There is actually a book on Wall Street financing of the Bolsheviks
that is not conspiracy-kook literature. The bankers in question
were mostly Gentiles.
The following is from Wall Street and the Bolshevik Revolution
by Antony C. Sutton (Arlington House, 1975), p. 170:
[begin quote]
. . . there is considerable evidence of transfers of funds from
Wall Street bankers to international revolutionary activitites.
For example, there is the statement (substantiated by cablegram)
by William Boyce Thompson--a director of the Federal Reserve Bank
of New York, a large stockholder in the Rockefeller-controlled Chase
Bank, and a financial associate of the Guggenheims and Morgans--that
he (Thompson) contributed $1 million to the Bolshevik Revolution
for propaganda purposes. Another example is John Reed, the American
member of the Third International executive committe, who was
financed and supported by Eugene Boissevain, a private New York
banker, and who was employed by Harry Payne Whitney's Metropolitan
magazine. Whitney was at that time a director of [the Morgan-
controlled] Guaranty Trust. . . . Ludiwig Martens, the first Soviet
"amabassador" to the United States was (according to British
Intelligence chief Sir Basil Thompson) backed by funds from Guaranty
Trust Company. In tracing Trotsky's funding in the U.S. we arrived at
German sources, yet to be identified, in New York. And though we do not
know the precise German source of Trotsky's funds, we do know that Von
Pavenstadt, the chief German espionage paymaster in the U.S., was
also a senior partner of Amsinck & Co. Amsinck was owned by the
ever-present American International Corporation--also controlled
by the J. P. Morgan firm.
[end quote]
Sutton also provides evidence that Schiff was opposed to the Bolsheviks.