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The War And The Perception Of Japan By British Investors

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Chapter Summary

The Japanese success in securing loans in Western financial markets during the Russo-Japanese War is considered to be a substantial factor in Japan's victory. Over the years, Jacob H. Schiff's account of the "Jewish motive" that informed his assistance to the Japanese has become the accepted version in historical research and, as such, has not aroused any critical discussion. One possible reason for this uncritical approach is that it fits into accepted ideological rubrics, such as "Jewish solidarity" or "Jewish financial power". The ideological nature of this accepted version, however, is unveiled when juxtaposed with scholarly discussion of the anti-Russian policies of yet another Jewish banking family, indeed the most powerful one, the Paris Rothschilds. Like Schiff, the Rothschilds, too, imposed financial sanctions against Russia in order, so they proclaimed, to bring about a change in the tsarist policy toward the Jews.

Keywords: anti-Russian policies; Jacob H. Schiff; Japan; Jewish solidarity; Paris Rothschilds; Russo-Japanese War

10.1163/ej.9781905246038.i-516.49
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