Western Reserve chronicle. [volume] (Warren, Ohio) 1855-1921, 1870-08-10
FRANCES BEST ALLY.
RothsehIlds, Klng Of Moner Bags.


UFrom the Boston POst-l {
In the Juden Strasse, in Frankfort
Is tall, ramshaekle old house which /
strangers, particularly such as have q
commercial tendency or education.
tnd peculiar interest in examining. /
II Is the birthplace OF the Rothsehilds, /
the financial magnates, who have /
prOpped up more thrones and mon
archs than any bankers since the I
days Of the FlOrentine PeruzZi, who |
once stittened the financial legs Of Esu- |
rope, but whose vast fortune, dissi- I
pated by worthless heirs, is, like its
founders, well-nigh forgotten. In all I
these years since Anselm's time Of
lT43, or thereabOuts, the family has
been amassing riches by loans, pur-
ehases and other regular methods, |
and meeting with no reverses save
those Of lS4S, when the revolutionary /
Whiriwind swept away values and 1
despOts indiseriminately. Some two 1
score millions would cover that par /
tieular damage, an amount which was /
soon recovered. Every nation In Eu- l
rope has tested the ROthsehild purse. I
England drew upon 1t to the extent 4
OF 500, 900, 900, Austria some $50, 900, 4
600, France over $50, ,OOO, 900, and Ma I
piles, Russia, Tuscany and smaller 4
states found its help In their times Of /
need. Even Prussia discovered S40,-
600 900 In the Juden Strasse when she I
could have procured it nowhere else
and as for private enterprises-rail-i 4
ways, steamboats,, canals and 50 on
there was hardly one, when the se-
eurity was even passable, that failed I
to obtain the cash resources essential I
TO development and success.
When the head Of the house in /
Paris died, not long since, it required 4
months even to estimate his wealth, (
it was Of such vast extent and 50 va
ried in its character; and since his 1
death equally able management has /
further increased the value Of the /
whole, until the accumulation at I
tains figure almost beyond the pos /
sibillity OF comprehension. With their /
wealth, too, has come to the Roths- I
ehilds a reputation for integrity based /
upon that well-knOWn Transaction !
with the fugitive ElectOr Of Hesse /
Cassel, whose s., ,0O0, 900 in silver, hur- |
riedly deposited, was returned to him /
swollen with the eight years interest !
they paid for its safe and lucrative I
keeping. The Paris house has taken /
the control Of all the branches Of the /
firm within the past ten years, the I
original one at Frankfort becoming, |
like those Of Vienna, London and I
Naples, a subordinate. So vast at /
last has grown this concentrated pow /
er, and so judiciOus Is its application, 1
that the ROthschild influence now /
extends to all the bourses and ex-
changes Of Europe, and ROthsehild /
operations supply q barometer for the |
guidance Of banking houses the world /
over. AS the ROthschilds move so /
moneyed men in London, San Fran /
cisco and New York move, their IA 4
oilities for information and the never /
falling shreWdness that point their !
action being universally acknowledg-
ed.
Such a power, it may be imagined,
IS prOdissssous. Although flying no I
banners aud beating DO drums, it /
Is superior TO an army, however nu- |
merOus. Needleguns and ChassepOts |
cannot resist the subtle force Of a I
eheque; despOtism and Imperialism I
are p0werless to eOerce the credit viii /
hngly accorded by this firms asking. /
Consequently there is q significance /
in the resignation Of Alfonso ROths- |
child Of the PFussian Consulate at |
Paris, which will be readily eOmpre-
hended in eounting-hOuses In various (
parts Of the world. The Office was 1
conferred to placate the injuries in /
hieted upon the ROthsehild and other /
banding houses when Frankfort was Z
Ss6sorbed by Prussia-that lively De- 1
riOd succeeding SadOwa, when free
cities and free provinces were sWal-t
lowed without 50 much as by your /
leave, when German pOtentates fed |
to Paris and Vienna, and sustained I
lawsuits in London, and insults and Z
humiliation everywhere, from Stutt-I
CART to Stralsund. All Frankfort was /
wrJth at Prussia's exactiOns. The /
-sviss made by Bismark exceeded the
worst antieipatiOns. and naturally en-
gendOred the bitterest hostility against /
the kingdom he represented.
The abrupt REIMBURSEMENT Of this I
official honor Is an uneIuivOeal proof /
Of ROthschild memories and decided /
expression Of the ROthsehild sympa- /
thies. 1T means aid to France as the \
house has heretofore aided her; and \
II also indicates a belief that she is
worth farther aiding. This antagO-
nism Of finance may prove formidable
to Prussis, whose exehequer Is not so
plentiful as rumor pretends. To the
Rothsehilds will 60 the possessions
and funds Of all who seek q safe de-
pOsit for them, and their resources
will thus swell to an unparalleled
AS France contains so
much that makes the ROthsehildsr
wealth, and, as we have said, loans
having already been made here, the
Emperor will find whatever addi-
tiOnal accommodation he may need.
His empire represents payment in
full; his downfall reputation. Such
an alliance for him Is better than that
Of any kingdom 1t means supplies
and arms, and a.eapaeity to prolong
the war indefinitely. The financial
soundness Of the ROthsehilds being
involved In the security Of France,
they viii hardly fail to use their
efforts to secure bOth-their efforts,
It being understood, comprising the
efforts Of al the great bankers with
whom they are so closely and indis-
-,nrrh1rr aTTfaH 0