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.
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.
It was in the decades following our Civil War that our industries began to burgeon. We had great railroads to build. The oil, mining, steel, textile industries were bursting out of their swaddling clothes. All of that called for vast financing; much of that financing had to come from abroad. That meant the House of Rothschild and that was when Schiff came into his own. He played a very crafty game.
He became the patron saint of John D. Rockefeller, Edward R. Harriman, and Andrew Carnegie. He financed the Standard Oil Company for Rocky, the Railroad Empire for Harriman, and the Steel Empire for Carnegie. But instead of hogging all the other industries for Kuhn, Loeb, and Company, he opened the doors of the House of Rothschild to Morgan, Biddle, and Drexel. In turn; Rothschild arranged the setting up of London, Paris, European and other branches for those three; but always in partnerships with Rothschild subordinates and Rothschild made it very clear to all those men that Schiff was to be the boss in New York.
Thus at the turn of the century Schiff had a tight control of the entire banking fraternity on Wall Street which by then, with Schiff's help, included Lehman brothers, Goldman-Sachs, and other internationalist banks that where headed by men chosen by the Rothschilds. In short; that meant control of the nation's money powers and he was then ready for the giant step - the entrapment of our national money system.
As a first step he had to buy into a banking house; but it had to be the kind of a house that he could absolutely control and mold for that primary objective of entrapping our U.S. money system.
After carefully scouting around; Jacob bought a partnership in a firm that called itself: Kuhn and Loeb. Like Schiff; Kuhn and Loeb were immigrants from German Jewish ghettos. They came to the U.S. in the mid 1840's and both of them started their business careers as itinerant pack peddlers. In the early 1850's; they pooled their interests and set up a merchandise store in Lafayette, Indiana under the firm name of Kuhn and Loeb servicing the covered wagon settlers on their way west. In the years that followed; they set up similar stores in Cincinnati and St. Louis. Then they added pawn broking to their merchandising pursuits. From that to money lending was a short and quick step.
By the time Schiff arrived on the scene; Kuhn and Loeb was a well-known private banking firm and this is the firm Jacob bought into. Shortly after he became a partner in Kuhn and Loeb; Schiff married Loeb's daughter, Teresa, then he bought out Kuhn's interests and moved the firm to New York and Kuhn and Loeb became Kuhn, Loeb, and Company; international bankers with Jacob Schiff, agent of the Rothschilds, ostensibly the sole owner. And throughout his career; this blend of Judas and Machiavelli, the first hierarch of the Illuminati's great conspiracy in America, posed as a generous philanthropist and a man of great holiness; the cover-up policy set forth by the Illuminati.
Actually, Jacob came here to carry out 4 specific assignments:
Number 1, and most important, was to acquire control of America's money system.
Number 2, find desirable men who, for a price, would be willing to serve as stooges for the great conspiracy and promote them into high places in our federal government, our Congress, in the US Supreme Court and all federal agencies.
Number 3, create minority group strife throughout the nation, particularly between whites and blacks.
Number 4, create a movement to destroy religion in the United States, but Christianity to be the chief target.
After a comparatively brief training period in the Rothschild's London Bank, Jacob left for America with instructions to buy into a banking house which was to be the springboard to acquire control of the money system of the United States.