The Cooperation of Jacob Schiff and Takahashi Korekiyo Regarding the Financial Support for the War with Russia (1904-1905)

Takahashi KorekiyoJacob SchiffUSA-Japan relations

Abstract

This paper presents the problem which the Japanese Government had in gaining financial support for the war with Russia (1904-1905). It is based on the private correspondence and diaries of Jacob Schiff and Takahashi Korekiyo, which provide a closer look at the problem of conducting the war. It also shows the first moment when Japan confirmed its position as a world power, becoming the first Asian country which was treated as an equal partner by the Western powers.