The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-08-13

on a small scale, and yet Regency aspiring to
the control of millions of public money. The
people of Oregon, Disguised with this Regency,
have given them setting down. The Albany
Reeenc will probably come next in order: for
in every direction the democracy are getting dis
gusted with these corrupt lobby jobbing party
regencies.
Vhe Retirement OF tho Rothachiids from
the Financial World.
Among the intelb, yence which has reached us
by the last packet is somewhat well assured
rumor of the intention If the Rothschild family
to retire from the finanC ial world of Europe
The reasons given for this sudden determination
are neither full nor satisfac,o DRY; and, inasmuch
as the rumor had not yet been confirmed by any
reliable declaration from any member of the
family, the moneyed men of Paris ind others ex-
perienced in the mysteries of finance were in.
clined to think that auch measure is utterly in
compatible with the nationality of the family
and their love of domination. But to us it ap
pears that there is far more powerful reason
than any of those advanced for discrediting the
idea, which renders such determination highly
possible, If not probable.
Hitherto the principal Importance which has
been attached to the name of Rothschild has been
founded upon the necessities Of the sovereigns
Europe and the ability and readiness of this ia
mily to minister to those necessities When the
ravages of war had convulsed all Europe to its
centre, and thrones and governments were tot
tering to their fall, the mendicant kings were
but too glad to call In the aid of the Rothschilds
and it was partly through their agency that such
extensive loans were raised, the burthen Of
England, France, Prussia, Russia, Austria and
the other Powers of Europe have all in
their turn benefited by the immense financial
resources Of the family, acquired by the smart
ness of the founders of the house. In fact, for a
long succession Of years the house of Rothschild
has been the general banker of the European
governments, and so important has been the ser
vice which it has rendered to the crowned heads Of
Europe that the highest distinctions which mo-
narchs can confer have been freely bestowed
on the various members of the family. The ex-
tension of railway communication in France, and
the internal improvements of other European
countries, are mainly due to the assistance of the
Rothschilds in obtaining means from others; and
it was not to be wondered at that fami
ly of such notoriety, to whom the governments
of Europe looked for financial assistance in the
hour of their necessity, should have exercised
up to the present time, the most potent influence
in Europe.
But all this is now changed. So long as the
bigh influence of the Rothschilds continued uu.
disturbed, and their relations to the European
governments as bankers and money lenders were
not interrupted, it was their interest," as no doubt
it would be their determination, to continue in
the field as the most prominent financial men in
Europe. But their long established influence
has received severe shock. With the advance of
modern ideas and the progress of the Irresistible
principle of democracy In popular government,
the hoary and intangible systems which, in finance
as in general politics, corroded the vitality of
former generations, and involved every nation
Europe in debt and bankruptcy, must give
way to healthier order Of things.
The recent war has supplied abundant testi-
mony Of this fact. The readiness and rapidity
with which the late French and Prussian loans
were taken up, on adirect appeal to the people, is
a most significant fact. The house of Rothschild
has seen it, and to the members of that house it
is like I" the writing upon the WALL" for it is a
premonition that their influence in Europe is
nearly at an end. Baron James Rothschild fully
understands this and hence his anxiety, seconded
by that Of his family, to withdraw from the inan.
cal world while there is yet time, and before the
reaction that is fast approaching arrives to sweep
the house away in its furious course. The 90.
vernments of Europe have at last discovered
that in cases of national or governmental neces.
sity dependence must not be placed upon the
money brokers' but upon the unity and patriot
ism of the people. Henceforth this principle
will obtain in Europe, and it betokens depth
of wisdom in the Rothschilds thus to observe the
beginning of the end" and to take measures to
save themselves before circumstances should
render such course impossible. The first Ma
poleon saw the rise of this remarkable family,
and it seems very evident that their star will set
during the empire of the third.
We elsewhere publish sketch of the rise and
progress of the house, which cannot fail to To-
terest the public at time when the long con-
nection they have held with the financial world
is likely to cease.
A BRACE OF LETTERS FROM Mr.. DOUGLASS
We publish two brief letters from Mr.. Douglas,
which are very insufficient exposition of his
political principles. II Mr.. Wise has been too
long in his epistles, the Douglas is rather short
and dry. He makes up, however, for their bre-
witty by their number, on the principle that many
discharges from small gun are equal in effect
to one or two laundering shots from great one.