Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1848-03-29
From the Newark AdvcrtiserI
History Of the E4Otlnschilds.


From the Newark Advertiser
History Of the R0thschilds.
In the year 174O, in a little Jewish set
Element in ''Frakfor on the -Maine," dwell
family Of respectable Jew pedlars, and
in that year they were blessed with son,
whom they called Mayer Anselm Ro,hs-
child. They gave him what education
their small means would permit, but dy-
ing when he was at the age Of eleven, left
him to his own resources. He then earn
ed scanty living by writing, which he
soon abandoned for a trade. But his am
bition was to be priest Of his religion
Fortunately for tottering dynasties Of the
present day, this wish was not accomplish
ed. His trade required him to travel; and
after some years he returned to his native
place and established a small business
He soon. however, gained considerable
notoriety as a collector Of old and curious
coins, which brought him in contact with
persons Of rank, among whom it was
fashion to make such collections; and fl
nally he went to Hanover as clerk to large
banking house. Subsequently, with a
few years savings, he returned to Frank
fort, married, and commenced little ex.
change business.
His great sagacity, strict punctuality
and a rectitude Of conduct, pushed him
rapidly forward, and towards the close Of
the century the Frankfort banking house
bad become famous, and its profits large.
The banker, meantime, brought up ten
children, Of whom five sons were ''after
his own heart" and when he died he left
r1et>
ness. with the Injunction to dwell in strict
and unbroken unity. And the Injunction
then bestowed has been faithfully carried
out. The five sons conducted many
banking houses at the leading capitols Of
Europe. They were as follows:-Thc
eldest, Anseln,, was born in l773. and
was the most substantial citizen Of Frank
fort; and, as representing the father was
the head Of the whole operations Of the
house. The second, Solomon. born in
177a, became a citizen Of Vienna, where
he is held in high estimation as a man. as
well as member in the most stupendous
banking house in the world. The fourth
son, Charles. was born in 1888, and has,
since 1891. conducted tho house at Ma.
pies, where his popularity is equal to that
Of any ofhis brothers. The youngest son,
Jacob. was born in 1899. and is banker
for Paris, where he maintains a splendor
that eclpses most Of the Princes Of Europe.
The third sol, we have yet to mention
Nathan, who was born in l777, and be-
came the head Of the London house in
1893, and was in every intellectual res
pect giant. 1t was observed of him that
should he partake Of the chase it could
only be to hunt elephants.
The five houses, combining all the f.
nancial resources Of Europe in their move
ments, which were always simultaneous
have exercised for half q century, power
unseen but overwhelming. Nearly all the
government debts Of Europe are of their
contracting. Through the wars Of Bona.
payte their Information was always correct.
and always in advance Of the British gov
eminent, which was often dependent upon
them for information as well as means Of
action. Although their residences were
always widely separated. each controlling
all within the sphere Of his influence, and
commanding all means Of information. no
important transaction was entered into
without consultation and strict harmony Of
opinion among them all.
All commercial exchanges and all move
ments Of business were known to and of:
ten controlled by the old Jew in Frank
fort, who could in the exercise Of his
great power look with contempt upon fee
Die despots crying TO him for help, and the
aid asked depended en- the assen: Of the
FIVE brothers. Accordingly they were
courted in every possible way. In 1918,
they were made private commercial coun-
cellors to the King of Prussia; in 1915
financial councillors to the Hessian gov
eminent. also to the Austrian Emperor,
who conferred on them the rank Of Bar
ons. In 1896 Nathan died. leaving f53,-
100000 and seven children, Of whom
four were sons. The eldest. Lionel, who
had been made knight Of Isabella by the
Catholics at Madrid, and who is Baron
Of Austria. in right Of his father, appeared |
in August, 1886. on the London Change.
in the place his father had occupied SO |
years. This gentleman it is who has be-
come . member Of Parliament at the ex-
pense Of change in the English constitu-
ton.
The house combined has loaned the |
King OF the French the money necessary
to keep him on the throne . few years long
er. Il is manifest that Is this house has |
grown up with government debts, the con-
tinoance Of their power - in come de&goe |
dependent upon existing governments.