Tokugawa Iesato
During the 1904-1905 Russo-Japanese War, there were some U.S. financiers who wished to profit by lending money to Russia so she could continue her war efforts against Japan. In contrast and in support of ending this war, Frank A. Vanderlip, Jacob Schiff and other U.S. financiers supported President Theodore Roosevelt's successful role as peacemaker between Russia and Japan. Their action was greatly appreciated by many of the leaders of Japan. The early decades of the 1900s were often challenging in terms of U.S. Japan relations. Frank A. Vanderlip and his American and Japanese allies strove to encourage increased business and trade between their nations, which could also enhance the mutual respect and understanding between the U.S. and Japan. The 1908 photo illustration to the right is linked to Frank A. Vanderlip during his U.S. business delegation’s visit to Japan, where they were greeted by Baron Shibusawa Eiichi, Prince Tokugawa Iesato (aka Prince Iyesato Tokugawa), and Baron Dan Takuma and other Japanese representatives. These fine statesman often allied together to promote peace and international commerce.