The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-06-22
THE ROTHSCHILDs
The Late Baron Lionel dc Roths-
child and His Successor.
The Discipline Maintained IN the
Fanailv-The Business Of the
House Carefully Sub
divided.
fcorresnondence New York Trtbune.I

FCorrespondence New York Tribune]
LONDON. June 6-Baron Lionel de Roths-
child, who died this week, was person whose
life might have furnished an Invaluable study
to biologists. Said one OF the family TO me
one day, man who was In the most fntl-
mate and constant relations with him: lie
has lived for seventeen years by sheer force
Of will" It used to be alleged that the Baron
had had paralytIc stroke. He never had
anything Of the kind, save at the last, per-
haps, for the papers described the shock
which carried him off as Internal paralysis,
which doubt. But for seventeen years ne
has been q cripple from disease In the ma
ture of rheumatic govt, affecting the joints
Of the lower limbs. During all that time ne
has seldom walked; at first he was able to
move about, but the Ieast exercise caused nina
30 much pain that he gradually gave 1t up
altogether. But he never gave up business,
nor relaxed the iron control which belongs By
tradition to the head OF the great house OF
money-ehangers. He was usually carried o.
supported from one room TO another Dy Two
attendants On MS best days n .s. Wou n.1
his own legs, but these occasions Of late years
were rare; and the pain he suffered was dis
tressing. He had to bear violent mead
aches also. He came down to break s
and that as his head WAS worse than
usual, he Thought he would 90 into the
city little earlier than usual, ana WouIa De
lifted into his carriage as soon as breakfast
was done. That was his idea Of relaxation, or
biz notion OF remedy for his Ills. Excepting
on Saturday and Sunday, the jewish and
Christian Sabbaths, when all the business OF
| the house stopped, or on such other holidays
az closed the Excnange; ne vas never Ell ene -
| illness and misery. He saw much company.
| but latterly 1T was the two elder sons, SiE Ma
thaniel and Alfred, with whom the outer
| world came most often tn contact; -
may. as said, be doubted. IL ID more likely
| to have been the Khedive Of Egypt Inc
coupons due June on the Doisa loan we're
passed. public notification was given that
the failure Of payment was due to the Daa
| faith and shameless rascality OF the lurKlsn
Pasha who plundered Egypt with one hand
| and the European creditors OF Egypt with tne
other. But such an incident was new IN the
history OF the house, and 1t bore heavily On
| the old mans mind. He was 10 suca q state
| that few cared to approach him, and nothing
| Is more likely than thai the evaporation ana
worry and anger, acting on system ar z l1ng
since shattered, proved too much LOT Wnae
strength remained to him:
The scerter passes to his SOD, Sir Naehan-
| lei de RothschiId. In accordance with gne
rule Of q family governed BY rules, he Pc
comes chief, not only Of the English family,
but OF all the Rothsehilds Of the Continent.
Until his fathers death he was not even
pertner In the business. The partnership
question was raised at the time OF the suez
Canal shares transaction, when the Roths-
childs acted as brokers for Lord Beacons-
fields government, at price winch put
81 25O, 900 into their pockets as direct commits
sion, and perhaps twice as mucn indirectly
| by means OF that dealing 10 shaTeS Wniel
II 49, taHn NJ
them to carry on without FISK OF loss oIE
/ Nathaniel being then as now member OF
Parliament, 1t was urged that he mad fOffelted
his seat under law when forDids the aWaIa-
ing Of any government contract to any part
ner i'd firm holding seat 10 the House. ~
was found necessary to explain to the pubic
one OF the family regulations usually kept q
/ secret, and 1t appeared that SiE Natnanlel de
had, nevertheless, an intimate knowledge Oh
! the business, and may easily enough assume
the control Of IT. and accept ne responsi-
Ibility Of those gigantic financial transactions
always engaged in. With the RothschiIds. as
with other great governments, the smooth
and sure performance OF multifarious
duties depends largely on their d trained
a aa heads hhe depgaten ssss
, to the cashiers and other functionaries
of the houses of Rothsehild here and else
where In Europe. There fs well KNOWN
story, which may serve az an Illustration "A A
Swedish financler presents himself TO the
:. Baron with project for the working OF Some
fresh mines In his country: Inc Baron
, touches q bell, summons TO bis presence . 2
this gentleman what think about Swedish
. iron" "A story less knoWn-I think never
. printed shows the other side, the personal
J familiarity with the financial and political
) condition of Europe necessarily in possession
| - 10 an
, Beaconsfield was still Mr.. Disraeli, he ap
preached the late Sir Anthony de RotnsenlIc
with preliminary proposal TOT loan 90
European State. The circumstances were
such said Mr.. Disraeli that ne could mo-
communicate even confidentially, the name
of the power for which he was acting, but be
} desired to know whether the idea OF loan
on exceptionally advantageous terms. Wouie
; be entertained. Sir Anthony replied: u VII
tell you II you answer three questions, VIZ
The amount OF present Indebtedness Of tht
power you represent, the form 10 Wnicn 10 Il
held, and the rate OF interest me tnret
answers were given wnereupon pr r. A III ~
/ Two Sicilies; we can have nothing TO 40 VIII
it." In less than three months Garlbaldl nae
entered Naples.
No one man, be his position what y may a.,
3 can hold the keys to 30 many secrets as the
: Rothschllds hold, and 1t Is part OF their sue
cess that they are so closely united and 81
perfectly disciplined. No individual sets VI
his will against the Will or tne FANNY. N'
one house taxes line against the joint opln
2 Ion OF all the houses. They are, to all intent
+ and purposes, clan, ruled by chief and
d council, and are the standing exception to tn
j maxim that councils OF war dr. not fight. ln
side the London family the discipline is sail
s. to have been, II anything, more strict thai
abroad. The Boron exacted from big sons 40
> solute, unquestioning, almost servlle, SUB
. nission-not merely in relation to bushes
, matters, butt every relation Of life, "a mar
rage OF one Of the sons against his will Woul
have been impossible. Anybody familiar " VT
the gossip OF society can give you strikin!
. instance Of this fliai doeility. And society !
. already beginning to wonder whether To
8 Baron's death will make any difference u
= this case-whether the son 10 question SUI
+ wishes, and II he still wishes viii be permit
! ted, to marry the lady whom his father den l
: to him. 1t Is supposed that the prohibltio
holds even after death, and that the will
y the dead man is stronger than the passion
8 the living.
d Family control extended even to the turf
1 On