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In the February 3, 1949 issue of the New York Journal American Schiff’s grandson, John, was quoted by columnist Cholly Knickerbocker as saying that his grandfather had given about $20 million for the triumph of Communism in Russia.To appraise Schiff’s motives for supporting the Bolsheviks, we must remember, that he was a Jew and that Russian Jews had been persecuted under the Tsarist regime. Consequently the Jewish community in America was inclined to support any movement, which sought to topple the Russian government and the Bolsheviks were excellent candidates for the task.https://themillenniumreport.com/2018/07/the-nyc-and-london-banker-who-financed-the-bolshevik-revolution/