, 1862-02-22
ROthsc child.

Rothsohild.
A,ge III came to the throne there was
? - frankfort who did not dream of ev-
er II g,hing to do, personally with the
sovel Europe He was in the first sta
ges(ri .(g for the Jewish priesthood. His
naDlf Aer Anselm Rothschild. For some
r he was placed in a counting
house ats over, and he soon discovered what
he wasf.N = He began humbly as an exchange
broker, Sd vent on to be the banker of the
Landgrate # Hesse, whose private fortune he
saved by his shrewdness, when Napoleon over
ran Germahy. How he left large fortune and
a commeiSsl character of the highest order, and
how his five settled in five of the great cities
of Europe, and have had more authority over
war and peace, and the destinies of nations
than the sovereigns themselves, the world pretty
well knows.
DespotC monarchs must be dependent on NJ on
ey-enders unless they are free from debt and
can command unlimited revenues for untold pur-
poses-which is never true of despotic sovereigns
Constitutional rulers are free from the response
bility and difficulty, and British sovereigns are
supplied by parliamentary vote, and need not
stoop to borrow. Yet there is room for a Roths-
child in London where loans are negotiated for
all countries, and which is a kind Of a central Of
fee for the financial news of all the world In
London, then, one of the sons-Nathan-s
tied. Ansem remained at Frankfort; Solomon
went to Vienna Charles to Naples and James
to Paris. Nathan was the leader, to whom the
others looked up with reverence and confidence.
He had assisted his father by his admirable ways
of investing the moneys lodged in his fathers
hands; and he enriched his brothers by his wise
guidance, and his generous extension to them of
his knowledge and opportunities. He paid and
provisioned the soldiers in the peninsular war, and
he reaped the large profits which were his due for
such service; and from that time his fortune
became colossal He will be remembered in the
history of the financial empire by his having in
troduced foreign loans into this country as a fl
nancial feature, as Gresham opened to our SOW
ereigns the resources of domestic loans Before
the days Of the Rothschilds, an Englishman here
and there had invested his money abroad but
the difficulty of receiving the dividends, and the
uncertainties caused by fluctuations in the ex-
change had confined the speculation to very
small number.
Nathan Rothschild made the arrangement per-
fectly easy and regular. to the convenience of
borrowers and lenders alike Sovereigns and
Emperors competed for his countenance, as his
opinion decided their credit and Spain has not
yet got over the effects of his quiet, steady refu-
sal to enter into any money contracts with her or
her dependencies. He was ennobled in Austria
but he preferred his personal consideration to any
adventitious rank, and never used his title of Bar
on The Member of London is his eldest son.
Everywhere in Europe the Rothschilds are re-
garded as exemplars of the commercial charac-
ter in its loIiest phase, in an advanced state Of
civilization. Their honor is proverbial, like the
word of king, or the gage of a soldier; their
intellectual range is wide their faculties are keen
and sound, and their charities are equal to their
wealth. Such are the results of German boy
having left the priestly calling to be engaged in
trade