The tri-weekly standard. [volume] (Raleigh, N.C.) 1866-1868, 1868-01-02
TIE LONDON RoTHsCHILp.

HOW BE MADE HIS MoNEY-HIs BUSINESS
MAXTMs
Extract of letter from Sir Thomas Powell Buxton to
DEvoNsHRE STREET, Feb. IA, 1864
We yesterday dined at Ham House, to
meet the Rothscllds, and very amusing it
was. He (RothschilD told US his life and
adventures. He was the third son of the
banker at Frankfort There was not" he
said, "room enough for US all in the CITY,"
dealt in English goods. One great trader
came there who had the market to himself;
he was quite the great man. and did us "a
favor if he sold US goods. Some how l Of
Tended him, and he refused to show us his
patterns. This was on Tuesday, said to
my father, Il will go to England" l could
speak nothing but German. On Thursday
1 started. The nearer got t. England the
cheaper goods were. AS soon as got to
Manchester 1 laid out all my money, things
were so cheap; and made good profit. L
soon found that there were three profits-on
the raw material, the dyeing and the manu-
facturing. l said to the manufactures. II
will supply you with material and dye, and
you supply me with manufactured goods"
So l got three profits instead of one, and
could sell goods cheaper than anybody. In
short time made my $40 900 into $50 900.
My success all turned on one maxim. [ said
can do what another man can, and so am
match tor the man with the patterns, and
all the rest of them Another advantage
had: was an finland man made a bar
gain at once. When was settled in Lon
don, the East India Company had 100000
of gold to sell. l went to the sale and
bought it ALL knew the Duke of Yelling
ton must have it for the pay of his army in
2 l<D had hpr.
of his bills at discount. The Government
sent for me, and said they must have it.
| When they got it they did not know how to
get it to Portugal. undertook all that, and
sent it through France, and that was the
best business l ever did. Another maxim on
which he seemed to place great reliance was
never to have anything to do with an un-
lucky place or an unlucky man. Il have
seen" said he, many clever men, very clever
men, who had not shoes to their feet [ new
or act with tlem. Their advice sounds very
well, but fate is against them; they cannot
get on themselves; and If they cannot do
good to themselves, how can they do good
to me?" BY aid of these maxims he has
acquired three millions of money.
Il hope" slid, THAT your chill
drcn are not too fond of money and business,
to the exclusion of more important things
dll sure you WOultt uOC WISH THAT. tfOCnS-
child: . am sure l should wish that /
wish them to give mind and soul, and heart
and body, and everything to business. This
is the way to be happy. 1t requires great
deal OF caution to make large fortune, and
when you have got it, it requires ten times
rs much wit to keep it. 1t were to listen
to all the projects proposed to me l should
ruin myself very soon. Stick to one bust
ness, young man. said he to Edward;
- stick to your brewery, and you may he the
great brewer of London. Be brewer, and
q banker, and a merchant, and manuiactu-
rer, and you will soon be in the Gazette
One of my neighhors is very ill-temPcred
man he tries to veX me, and has built great
large place for swine close to my walk. So
when go out I hear first, grunt, grunt,
squeak, squeak but this does me no harm:
am always in good humor. Sometimes, to
amuse myself, 1 give beggar guinea He
thinks it Is a mistake, and for fear should
find it out, off he runs as hard us he can. 1
advise you to give beggar guinea some
times: it is very amusing"