The Rise of Empire
Channel: The Praetorian
Date: 2017-06-22

The Rise of Empire
The Warburg Families were bankers and philanthropists, with money tracing back to the sixteenth century. Originally from Italy, the family settled in Germany in fifteen hundred and fifty-nine again migrating to Scandinavia, England, and the United States. The bank of M.M. Warburg and Co. of Hamburg was founded in, seventeen ninety-eight, by Marcus and Gerson Warburg. Max M. Warburg, Paul Moritz Warburg, and Felix Moritz Warburg were Moses Marcus Warburg's grandsons. Max M. Warburg, was a financial adviser and German delegate to the “Paris Peace Conference” in nineteen-nineteen. Paul Moritz Warburg and Felix Moritz Warburg's involvement with Kuhn Loeb and Co. was from eighteen sixty-eight until nineteen sixty-four. Paul Moritz Warburg was affiliated with Kuhn, Loeb, and Co. in the United States and sat as a member of the Federal Reserve Board. Paul Warburg's son James was a banker and member of Franklin D. Roosevelt's original Brain Trust. A member of parliament Karl Johan Warburg was a Swedish historian while Otto Warburg was a botanist who supported colonization and agricultural work in Palestine. Jacob Schiff was Frieda Schiff's father who married Felix Moritz Warburg. The Schiff and Rothschild families in Germany were friends and neighbors. Paul Moritz Warburg and Nina Loeb's marriage combined two of the world's richest dynasties. Max Warburg worked for the family's bank while a member of the Hamburg Parliament and personally affiliated with Emperor Wilhelm II of Germany. Warburg was an economic advisor to diplomats, politicians, and the German Military. Appointed chancellor in nineteen eighteen Max Warburg was a leading figure in Germany during the first world war attending the Versailles Peace Conference as a delegate a year later. The Reich Bank appointed Max Warburg as a member of the board in nineteen twenty-four. Intensifying philanthropic ventures Max Warburg gave immense support to the Zionist Movement. To get their possessions out of Germany, many Jews used transfer agreements made by Warburg. Max Warburg depended on brothers in the United States for his goals to be achieved. American business ventures allowed Warburg to avoid the financial collapse of nineteen thirty-nine and achieve many of his goals. The Warburg Bank closed in Germany because of the national socialist. Residing in the United States until his death Max Warburg migrated to New York as the second world war began. Migrating to the United States Jacob Schiff was a banker, businessman, and philanthropist from Germany and also involved in the Zionist Movement. Russia's harsh treatment of Jews was the cause for Schiff to fund Japan against Czarist Russia before the Russian Revolution. Born in Frankfurt Am Main, Germany, to Moses and Clara Schiff, Jacob Schiff’s father was a broker for the House of Rothschild. With his studies completed, Jacob became the first apprentice to be hired into the brokerage. After the American Civil War, in eighteen sixty-five, Jacob Schiff traveled to the United States. Jacob Schiff became a United States citizen in eighteen seventy and a licensed broker and partner of Budge, Schiff, and Company in eighteen seventy-seven. Dissolution of Budge, Schiff, and Company in eighteen seventy-four resulted in Jacob returning to Germany. Abraham Kuhn contacted him in eighteen hundred and seventy-five, though, Kuhn, Loeb, and Co. in New York asked Schiff to join their firm. Five months after accepting Kuhn's invitation Schiff married Solomon Loeb's daughter Therese Loeb bringing to the family all of his European financial connections. Theresa and Jacob were Frieda Schiff's parents who eventually married Max Warburg. Jacob Schiff negotiated deals for the railroads and telegraph eventually. Schiff became connected with E.H. Harriman, Wells Fargo, National City Bank of New York, and Central Trust Company. Jacob Schiff replaced Paul Warburg as Wells Fargo's director so that he could become a member of the first Federal Reserve Board. One of the main contributors of the economic disaster of two thousand and eight Lehman Brothers merged with Kuhn, Loeb, and Co., only to end in collapse.
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