Jacob Schiff financed the Bolshevik Revolution.
Posted by The Pete Quiñones Show, Checked
- Sources
- 5 contradict2 context
- Said
- 1 time·
- Confidence
- 70%
The Pete Quiñones ShowOct 1, 2026
The claim matches the passage's wording and is contradicted by the sources: the 1917 Secret Service report alleging Schiff's funding was repudiated, and Schiff is documented as opposing and cutting off loans to the Bolsheviks. Only Sutton's book, cited secondhand, asserts a roughly $20 million loan, and the sources note that such claims lack hard evidence.
What was said
… You know, the Brzezinski stagnation changed everything. Um, so the system and the slogans and the buzzwords aren't important. It's who ends up with with money. And now, beyond that, uh, you have people like Jacob Schiff financing the Bolshevik Revolution. He knew exactly what he was doing, but because of stuff like the Hearst papers and this kind of rhetoric, how many people in the West knew what the heck a Bolshevik was? People saw this group as able to capture the Russian market for us. …
The Pete Quiñones Show · · from the transcriptPost →What we found
Contradicts. The Miliukov JTA report says the alleged US Secret Service report that Schiff and Kuhn Loeb financed the Bolsheviks was repudiated by the Secret Service, and Miliukov called the charges 'untrue and invented'.[1]
Contradicts. Wikipedia's account of Schiff's career says that after the Bolsheviks seized power he immediately rejected them, cut off further loans, started funding anti-Bolshevist groups, and demanded repayment of money he had lent.[2]
Contradicts. A review piece states that Schiff was a supporter of the anti-Bolshevik Society of Friends of Russian Freedom, and calls the claim that he was a clandestine financier of the Bolsheviks 'demonstrably false'.[3]
Contradicts. The NLI bibliographic description calls the allegation that Schiff secretly financed the Bolshevik Revolution antisemitic propaganda and says Schiff and his partners were anti-communist.[4]
Contradicts. The Sutton text notes that the State Department document alleging Schiff's financing of the revolution cannot be supported with hard empirical evidence.[5]
Context. Sutton, as quoted in the American Institute for Economic Research essay, cites three sources for an approximately $20 million loan from Schiff to the Bolsheviks, but the essay also says such deals do not show the bankers were Communists. The sources conflict only on this single claim, and it is not from an authoritative dismissal.[5][6]
Context. A 2025 essay finds no substantial and credible sources to support Schiff's sponsorship of the November 1917 Bolshevik Revolution, though it leaves open that he may not have funded it.[7]
Sources
7 sources: 7 not rated
- 1Miliukov, Leader of Russian Provisional Regime. Refutes ...jta.org · not rated · cited for: contradicts
- 2Jacob Schiff - Wikipediaen.wikipedia.org · not rated · cited for: contradicts
- 3Separating truth from mythnewagebd.net · not rated · cited for: contradicts
- 4Jewish bankers, Russia, and the Soviet Union, 1900-1940nli.org.il · not rated · cited for: contradicts
- 5Wall Street and the Bolshevik Revolution by Antony C. Suttonia601604.us.archive.org · not rated · cited for: contradicts, context
- 6Beyond Conspiracy -- 1993 / V. What Do International Bankers Want?cooperative-individualism.org · not rated · cited for: context
- 7Why did Charles de Gaulle decide to relinquish French control ...schiffnaturepreserve.org · not rated · cited for: context
Where this claim was made
Said in 1 published post
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