Between Amsterdam and Warsaw: Commercial Networks of the Ashkenazic Mercantile Elite in Central Europe

Between the mid-eighteenth and the early nineteenth centuries, commercial networks of Ashkenazim in central Europe experienced major shifts. I argue that this was a transitional period between the extensive trading and credit networks of central European Court Jews in the early modern period and the rise of new Jewish banking houses across Europe in the nineteenth century. Based on examples from Amsterdam, Frankfurt an der Oder (Prussia), and Warsaw I demonstrate how Amsterdam served as a center for the provision of credit to central and, indirectly, eastern Europe until the late eighteenth century, with Jewish merchants in central European cities like Frankfurt an der Oder serving as middlemen. Relying not on far-reaching networks but rather on more regional ones, a new mercantile Jewish elite rose in Warsaw beginning around the turn of the century, creating a new financial hub in east-central Europe. I suggest that the rise of Warsaw as a new center of Jewish banking and commerce can be described as a parallel development—though one on a much smaller scale—to the rise of London and that both new centers prospered at the expense of Amsterdam.