The Sun.
London, England, 1830-06-05 00:00:00

NIESSRS.ROTHSCHILDS AND AUSTRIA.

. (From the Times.)
We recommend general attention to the most singular
stat?iwint contained in our City arti:le. We recollect an
intercepted despattili of Anityparie's, in which he said to
one of his Generals, whose trooi,s were ttintinuring for
want of proper supplies:—" If you cannot satisfy your
men otherwiSe, shoot a contractor or two I efore them. It
always appeases .cildiers tinder privations (I have tried the
experiment frequently with suCcesg) to shoot a contractor;
and do not appr,hend that in cons: quence wretches of this
description will ever be wanting to follow an army, from
the hope of gain." Now what we would recommend in
this instance is, not to shoot the body of a contractor, but
to shoot what is Called, in the Preface to Gil 11 alas, his
soul—that is, his money ; such a man has a right to
call any money his. Unquestionably, if there he it dispute
b:tween the Austrian Government and the family of the
Rothschilds, every other Oivernitient in amity with that
of Austria ought forthwith to put a Aeqta6tratian on the
property of the family of the Rothschilds placed in their
funds, till the dispute be settled. The Austrian Ambas-
sit lots—both here, in France, toad throughout Europe—
haVe been greatly deficient in their duty, if they have not
pressed This at the Court% where they resides
If the British Government ohly aiiptehende a quarrel
as likely to arise between itself and some other state, it
immediately places an embargo upon all the vessels of that
state th it are to he found in British ports. This has been
our Constant practice bow much more, when the war is
actually raging betwe •ti our friend Austria and an hostile
power, ought we to seize and detain the linplemelitS of
war, by •i;rhitili t%e hdstile Bower attacks our ally. We
sincerely hope that despatch Will be used in this matter.
MONEY-MARKET AND CITY INTELLIGENCE%
FRIDAY EVENING —The commercial letters received this
morning from Frankfort and from Vienna, touch, for the first
time, on the true Causes of the scarcity of money which has
lately prevailed in those and other great Cities of the Continent,
raid which is ascertained, in a great degree, to be connected
with One i;f the fitogt extrabtOinary othiteSts ever carried on be-
tween a GOvernment land d few ifidiiiditals of Wealth and re-
sources enough to make doubtful to which party, Olen tip to this
moment, the victory is to be awarded. The parties are, the
house of Rothschild on the one hand, and the house of Austria
on the other. The connexion between them is one of long stand-
ing, dating about eighteen years back, when the head of the
house at Frankfort obtained, in reference to Messrs. Betliman,
of that city, the agency of the Austrian cioverinnen+, and it
has, till lately, been uniformly a friendly one, being finitided on
the basis of mutual advantage. The impression that Austria
Was, however, toying too dear .for this friendship, first arose, it
is said, out of the last contract for a per cent, loan, whiOh was
entered into by that Government wish the house or Rothechild
i,, conjunction with some bankers and merchants of Vienna and
Frankfort. This loan was made, we believe, at 85 or 86; but
rose six or seven per cent. within a short period after the con-
clusion of the contract. A circumstance so unusual with regard
to a loan negoelated in the midst of a profound peace, and for a
purpose which implied a diminution rather than an increase of
expenditure, the object being to
.I>ay Off the stock which bore a
higher rate of interest, necessarily drew the attention of the
Austrian Cabinet. The inquiries which welse entered into on
the subject, led, it is believed, to disclosures which determined
the Ministry either to carry the agency of the Government for
financial purposes into some other channel, or to throw its
money contracts, as is done by England and France, open to ge-
neral competition. The house of Rothschild resolved, it is sup-
posed, to prevent any such step,. and to show the Austrian Go-
vernment that its Connexion with them was not to be dissolved
With impunity. They knew that Austria had, as yet; made but
small progress in the reduction of the interest on her debt, atid
suspected that they were not meant to be included in any further
contracts into which it might be thought expedient to enter.
They had no alternative, therefore, but to employ the power
they possessed, through their various great banking establish-
ments throughout .almost the whole of the Continent, in making
money so scarce, that it should be impossible for other houses,
with less extensive means, to supplant them by entering on any
such operation. People in general Will, perhaps, riditfule the
notion, that any one family of bankers or merchants should en-
tertain so gigantic a project as that described appears to be; but
those who know their resources, and who know also the arro-
gance and love of posVer by which they are characterized, do not
treat it as in any degree chimerical ; or, rather, we may say, they
firmly believe it. Neither is there so much difficulty in it, alltiw:
lowing that the secret does not transpire, as would be imagined
by those not conversant in the great money transactions on the
Continent. If Frankfort was meant to be the scene of opera-
tions—a place where the money-market is extremely limited, the
mode would be, for example, to take bills on that city on the ex-
changes of London and of Paris, and, on arrival, to present them
immediately for discount. The value of money would probably
be raised in Frankfort, were this done to the extent only of
100,000/. or •200,0001. sterling, especially if the object were not
suspected. Without entering further into any detail of the plan
of proceeding, which would vary in different places according to
the circumstances in which their respective money-markets were
placed, it may be sufficient to say, that the scarcity of money,
and fall in the prices of Government securities, which have oc-
curred lately in all the great exchanges of Eu' ope, is ascribed
more or less, and that by observant and well-informed persons,
to the contest between the Messrs. Rothschild and the Austrian
Government. To which side the victory will incline, there can-
not ultimately be much douat ; but, in the mean time, it cannot
but be remarked, if what is stated on the subject be true, how
much cause the subscribers to the late French loan will have to
complain. In that instance a price as much too high was given
as that of the Austrian contract was too low ; and it is surely
hard that their generous support of the contractor on the former
occasion should be repaid by his withdrawing all support from
them, to order to enable him the more ellbetually to carry his
point with the Austrian Government.