The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1879-02-05
THE ROTHSCHILDS.
a sRetch OF the weuithiest House in the
World.

electJr Of Hesse Oassel, flying through
Frankfort, summoned TO an audience a
prominent tanker of the city.
am one of those" he said, "who
trustel to the faith of that faithless per-
iurer and enemy of his race, Napoleon
Bonaparte, He promised to preserve
my territory from violation and to treat
me as a neutral prince. He has. forced
me to fly from my own domain, has al
ready seized it, is to obliterate it and
make it pait of the kingdom of West
phalia. l have with me about five mill
lioIs. Take them Keep them in Sc
curity until my rights are restored and
recognized. How much interest will
you allow me ?"
"Jn the disturbances OF the time, "
replied Mayer Won Rothschild, "I can
promise nothing. It must be a very low
rate if any. You will have to trust me
to pay what 1 can, when l am able to
afford it.
Very we'll, replied the elector, "my
chief purpose is to secure them. From
what 1 can learn Of you cannot do bet
ter than to trust you. L must bid you
adieu."
Rothschild departed, received the
electors treasure on deposit, was able to
loan it and reloan to some advantage,
but paid no interest on it for eight years,
and returned it to the electors son in
1928.
Such, at least, according to the leg
end, is the origin of that wonderful
and operations are surrounded with
something of the mysteries and dazzliugI
spectacular display found chiefly in
fairy romance and Arabian Nights
tales.
During all the troubles in Europe in
the early part of the century, Roths-
child remained undisturbed. He nego-
tiated two loans of $4,000, 900 each for
Denmark, which, contemplate now,
were enormous then. A large whole.
sale yankee notions or dry goods
house might surpass them to-day.
Mayer Rothschild had the faculty of
turning all chances to good account.
just before his delth in 1912 he called
together his six sons-Nsthau, Solo,
mon, Anselme, Karl, Mayer and James,
and said to them:
want you to promise on your sol
emn oaths always to remain united in
carrying on the operations of our
house."
They swore as he asked, but after his
death separated; or rather they divided
Europe between them. They establish
Ell their houses at Paris, London,
Frankfort, Vienna and Naples. Each
one shared in the general operations of
the house, but had individual supervi-
sion over this particular field. It was
not central bank with different
branches; there were five different
houses, which, if occasion required,
acted as one.
The emperor of Austria ennobled all
OF them as if they were all the eldest,
which is an Austrian custom. Their
arms were five golden arrows. Byare.
mGrkable coincidence, an ancient writer
predicted that Charon, who, according
to the old myth, ferried people over the
Styx, or river of death, and who gets his
pay from the passengers, would have a
large income in the year 1855, and in
that year Nathan, the eldest, and Solo,
mon and Karl all died. Everybody ex-
pec;ed, as each one dropped of, to learn
at least the sesrets of that enormous
bankiug-house. But there was not the
smallest chance to look into their big
books. Another Rothschild stool ready
to take them from the dead man s hands
The firm is a dynasty. You can lelrn
from it only that it has secret of MAX
ing money.
One of the great strokes of the Roths-
child house was ma lie when Nathan, the
l. ndon banker, and an English citizen,
followed close in the rear Of Napoleon,
in 1915, as if he foresaw the fall of that
giant. The sun had not set on the bat.
tie of Waterloo before the banker wa,
we'll on his way to London. He bough,
English consols, at that time very low il
price. When London heard the grea,
news, consols rose and Rothschild sold
This transaction was entirely r Jths.
child-like. In their transactions, chance
is eliminated as much, perhaps, as j.
is impossible in human affairs. The
conception of these grand schemes are
clear aud simple, however vast. The
accomplishment alone is difficult, be-
cause it requires rapid glance over the
whole fell and large capital. But there
is in them indications of genius. in
most OF these first great operations there
is the peculiarity of Christopher Oolum-
bus fImous egg trick. Dollars, like
soldiers, need to be hurled en- naaSse
and at once against designated point.
The Rothschilds in this respect have
been the greatest captains Of the century.
Capital has displaced men in the
world of industry. Formerly man was
producer or a negotiator, a borrower
or lender. Now, by the substitution
of capacity, he may be all Of these at the
same time. In Belgium and Spain the
Rothschids are producers of coal and
quicksilver. BY virtue Of the railroads
they own they are also carriers; to-day
they will be the largest buyers, to-mor-
row the largest sellers in Europe. Spec
ulation is the fairy of the nineteenth
century, and the Rothschilds are its
godsons. Life at the present day has
been almost tripled in intensity. A man