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Funeral Services Slated for Friday for James P. Warburg, Banker, Financier, Author

June 5, 1969
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Funeral services will be held in Greenwich, Conn. Friday for James P. Warburg, banker, financier and author of more than 30 books on United States policies, who died there yesterday at the age of 72. Mr. Warburg, who was a confidant of Presidents Franklin D. Roosevelt and John F. Kennedy, was born in Hamburg, Germany. His roots were in the three great German-Jewish banking families, the Loebs, Schiffs and Warburgs.

Although he made his career in international banking and finance and held directorships with various American railroads, Mr. Warburg was a liberal Democrat and advocated disarmament and accommodations with the Soviet Russia and Communist China as the basis of American foreign policy. He was an early champion of the New Deal and served as monetary advisor to the American delegation at the London Economic Conference of 1933. Among his books was “Germany; Key to Peace,” published in 1953, in which he warned that German rearmament would impede U.S.-Soviet relations. Mr. Warburg was graduated Phi Beta Kappa from Harvard in 1917 and served as a lieutenant in the Navy Flying Corps during World War I.

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