The Sumter banner. [volume] (Sumterville, S.C.) 1846-1855, 1853-01-25

Ior Tie ualScT to Whlcn Mr. HOthS-
child exposed himself, the lundgrave
| offered llla the free use Of the entire
sum without interest. On these terms
Mr.. Rohschild undertook the trust,
and by the assistance of some friends,
Jewish bankers at Cassc, the money
was SO carefully slowed away, that
when the French. after q hurried march.
arrived at that city they found the old
la' dgrave gone and his treasure van.
ished. At the time this large sum Of
money was placed in a. Nj. Roths-
chiId's hands, he had five sons, of
whom three, Ansclm, Nathan, and
Solomon, had arrived at man's estate.
These h. associated with himself,
keeping Amsclm at Frankfort, while
Nathan Was established first at Man
c!.eslcr, and subscqucntly,in in London;
and Solomon as travelling agent for a.
III. l,ntllschild aud Sons, visited the va
ri"us courts and princes in Germany
vino needed loans.
Old Mr.. Rolhschild himself, rs well
rs his sons, especially the second, Ma
than of London, appear to have pos
scsscd enterprise, prudence and indus
try. Of the highest order, so ,lmt the
large SUM of ready money at their dis
p"sa increased and multiplied with
astonishing laIidity. In 1913, when,
by the treaty Of Austerlitz, England
agreed to pay Russia, Austria and
Prussia twelve millions sterling, (sixty
millions of dol!ars) subsidies, the
Rothschlds, on the Recommendation of
the old landgravc, were appointed
agents for the payment Of the money
III Germany; an operation by which
they gained several millions ofGoliars.
After tie victory of Leipzig, Oc-
tober, 1913, in their pursuit Of Ma
poleon, the allied sovcreigns sudden
~ found themselves on tho banks of
the Rhine. The Emperor Of Aus.
tra, with brilliant Court and staff,
t"sk up his quarters at Frankfort But
the treasury of Austria, notwithstand-
ing. the large sums received from Eng
lalld, WAS s.e.nl e.nlEty; what resources there
Miglit haze been at Vienna, wero not
aSaiiahieat Eatkioit. "A loan he.
came necessary; but the oft-repcnted
bankruptcies OF Austria had destroy
cd her credit, SO that Prince Meter
nich, after having in vain applied to
the Dcllnnnns and other Christian n.er-
chant princes Of Frankfort, was at
length reluctantly driven to address
himself to Roihschi!d, and the pride
| of llapsDursll's Caesar ST, ppcd TO So
lcit succor of Jew. The graceful
manner in which the request was
granted called forth the Emperur's
gratitude. His son Nathan Was ap-
pointed Austrian consul general in
Great Britain; and the whole weight Of
Austria, and OF Aicttcsnich's influence.
were put in rcq.isiton to extend and
secure the finnnc al operation Of
tic house OF RnihSchild. The fall OF
Napoleon enabled The old lnndgravc to
return To Casscl, and lie gave the
R"llisclGiids notice tha, he should with
draw the money he had conlided to
them; but before the notice expired,
Napol,on's return from the Isle of
Elba SO greatly alarmed the land
grave, that lie urged the Rothschilds
TO keep the money ut the low rate of
two per cent per annnm, which they
did till his death, in 1928, when
his son and successor was forced TO
receive it back, rs the Ro,hschilds re-.
fused any longer to keep it.
In 1915, James dc Rothschild,
tie fourth son of NJ. a. Rothschild,
opened a banking house in Paris. In
lS20, Charles, the Youngest, establish
cd himself at Naples, and in 1921,
Su!oman, the third son, took up his
residence ~ Vienna; so that at the
death OF M. A. Ko,hschiId, 1921,
he saw his five sons placed at
the head Of five immense establish
mcnis, at Frankfort, London, Paris,
Vienna, and Naples, and united in CO
Partnership, which was universally al
lowed 20 be the most wealthy and cx-
tcn>ive the world has ever seen. No
operation in which hc or his sons en-.
baikrd has miscarrcd; and this unin-
tcrruptcd success was, in a great meas
ure, owing t" their foresight aud en-
tcrprisc. Rnthschild in London knew
the result Of the battle Of Waterloo
eight hours before the British Gov
cnilncnt, and the value of this knowl-
edge WAS no less than i million ofdoI-
lars gained III one forenoon. No bad
loan was ever taken in hand by the
Rothscilds; no good loan ever fell in
to other hands. Their invarinblc sue.