Weekly standard. [volume] (Raleigh, N.C.) 1858-1865, 1859-08-24

The RETIREMENT OF THE ROTHscH1LDs FROM tn
FINANCIAL WoRLD.-Among the intelligence which
has reached us by the last packet is a somewhat
we'll assured rumor of the intention of the Rothschild
family to retire from the financial world Of Europe
The reasons given for this sudden determination are
neither full nor satisfactory; and inasmuch as the
rumor had not been confirmed by any reliable de-
claraton from any member of the family, the mon
eyed men of Paris and others experienced in the
mysteries of finance were inclined to think that
such measure is utterly incompatible with the ma
tionaty of the family and their love of domination
But to it appears that there is far more power
full reason than any of those advanced for discredt
tidg 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 foun-
ded upon the necessities of the soveregns of Europe
and the ability and readiness of this family to min
lister to those necessities When the ravages of war
had convused all Europe to its centre, and thrones
and governments were tottering to their fall, the
mendcant kings 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 which has been cast upon all posterity
England France Prussia, Russia, Austria and the
other Powers of Europe have all in their turn bene-
fitted by the immense financial resources of the IA
mly, acquired by the smartness of the founders of
the house. In fact for long succession OF years
the house of Rothschild has been the general
banker of the European governments, and so
important has been the service which it has render
ed to the crowned heads of Europe that the highest
distinctions which monarchs can confer have been
freely bestowed on the various members OF the IA
mly The extension of railway communication in
France, and the internal improvements of other
European countries mainly due to the assistance
of the Rothschilds in obtaining means from others;
and it was not to be wondered at that family of
IN ,yhon thn nj
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 changed. So long as the high
influence of the Rothschills continued undisturbed,
and their relations to the European governments as
bankers and money lenders 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 shock
With the advance of modern ideas and the progress
of the irresistible principle of democracy in popular
government, the hoary ard intangible systems
which, in finance in general politics, corroded the
vitality of former generations, and involved every
nation in Europe in debt and bankruptcy, must give
way to a healthier order of things.
The recent war has supplied abundant testimony
of this fact The readiness and rapidity with which
the late French and Prusian loans were taken up
on direct appeal to the people, is most significant
fact. The house of Rothschild has seen it. ard to
the members of that house it is like "the writing
upon the WALL for it is prcmonition that their in
huence in Europe Is nearly at an end. Baron JAS
Rothschild fully understands this and hence his
anxiety seconded by that of his family to withdraw
from the financial world while there yet time, and
before the reaction that is fast approaching arrives
to sweep the house away in its furious course The
governments of Europe have at last discovered that
in of national or governmental necessity de-
pendencc must not be placed upon the money bro
kers, bnt upon the unity and patriotism of the peo-
pie. Hencefor,h this principe will obtain in Eu-
rope, and it betokens depth of wisdom in the
end, and to take measures to save themselves be-
fore circumstances should render such course i'm
possible The first Napoleon saw the rise of this
remarkable family. and it seems very evident that
their star will set during the empire of the third
Aer York Herald