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3 unusual facts about Ludwig Martens


Harry Boland

Boland held the Russian Crown Jewels as collateral for a loan of $25,000 from the Irish Republic to the Soviet Republic through the head of the Soviet Bureau, Ludwig Martens.

Ludwig Martens

He established commercial contacts (formally illegal as the USA boycotted Soviet Russia at the time) with more than one thousand American firms including such as Morgan Guaranty Trust Company of J. P. Morgan.

He negotiated a loan with the then Irish Emissary to the United States, T.D. Harry Boland, using the Russian Crown Jewels as security.



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