Virginia advocate. [volume] (Charlottesville, Va.) 1827-1860, 1828-08-02

| eS |"oiSh vi II'iSiana.
! Translated for Courier from the German.
THE HOUSE OF R ,iSs3 II st;G1ni
! Amongst the Commercial Housd3 in Europe.
or elsewhere, which from obscure origin. by dis
cernment and advantageously embracing Ne on
Portunties, equally at the command of many 9TH
ers, by ;,eir prudent enterprises upright proceed
lngs, and particularly by contenting itself with a
certain moderate profit in their mmense concerns
nave become great furnishing and powerful; the
House of Rothschd certainly stands pre-emin-
ent. AT the recent death Of one, who was thought
the richest Banker in Europe--(M. " Bethman
IN FRANKFORT, when an inventory was taken of his
| Estate, his property did-not exceed O0O OO0
Dollars; when f-om infallibc sources, the III. of
X. (or more proper,' speaking the five Brothers)
possess wholly uLincuu, bered, 10000 900 Dol
lars, and through heir immsnsc influence may
command 40, 00, 0OaO more
Mayer A. Rothsehid their father. was born NJ
frankfort on the Maine, in the year l7i3 He
lost his parents when III years old aud being left
In very indigent circumstances he was puI an
prentice 10 trade, i'm which situation he served
| some years; when he quit it, and commenced
traihcking III small way. About that time a IN
crative prospect opened itself for IT, connoisseurs
| OF ancient coins and medals, wherein the great
| and the opulent made considerable selections and
| purchases, which induced Mr.. r. TO apply him
sell to this particular branch and to acquire the
necessary knowledge in order to make the proper
selections. by dint of industry. he made thereby
decent living, and from his intercourse with the
wealthy, procured himself such rcsDectable ar
quaintanccs, as proved in the end of great adyan
| tage to him.-Mr. II. az the same time fixed his
! mnd TO get the necessary knowledge required in
CouAt'ng house, which soon obtained for him a
situation IN respectable clearinghouse in Han
over, In which he faithfully served several years
ana ny dihgencc and strict economy, realized a
small capltalwhen he returned to his native CITY
! then married, and laid the foundation of the pres
ent establishment His activity. knowledpe and
STRICT integrity soon obtained him credit and con.
| iieiehIe' ana an opportunity soon offered, which
gave MN chance OF extending his commercial
| views, by the Landgtave Of Hesse. who had be
come acquainted with him by the purchase of an
cient cons-and wherein he had always proved
himself trusty and useful-appointng him his
court agent. In this capaci.aL he subsequently,
rendered eminent services to the then elector nj
Hesse-lor while this parsonage, in the year 1906.
was oohgea 10 quit his territory, account OF
the approach of the French army, Mr. r. succeed
ed to secure, but not without personal dancer
through prudent management, a large proportion
oil the Electors private funds, which would have
| inevitably become prey to Napoleon. and con-
scientlously administered them for the benefit o,
the Elector His affairs now assumed n hicb
| standing, through government oans-about
w rm ume he concluded a loan-wh the court
| Oh Denmark OF 3,O00,0 900 dollars In the wear
1917, MIR. r. died Seeing his end approaching
he summoned his 10 children to his bed side. and
| after giving them his parental benediction ey.
horted them under solemn promise. never tn
| change their religious creed; and strenuousv re-
| commended to his sons, to observe amonc each
other, an lnvlolable union And never has a IA
thef sadInonitlon been more strictly attended to-
Tor III very remarkable trait characteristic q,
| ItS mall
saction OF consequence, do. as it were consult the
words OF their departed Sire, and very often re.
| NINA each other OF his prudent advice fostered
through wisdom and experience. and never u,te,
nis name without reverence.-The arrangements
winch the House of Rothschild entered into in
'oio, respecting some very extensive none,
transactions, has given it its present stapd;nn ~
the commercial world Whilst il NAV he 6ore
i remarked, that in the course OF twelve wears tbev
7 through their mediation and interest and with
,heir means, entered into contracts to furnish bv
loans and subsidies, the immense SIM or s5oo
OoOOO0, to the different courts in Eurone with.
out taxing INTO consideration the by no means in.
consiueraDie sums advanced on account of French
lindemnIhcations. How the house Of Rotb.ch;I,
cou'd furnish such extensive means DURING tn;
period, has, no doubt, been question with ~"
commercial men and politicians When j. !.
hg"ever, taken into considerations that the r,s,,i
OF extensive operators does not solely fenord =:
!ne chances taken at some favorable noment bn
IN inns instance, rather on the fuodsrnentaI ~,
inns always pursued by the nouse. II y ,.t,
tnen appear that the great success of thes snec
,nh;Ip Principally hinged on those maxms
m"'on were as before stated, that tho FIVE Broth
e's did conduct their business in un;n,err,'s.nl
Hdfhony amongst themselves, and with tho .tr;ct
est 'ntegrity-which was the golden rule tbe;r J
ing parent bequeathed, that they Jointly deberat-
Gu upon every transaction-and wherein eacb on
Joyea an equal share. And although residing far
apart from each other for years, this did in NO in.
stance infringe on their adopted principles, bo.
,uus' nave proved in fact, beneficial to all, as i
.h eaoh napd the undenable advantage to watch
the movements of the Court where bo ,v,s 49,.
ted-make the necessary Preparations Eor .he
sPecuiatons which were to be entered into and