Death of Schiff

As it must to all men. Death came last week to Mortimer Leo Schiff, one of the senior partners of Kuhn, Loeb & Co., recently elected president of Boy Scouts of America which he helped found and of which he is the American-famed Silver Buffalo, the British-famed Silver Wolf.

Had Mr. Schiff lived another day he would have been 54. He was in good health and spirits on the last day of his life. He attended a luncheon given by Percy Hampton Johnston, president of Chemical Bank & Trust Co. in honor of the U. S. Ambassador to Germany. There he chatted with his friend Thomas William Lament of the rival House of Morgan and a collection of bank presidents. Having lunched well, he remarked that it was "a fine day for golf," and went to Piping Rock Club which he helped to found years ago on Long Island's smart North Shore. There he played against his daughter, Mrs. Richard Brown West Hall, whose husband, a member of Winthrop, Mitchell & Co., was at his office. Then he went to his Oyster Bay home. Jovial, hungry, he descended the stairs two at a time when dinner was announced. At the table were his daughter and son, John M. Schiff, graduate of Yale in 1925. After dinner he chatted quietly with his son, who since Jan. 1 has also been his partner in Kuhn, Loeb. About 10:30 he went to his bedroom, put his knife, wallet, loose change and other knickknacks on the dresser, went to bed. About 4 a. m. he awakened and felt a strange sensation near his heart. He arose, put on a silk dressing gown, wrapped himself in a blanket and sat by the window. It was in this position that he was found by his valet who entered the room to awaken him at 7 o'clock.

Mr. Schiff's mother was Theresa Loeb. His father was that great Jacob Henry Schiff who gave to the house of Kuhn, Loeb fame equal to Morgan's. Mortimer was graduated from Amherst in 1896, studied railroads in the U. S., banking in Europe. On the first day of the 20th Century he was made a partner in the firm. Many times a millionaire, he was active in philanthropy, a collector of art treasures. His death left only nine partners in his firm, an unusually small roster. They are: Felix Moritz Warburg, Otto Hermann Kahn, Jerome J. Hanauer, George W. Bovenizer, Lewis Lichtenstein Strauss, Sir William Wiseman, John M. Schiff, Gilbert Wolff Kahn and Frederick M. Warburg.

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