949).Google Scholar