In 1897, at considerable personal expense, he founded the Zionist newspaper "Die Welt" in Vienna, Austria-Hungary, and planned the First Zionist Congress in Basel, Switzerland. He was elected president of the Congress (a position he held until his death in 1904), and in 1898 he began a series of diplomatic initiatives to build support for a Jewish country. He was received by Wilhelm II on several occasions, one of them in Jerusalem, and attended the Hague Peace Conference, enjoying a warm reception from many statesmen there.