The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1878-06-06

represent the firm in thetcity Of Man.
chester. Commencing bis career in
1900 as q purchaser Of .;oods for
the Continent, he coon amaased
considerable fortune and removed TO
London, where he took up his abode and
married daughter of Lev: Cohen, one
of the richest and most prominent Jews
in the metropolis. 10 1903, at the time
of the commencement of the war with
Spain, the extraordinary means Of Ma
than Meyer were made apparent to
the mercantile world. Through the
agency Of his father, large sums Of
money were placed st his disposal, and
these were invested with such good
judgment that his capital rapidly in-
creased. Gradually his transactions
pervaded the whole of the Continent, no
operations in Europe having existed on
80 large e scale prior to his time. He
entered into competition with the power.
ful banking house Of Gcldsmid, another
prominent Hebrew, aud undertook ven
lures which tho leading bankers of the
day were too timid 10 touch. In 1910
he was brought in close connection with
the Government. The Iron Duke, while
engaged on the Peninsula, had made
some drafts which the Treasury could
not meet. Rothschild, anticipating the
result of :hs Continental war, purchased
these at a liberal discount, renewed
them TO the Government, which subse.
quently redeemed them at par. This
operation greatly enlarged his capital,
his opportunities, and his connections.
The Government employed him to trans
init subsidies to the Continent. BY the
interest of the Landgrave, he was ap.
pointed agent for the payment Of the
Sl2, coo eco which, By the treaty of
Toeplitz; England had to pay her Ger
man allies. Az might be expected
large profits accrued TO the house by
these transactions. When the great
battle Of Waterloo tcok place, Roths.
chiid know tue fcsuit 33 hours before
the news of the victory reached London.
The means of comm .nication establish
cd by the house - 10 truly wonderful.
Carrier pigeons and fast-sailing boats Of
their own were used for the transmission
Of ne@ss. Reports :a cipher &C every iii
portant event were tied under the wings
of the birds which were constantly ar
irving in London, while at the same
time trusty agents were crossing the
channel in the stormiest weather The
sensational story which has occasionally
been circulated that during the famous
battle, Nathan Meyer was present on the
field, hanging on TO the skirts of We'll
lington, and that, as soon as the victory
was gained, ho hurried to the coast,
where he paid boatman $500 francs to
take him across 10 Dover, is absolutely
false, without sven the slightest founda.
ton in fact. It is simply ono of the
many sensational falsehoods got up
about the family to pander to the tasten
Of certain class of readers. During the
whole of that exciting period RothsChild
i5ver lef the city OF London. His
agents and the pigeons supplied him
when, on The morning OF Tie 10Th Of
November. 1915. oil the bankers and
brokers Oh tie London Stock Exchange
thought that Napoleon had again tri.
umphed, and stocks tumbled accord
ingly, Rothschild alone, who knew the
.rn.h hnnghs thronggh his secret agents
obtain. On the afternoon Of the 2lst,
two days after the batJs, the news Of:
Wellingtcn's victory reached London.
The public Joy was intense. The Ex-
change was b1oyant. Everything went
up that had before gone down. But
among the millions Of British subjects
that Tejoiced; that day, there was per-
haps no ono that could moro thoroughly
appreciate the victory than Rothsc6ild,
for while he, tne,. reioiced In his conn-
try's honor, he had the additional pleas.
ure of knowing that his own treasury
had been increaacd by over 100000.
1t must not be supposed, however,
| hnt hn tyrc In, rtat, oE,t NJ
casionalIy ne was exposed to many SO.
tion ia isz5, aud the depreciation in tho
funds which followed the several dia.
turbances in the European cities, II has
been estimated that the losses Of the
Rothschilds reached the enormous figure
of $40, 900, 900. Although this took
place after Nathan Meyers death, it is
ir 'uded among, the losses which have
be :. enumerated as tending to show that
10 the viciasitudes Of business even such
firm as that of Rothschild sometimes
encounters severe reverses. Fortunate.
ly, the resources Of tho house were at
all times eqnsl TO the emergency.
The. great success which generally at
tended nll tho loan contracts IN which
the BARON was interested made Il mat
va W tNaAy Will ati tio Othtee which
wanted money to obtain his co.opera-
tion. He would never make any such
contracts with Spain or the American
Republics which were formerly her colo.
MES: Whether this disinclination arose
from prudential motives or because he
did not desire to assist race which he'd !!
SO prosecuted his own, it would be diff.
cult 70 aay. But not only in loan con.
tracts Merr his operations considerable.
bat ais in bullion and foreign ex-
changes. In his commercial dealiags he
is said 70 have besn very liberal, and
many, merchants whose bills were do
clined elsewhere found ready assistance
from him. An illustrative Of his Inn
nense power. as also Of his dis, ,osition,
the following authentic anecdose will be
snilicient: The London firm, requiring
9 loan ior snort time, made applica.
ton to the Bank OF England, Offering Sc.
curly therefor. Tho Governor deciin-
ed, much to the enspriee of Nathan
meyer, who at once summoned his
bankera for q conference. The London
firm change monthly their bank account
from one 70 another of the banks Which |
and ! 1their check. AT that time the
setAsSuus "a BoiA lb tAG otGh OI JpSthnu
was at the lowest point, and had I'm
been commenced It must have led to the
suspension Of the bank. Rothschild,
well knowing this fact, gathered up eli
his balancea from his several bankers,
apdi returning to the Bank of England,
aadAd speeie for three times tho
atsiOuAt beid by that institution. The
Goyernor, amazed Of the position in
Uuiuc tuu pisnH HSts PAscelS, uanufy suIh.
noned the Directors, who at once re-