The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-09-24

nshcd large subsidies TO Sweden, Austria
Prussia aud Russia and the chancellor Of
the exchequer. W. Nansti,art, originated the
itiea OF paper money, guaranteed by the
English treasury, which was circulated cv-
crywhere whecc the alliel armies carried
conqncsts. Nathan Ro,hschild was one Of
the creators Of paper money, and side 10y side
with his grand schemes of general credit. We
behold his unlimited confidence in Great
Britain, and that clear perception OF the
German money changer 50 expert in the in.
trnsic value Of metals. These notes last
scarcely anything Of their value Of in cir
cuiation, and the whole were negotiated by
the Bro,hers RothsehiAl ',~.... ..---...'
From the principal part which the house
Of Rothschild took in the issuing of thcae
notes, and the payments they made TO Aus
tra, began those relations with the Prince
Mctternch, which have since continued Oh
so intimate and honorable II footing. They
became his bankers with Us much homer anil
discretion as they had shown in their rela-
ton with the Grand Duke Of llcssc and
the Prince primate In this agi,ated and
warlike year there was grand movement
VI 'iNuit u'NNI was TIC NuUt VI
so much felt. In the era Of the great
European liquidation in lSll, the house of
Rothschild had the honor Of playing the
most considerable part. and since this epoch
it has been called dynasty. ilnt)ry pre-
sents us with more than one example Of
these colossal fortunes an,aSscd by commerce.
The Medicis, in Italy, were but rich mer-
chants. who afterwards became sovrreigns
OF Tuscany, gave popes to I'LL the papal
seat, and are still considered the rcstorers of
art and literature when Europe began to
awaken from the long sleep into which the
IDyasions Of the Barbarians had plunged
her.
In France We have the Jques Coeuar,
celebrated silversmith and trcascrcr OF Chas.
VII We may Judge Of his enormous for
tune. when we consider that. by his loans,
Charles was enabled TO defend his kingdom
against the English. lie. like the Melicis.
WAS faithful protector Of the fine arts. lilo
had commercial relations with the principal
countries of Europe, but more especially
with the l%vant, where his agents wcrc
treated with the highest marks Of respect
and distinction, and even signed for their
Ihtiou tOuNfutlDUb Win LIZ
vantinc soyercigns. The Hoil,schLls have
arrived at such II pinnacle Of greatness that
nothing is lcfi for their ambition, unless.
Ike the Medicis, they should desire TO oh,
tain grand ducal or II royal corDa; but
mayhap. experience has tan2h, the Roths
childs that a throne financial on Change,
based on solid funds, IL, in the present day.
more solid and substantial than throp
political, founded, though il may he, On Ic,
gitimacy and right divine. 1t is an old all.
age, and a very true one, Better 10 bc tho
Jew Of Kings than ,bc King Of Jews, nj
least III our times.
The financial reign OF he Roihschilds de.
ycloped itself 10 this remarkable oXteM
about thc time ut which the Itoprbon3 re-.
gained the crown, bui The throne of the
latter could not resist the violence of pOliii.
cal storms ii Was wrecked. The financial
throne OF the former wss based, as il were.
upon u rock. upon which the waves broke
their Jury without being able TO SHAKE 1t; 1t
=,jIi s'sals Grm On what lJwey have gold
and commerce. And yet poets place thc
golden age at the beginning OF the world,
ard called cur epoch an iron age What II
perfect iGg,us hagti0,