The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1870-08-02
THE "SINEWs OF VAR"
The Rothschilds and their Sympathic'
AN Important Ally for France.

In the Juden Strasse, in Frankfort, is tall,
ramshackle old house, which strangers, par
ticularIy such as have a commercial tendency
or education, find peculiar interest In exam
inlng. 1t Is the birthplace Of the Rothschilds,
the financial magnates, who have propped mp
more thrones and monarchs than any bankers
since the days of the FlorentIne Petruzzl, who
once stifrened the financial legs Of Europe.
but whose vast fortune, dissipated by worth
less heirs, is, like Its founders, well-nigh for
gotten. In all these years since Anselm's
time in l743, or thereabouts, the faml-
ly has been amasslng riches by loans,
purchases and other regular methods, and
meeting with no reverses save those Of
ls4s, when the revolutionary whirlwind swept
away values and despots indiscrlminately
Some two score million would cover that par
ticular damage, an amount which was soon
recovered. Every nation In Europe has tested
the RothschIlds' purse. England drew upon 1t
to the extent OF 5000, ,OOO,O 900, Austria some
$50, 600, 900, France over sS0,OO0,O 900, and Ma
pies, Russia, Tuscany and smaller States found
It's help in their times Of need. Even Prussia
discovered s4O,OOO,OOO in the Juden Strasse
when she could have procured it nowhere
else, and as for, private nterprises-railways,
steamboats,, canals and so on-there was hard
ly one, where the security was even passable,
that failed to obtain the cash resources essen
tial to development and success.
When the head of the house in Paris died,
not long since, 1t required months even to es-
innate Ills wealth, il was of such vast extent
death equally able management has further
increased the value Of the whole, until the ac
emulation attains figure almost beyond the
possibility of comprehension. With their
wealth, too, has come TO The Rothschilds a
reputation for integrity based upon that we'll
known transaction with the fugitive Elector Of
Hesse Cassel, whose $4,000, 600 in silver, hur-
riedly deposited, was returned to him swollen
with the eight years interest they paid
for Its safe and lucrative keeping. The
Paris house has taken the control of all
the branches OF the firm within the past ten
years, the original one at Frankfort becoming,
like those of Vienna, London and Naples, q
subordinate. So vast at last has grown this
concentrated power, and 80 judicious is its ap-
pllcaLlon, that Rothschild's influence now eX-
tends to all the bOuTses and exchanges OF Eu-
rope, and Rothschlld's operations supply
barometer for the guidance Of banking houses
the world over. AS the Rothschilds move, so
do monieG men in London, Sun Francisco and
New York move, their facilities for informa-
tion and the never-faillng shrewdnees that
points their action being universally acknowl-
edge.
Such power, it may be imagined, is pro-
digiOns. Although flying no banners and
beating no drums, 1t Is superior to an army,
however numerous. Needle-guns and Chasse-
pots cannot resist the subtle force of cheque.
Despotism and Imperialism are powerless to
coerce the credit willingly accorded by this
firms asking. Consequently, there is sig.
nihcance In the resignation by Alfjnzo Rotfs-
child of the Prussian consulate ut Paris, which
will be readily comprehended in counting
houses in various parts OF the world. The Of
flee was conferred to palliate the injuries in
fcted upon the Rothschilds and other banking
houses when Frankfort was absorbed by Prus-
sla-that lively period succeeding Sadowa,
when free cities and free provinces were swal-
lowed without so much as by your leave;
when German potentates fled to Paris and
Vienna, and sustained lawsuits in London and
insults and humiliation everywhere, from
Stuttgart to Stralsund. All Frankfort was
Wroth at Prussia's eXactions. The levies madc
by Bismarck exceeded the worst anticipations,
and naturally engendered the bitterest hostili-
ty against the kingdom he represented.
The abrupt REIMBURSEMENT OF his official hon
or is an unequivrcel proof Of Gothschilds me-
morics and decided expression Of the Rolhs-
child sympathies. 1t means aid to France as
the house has before aided her; and it also in
dicates belief that she IS worth further aid
ing. This antagonism Of finance may prove
formidable to Prussia, whose excheGler IS rot
so plentiful as rnmor pre.ends. To the RothS,
childs will 90 the possessions and funds OF all
who seek a safe deposit for them, and thei;
resources will thus swell into an unparalleled
magnitude. As France contains so much that
makes the RolhschiIJs' wealth, and, as we
have said loans having already been made her,
the Emperor will lind whatever additional ac-
commodation he may need. His empire re-
presents payment in lull: his downfall repudia-
lion. Such an alliance is better for him than
that of any kingdom. It means supplies and
arms, and capacity to prolong the war inde-
Anitely. The financial soundness of the RUths-
chiIds being involved in the security of France,
they will hardly tai! to use all their efforts to
secure both-their effurts, it being understood,
comprising the efforts Of all the great bankers
with whom they are so closely and indissolu-
bly, allied.
NJ Edmund About who 40 yiporouslv as