TITLE

Chapter 33: The Seligman Family

PUB. DATE
October 2004
SOURCE
Jewish Heroes & Heroines of America;2004, p72
SOURCE TYPE
Biography
DOC. TYPE
Biography
ABSTRACT
The chapter features the Seligman family, a Jewish family in the U.S. who obtain financial aid for the Civil War. The Seligman brothers were able to break the no credit wall when a branch of J.&W. Seligman and Co. sold over $200 million worth of bonds. As a result of being able to sell the U.S. bonds in Frankfurt, the government appointed all of their European branches as their fiscal agents in selling U.S. bonds. The North owed the family over a million dollars for clothing purchased from them in their dry goods business.
ACCESSION #
19767122

 

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