Word: warburgs
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...clapped for Composer Bloch until a certain rich young man who sat well back in the orchestra thought that in all his life he had never been so proud. The rich young man had commissioned the Sacred Service and to him Composer Bloch had dedicated it. He was Gerald Warburg who, when he left Harvard, chose to be a 'cellist rather than enter his father Felix's banking business (Kuhn, Loeb & Co.).* Four years ago when he organized the Stradivarius Quartet, Gerald Warburg toured with it to San Francisco. There he found Ernest Bloch teaching...
...Banker Felix Warburg has four sons: Frederick, a Kuhn, Loeb partner; Gerald, the 'cellist; Paul ("Piggy") who is a vice president of Bank of the Manhattan Co.; Edward, the secretary-treasurer of the new School of American Ballet. James Paul Warburg who writes popular songs with his wife, Katherine ("Kay") Swift, is a cousin, son of the late Paul Moritz Warburg. * The endowment was for $5,000 a year. During Depression it shrank...
There Partner Felix Warburg, a carnation in his buttonhole, summons the eleven partners to conference punctually at 11 a. m. on Monday, Wednesday and Friday. On the wall of his office is a portrait of bushy old Solomon Loeb who retired one year after Otto Kahn, at 17, began his banking career in Germany as a stamp licker. There is the big white Georgian partners' room, heart of Kuhn, Loeb, where "people just roll in and roll out again." There Otto Kahn worked under his father-in-law, Partner Abraham Wolff. There he became a U. S. citizen during...
...bustle and noise of the partners' room. When the partners next meet in that room they will have a hard time finding a man to take Otto Kahn's place-a man with the personality and power to maintain the firm's great prestige. Felix Warburg, last of the old partners, acts today mostly as an adviser. Jerome Jones Hanauer, Jacob Schiff's trusted "inside man," retired last year. Sir William Wiseman is a Briton who has been a partner only five years. Today much of the work is done by Elisha Walker, onetime ally...
...French munitions maker. More often than not they acted in harmony to keep the peace. The present head of the House of Schiff was a Kuhn, Loeb partner when he inherited his father's 13% interest. This interest is smaller than that of his uncle, Felix Warburg (18%), or of Otto Kahn (14%). But in capital contributed he stands first with $6.500,000. John Schiff also inherits the bigger share of his father's fortune, estimated at the time of his death (1931) to be $100,000.000. John Schiffs grandfather, old Jacob Henry, left an estate...