High Finance

[New York?]: [publisher not identified], [1916]. First Edition. Small octavo in pale grey printed stiff paper wraps; 48 pages; 18 cm Very good(+) to near fine(-) with a few slight, superfical dampstains (see photos). Paperback.

Uncommon little book. Includes a "With the Compliments of Otto H. Kahn card laid in, as issued with the book. An interesting piece of New York City and financial hisory,. Clearly written. Emphasizes the moral and ethical obligations as integral to the "high" in his finance. // "Otto Hermann Kahn (1867 – 1934) was a German-American investment banker of Jewish lineage, patron of the arts, and philanthropist whose flamboyant personality and cultural influence left a notable imprint on early 20th-century America. Born in Mannheim, Germany, in 1867, Kahn immigrated to the United States and rose to prominence as a partner at Kuhn, Loeb & Co., a leading investment firm involved in financing America’s expanding railroads and industry.A man of refined taste and immense wealth, Kahn became an icon of the Gilded Age elite. His interests extended far beyond finance: he was a passionate supporter of opera, theater, and fine arts, serving as chairman of the Metropolitan Opera and a generous benefactor of numerous cultural institutions. Kahn’s estate, Oheka Castle in Long Island, remains one of the largest private homes ever built in the U.S., symbolizing both his opulence and his cultivated sensibilities.Often caricatured in the press as the quintessential plutocrat, he nonetheless maintained a philosophical outlook on wealth, viewing patronage as a moral responsibility. His legacy, though bound up with the excesses of his era, also includes enduring contributions to the American cultural and financial landscape."