Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1852-12-11
9istory Of the Rothsohilds,

ence bss been continually ON the increase; and TO
them more than any monarch OF minister OF State,
Europe Is indebted for the preservation of peace
between the great powers In order to give even
Al outline of the immense and successful opera
tons wi ich have placed German Jew, his sons
and grandsonS, at the head of the moneyed inter-
ests Of the world would be necessary to embrace
the history of European finance since the year 1875
and this our space does not permit. A briefsketch
ofthe rise and progress of the house, must, there
fore, be sufficient. Its founder, Meyer Anselm
Rolhschiid, bonn at Frankfort, on the Main, some
time about the year lao, WINS money changer
and exchange broker, man OF fair character and
exchange broker, man of fair character ana easy
circumstances. When, the first campaign otthe
French revolution, (I792,) Gen. Cuisine, at the
head ofihe Republican army, took tranktort, the
Senate, in order to the town from pillage, a
greed to nav ransom, within very limited period.
But the money could not be forthcoming. Public
credit in Germany was still IN its infancy, and
among the wealthy capitalists ofFrankfort, not one
could be induce to assist the Senate. In thissrat
Meyor A. Rothschild offered his services 10 obtain
a loan for the required amount from the landgrave
of HesSe Cassel, by whom he had frequently been
employed in money-changing transactions. The
offer was accepted and the loan obtained. Thus
money lending connection between the landgraVe
and A. NJ. RoLhschild began, and, in the cOurse oil
the war, other German Princes having occasion for
loans, A. NJ. nothchiId's agency was often offered
and accepted, so that the house oil RothchId &C
quired certain standing.
The landgruve William TX. Consequently as
electur, William IL vas one of those German deS-
pots who, during the American revolution, had
sold their troops to England; and who by means Of
a similar traffic during the wars OF the French rev
olution, accumulated immense sums OF money, but
whose trickeTy drew upon him the hatred OF Ma
poleon. After the battle of Jena, (Oct. 1860 Ma
poleon decIeed the forfeiture OF their States by the
Sovereigns of Brunswick and HeSSe easel, and
French army WINS put in march to enforce the de-
cree. Too feeble to resist, the landgrave wePa:ed
fUEf ElETf1 hos is fNf he
twelve millions forms (about five millions OF dol
larS) in silver. To save this great and bulky a.
mount Of money from the hanls Of the French, was
matter of extreme difficulty, as II could not be
carried away and the landgrave had SO little conf
dence in his subjects that he could not bring him.
self to confde his cash in their keeping. especially
as the French would inflict severe punishment on
him, or them, who might undertake the trust In
his utmost need the landgTave Dethought himself oil
n. A. RothscLild, sent for him to CaSsel, and en-
treated him TO tnke charge Of his money! and by
way of compensation for the danger TO which MI.
Rothschild exposed himself, the landgrave offered
him the free OF the entire sum without interest,"
On these terms Mr., RothSchiid undertook the uuS,
and by the assistance Of some friends Jewish banks
ers at CasSel, the money was SO carefully slowed
away, that when the French, after hurried march,
arrived at that city they found the old landgrsye
gone and his treasures vanished. AT the time ms
large sum of money placed in NJ. 4. Roth
chld's hands, he had five sons of whom three, An
selm, Nathan and Solomon, had arrived at mans
estate. These he associated with himself, keep
ing AnSelm at Frankfort, while Nathan was eS'ab-
lished first at Manchester and subsequently IN Lon
don; and Solomon travelling agent for the firm Of
NJ. A. Rnthschild and Sons, visited the various
courts and princes in Germany who needed loans.
Old Mr.. Rothschild himself, well as his sons,
especially the second, Nathan of London, appear
to have possessed enterprise, prudence md indus
try, of the highest ORDER so that the large sum OF
ready money at their disposal increased and multi
piled with astonishing rapldity. In 1913, when,
by the treaty of AuSterlitz, England agreed to pay
Russia, Austria and Prussia twelve millions Ster-
ling (sixty millions of dollars subsidies, the RothS
chids, on the recommendation of the old landgraYe
were appointed ugents for the payment of the mo-
ney in Germany; an operation by which they gained
several millions of dollars.
After the victory of Leipzig October 1873, in
their pursuit OF Napoleon the allied Soveregns sud-
denly found themselves on the banks of the Rhine.
The Emperor of Austria, with brilliant Court and
staff, took up his quarters at Frankfort; but the
treasury of Austria, Notwithstanding the large sums
received from England, was empty. What resources
there might have been at Vienna were not availa-
BILE at Frankfort. loan became necessary; but
the oft-repeated bankruptcies of Austria had deS-
troyed her credit-So that Prince Metternch, after
having in vain applied to the Bethams and other
Christian merchants princes of Frankfort, was at
length reluctantly driven to address himself to
RothSchildj and the pride of HapSburgh's Cesar
stopped to solicit SuccOT of Jew. The graceful
manner in Inch the request was granted called
forth the Emperor's gratitude. His son Nathan
was appointed Austrian Consul general in Great
B,itain, and the whole weight of Austria and of
Metternich's influence were put in requ!sltion to
extend and secure the financial operation OF the
House Of Rothschild. The fall of Napoleon enabled
the old Landgrave toreturn to Cassel, and he gave
the RotschildS notice that he should withdraw the
money he had confded to them, but before the no
tice expired, Napoleon'S return from the Isle of
Elba greatly alarmed the LandgraVe TINT he
urged the Rotschilds to keep the money at the low
rate of two per rent! per annum, which they did
till his death, in 1928, when his son md successor
was forced to receive 1t back, as the RGscmlds re-
fused any longer to keep it.
In 1915, JamsS de RothSchild, the fourth son of
NJ A. Rothschild, opened banking house in P arts.
In 1920, Charles, the youngest, established HIM
self NAPLES; and in 1921, SOoman, the third son,
took up his residence at Vienna: so that, at the
death of Mr.. A. RothschiId, 1921, he saw his five
sons placed at the head of five immense establish
ments, at Frankfort, London, Paris, Vienna and
Naples, and united in co-partneTShp, which was
universally allowed TO be the most wealthy and
extensive the world hos ever seen. No operation
in which he or his sons embarked was miscarried;
and this uninterrupted success was, in aTeat
measure, owing to their foresight and enterprise.
Rothschild in London knew the result of the battle
of Waterloo eight hours before the British Govern
ment, and the value of this knowledge was no less
than million Of dollars gained in one forenoon.
No bad loan was evertaken in hand by the Roths-
child, no good loan ever fell into other hands.
Their inTariable at length gained for them
such degree of public confidence, that any finan-
cinl enterprise upon which they frowned was sure
10 fail. And SO conscious were they of their con-
idence that, in 1880, Anselm Rothschild, of Frank
fort, was heard to declare:-"The House ofAuStria
desires war, but the House of Rothschild requires
peace.' In 1910, on the occasion of the troubles
between the Porte and Mehemet Ali, the Roths-
childsw again chiefly instrumental in preserving
the peace of Europe.
Nathan, the son of NJ. A. Rotbschild, died in
1888, the four other brothers are yet alive. In adj
Iiton IN FIVE TorinciTal eSfa bliShmentS thew
have agencies Of their own in several of the lalgt
trading towns, both of the old and new world. As
dealers in money and bills, they may be said TO
have no rivals; and as the magnitude of their ope
ratons enable them to regulate the course Of ex-
change throughout the world, their profits great
while their risks are comparatively small. Indeed,
the only heavy loss they have as yet experienced
was through the February revolutions of 1848,