(This is a reproduction of a book published before 1923. T...)
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Reflections of a Financier: A Study of Economic and Other Problems (Classic Reprint)
(Excerpt from Reflections of a Financier: A Study of Econo...)
Excerpt from Reflections of a Financier: A Study of Economic and Other Problems
The war was responsible for many strange and remarkable happenings; for the throwing together of all manner of people whose paths in the ordinary course of human affairs would be widely divergent. One of these meetings, for which, probably, there would never have been likely occasion under the old order of things, was between one of the world's greatest financiers and an English labour leader; and although on many questions Otto Kahn and myself differ, the number of things on which we are in agreement is indeed remarkable.
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Our Economic and Other Problems: A Financier's Point of View
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This work has been selected by scholars as being cultur...)
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The Poison Growth of Prussianism: "Oh, Land of Now, Oh, Land of Then" (Classic Reprint)
(Excerpt from The Poison Growth of Prussianism: "Oh, Land ...)
Excerpt from The Poison Growth of Prussianism: "Oh, Land of Now, Oh, Land of Then"
A few days ago, as you all know, President Wilson once more spoke to this nation and to the world in a great and noble message of splendid Vision holding up a veritable beacon light of right and justice for all peoples.
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
(The Making of the Modern Law: Legal Treatises, 1800-1926 ...)
The Making of the Modern Law: Legal Treatises, 1800-1926 includes over 20,000 analytical, theoretical and practical works on American and British Law. It includes the writings of major legal theorists, including Sir Edward Coke, Sir William Blackstone, James Fitzjames Stephen, Frederic William Maitland, John Marshall, Joseph Story, Oliver Wendell Holmes, Jr. and Roscoe Pound, among others. Legal Treatises includes casebooks, local practice manuals, form books, works for lay readers, pamphlets, letters, speeches and other works of the most influential writers of their time. It is of great value to researchers of domestic and international law, government and politics, legal history, business and economics, criminology and much more.
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The below data was compiled from various identification fields in the bibliographic record of this title. This data is provided as an additional tool in helping to insure edition identification:
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Connecticut State Library
CTRG00-B1509
New York? : s.n., 1920. 52 p. ; 20 cm
Frenzied Liberty: The Myth of a Rich Man's War (Classic Reprint)
(Excerpt from Frenzied Liberty: The Myth of a Rich Man's W...)
Excerpt from Frenzied Liberty: The Myth of a Rich Man's War
Some dreamers there may be, here as everywhere, so immersed in their dreams that the trumpet call of the day has not yet awakened them.
Some politicians there may be, here and elsewhere, so obsessed by the issues which heretofore were good election assets and so unable to shake off the inveterate habits and the formulas and calculations of a lifetime, that they are unable to recognize and to share in the sudden flaming manifestations springing from the deep of the people's soul - and after a while, looking around for their usual followers, find themselves in chilly lomeli ness.
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
(
This work has been selected by scholars as being cultur...)
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.
This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.
As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Otto Hermann Kahn was a German-born American banker and philanthropist. In 1897 he became a partner in Kuhn, Loeb & Company and stayed with the company for 37 years. He was president of the Metropolitan Opera Company from 1918 until 1931.
Background
Otto Hermann Kahn, the one of the eight children of Bernhard and Emma (Eberstadt) Kahn, was born on February 21, 1867 in Mannheim, Germany. His father was a banker, and he was brought up in an atmosphere of culture, surrounded by valuable works of art.
Education
Kahn learned to play both violin and 'cello in early youth. His father decreed that Otto, too, should be a financier, and so apprenticed him in his teens to a small bank in Karlsruhe. Here he cleaned inkwells, posted letters, brought beer and sausages for his superiors, and was general handyman.
Career
At seventeen Kahn became a real clerk in a bank at Karlsruhe. He spent his leisure time in musical studies and in attending lectures at the University. At seventeen he had already written two five-act tragedies in blank verse (never performed). At twenty he was called upon for his year of military service to the state and passed it in a regiment of hussars, acquiring an erect, soldierly bearing which he never lost. At twenty-one he entered the Deutsche Bank in Berlin but was presently transferred to its London branch. He quickly grew fond of England and became a naturalized British citizen. After five years with this bank, he was offered and accepted a position in New York with the banking house of Speyer & Company.
He landed in New York in August 1893. After two years of work with Speyer, he spent a year in Europe, gratifying his love of travel, art, and music. On January 1, 1897, still a little short of his thirtieth birthday, he became a member of the New York banking firm of Kuhn, Loeb & Company; Kahn himself was by this time acquiring considerable means and becoming a noted collector of objects of art. He was for many years the chief financial genius of Kuhn, Loeb & Company. Edward H. Harriman, who was rising to power when Kahn entered the company, became his close friend and depended upon him for much of the financing of his titanic railroad transactions.
Meanwhile he had begun his patronage of music and and art. In 1903 he became a stockholder in the Metropolitan Opera Company, then under the direction of Heinrich Conried. It was not prospering, and its condition became precarious when Oscar Hammerstein set up a rival company at the Manhattan Opera House. During the season of 1907-1908, Kahn and William K. Vanderbilt, Sr. , bought out the Conried company for $100, 000 each of them paying one-half. They then organized a new Metropolitan Opera Company, and later Kahn took over the Vanderbilt holdings in it. He is said to have contributed $350, 000 from his own pocket to make good the company's losses during the period 1908-1910, and also to have paid $1, 200, 000 of his own money to Hammerstein to eliminate the Manhattan and its associated Philadelphia Opera Company from competition. "I must atone for my wealth, " was his remark on more than one occasion. In 1908, from La Scala at Milan he brought Giulio Gatti-Casazza as director and Arturo Toscanini as chief conductor of the Metropolitan.
He became chairman of the Metropolitan Opera Company in 1911 and for more than a quarter-century was one of its chief pillars of strength. In 1918 he became president of the company and so continued until 1931. At his death he owned eighty-four percent of the stock. In 1905 he was one of several wealthy men who planned and built the New Theatre in New York, designed to be a great American home for the finest in the drama, but it was not successful, as the house was too large. In 1913 he bought a princely manor in England, but he permitted it to be used as a home for blinded soldiers. His homes on Fifth Avenue in New York and at Cold Spring Harbor, Long Island, for their luxuriousness and works of art, were compared to "the palaces of the Medicis. " Among his treasures was a Frans Hals painting, "The Painter and His Family, " for which he paid $500, 000. Not until the United States entered the First World War in 1917 did Kahn give up his British citizenship. Notwithstanding his German origin, he labored hard and contributed generously of his means to the American and Allied causes.
The full extent of his benefactions to the arts will never be known, as he concealed many of his gifts. It is known, however, that he gave both paintings and cash to civic museums throughout the country; that he endowed university art courses and clubs, and helped orchestras, art schools, and operatic and theatrical projects. He gave a large sum towards the restoration of the Parthenon at Athens. In 1930 it was discovered that he had for years been giving money prizes for Negro artists in New York. He was one of the promoters of the Chicago Opera Company, and for a time one of the directors of the Boston Opera Company.
He suffered heavy losses in the financial crash of 1929 and paid no income tax in the years 1930-31-32. He died suddenly of a heart attack, while lunching with his partners.
Achievements
Kahn played an important part in reorganizing the Union Pacific, Baltimore & Ohio, Missouri Pacific, Chicago & Eastern Illinois, Wabash, Texas & Pacific, Denver & Rio Grande, and other great transportation companies. He was undoubtedly the greatest patron of the arts that America had yet known. He launched the period of the opera's greatest prosperity and artistic success.
France gave him the Legion of Honor decoration in 1921 for his financial help during the First World War. Italy, Spain, Belgium, and Japan also bestowed high honors upon him.
Kahn was made an honorary member of the Moscow Art Theatre for his generosity in financing the tour of the Russian Ballet in America during the war--only one of the several such large projects which he backed. He became also an honorary director of the Royal Opera, Covent Garden, London. He was a trustee of the Carnegie Institute of Technology, of the Massachusetts Institute of Technology and Rutgers College, and was trustee, director, or otherwise connected with dozens of civic, business, and artistic organizations.
Connections
On January 6, 1896, Kahn married Addie Wolff, daughter of a former partner of Kuhn, Loeb & Company. He was survived by his wife and four children: Maude Emily, Gilbert Wolff, Margaret Dorothy, and Roger Wolff (changed by him to Wolf).