The New York herald., 1879-08-05
THE JEWS IN INDIA.
A REMARKABLE ISIAEJITE FA1IILY-woRK OF
THE GREAT JEWISH TRADERS IN INDIA.
Eroin fhe InI,dn lnho

A REMARKABLE IsIAELITE FAMILY-woRK OF
THE GREAT JEWISH TRADERS IN INDIA.
From the London Globc.l
The beautiful statue of the Prince of Wales pre-
sentcd to the citizens Of Bombay by Sir Albert
soon. the 10Th of June unveiled by His
Excellency Sir Richard Temple, in presence of .
great concourse of Europeans and natives, drawn
together in spite OF heavy rain do honor to tho
occasion. 1t is the first equestrian statue which
has been erected in Western India. In his speech at
the ceremony Sir X. Temple said:--Let me draw
for your consideration, and especially for the
sidcration of our native friends present just
moral which is to be deduced from the history of
the Sassoon family. The Sassoon family Of tho
Hebrew persuasion. Their is Hebrew. per-
haps Arabian. and their original habitat Bag
dad. There the father OF Mr.. David Sas-
soon long established merchant,
as his fathers were merchants before him.
lie occupied an important financial position under
the turkish government, but was driven iroin ms
native Land by various causes, partly accident and
pe~tilence, and partly also dissatisfaction With tho
government In 1854 he first migrated to Bushirc,
doubtless under British protection, and then es-
tablishcd himself in Bombay. city where he
an unbroken career OF thirty years of usefulness
and OF prosperity. Having established firm there
the trade between Bombay and Bagdad greatly
tostcrcd by his influence anu by the influence of
other Jewish families who migrated after him, and
who have brought valuable accession to
cur mercantile communities, both III Bonn
bay and , calcurt | aude s ,,, more pastie,n
Ezras. Now. these great jewish families, of
which the sassoon family is the greatest, have in
huenced the trade between Bombay and Bagdad that
it is now no exaggeration to say that the trade be-
tween India and Mesopotaiuia, with its commercial
centres, Bagdad and Aloppo. is Financed" at Bonn
bay Besides that, their operations have extended to
the Persian Gulf, to the interior of Persia to such
places Ispahan and Yezd, and ultimately to China,
Hong Kong, Shanghai and even to Japan: and then,
as with all other merchants in the British Empire.
their operations ultimately centred in London, and
from London they spread again to Liverpool and
Manchester. Now. from this, native gentlemen, our
Asiac fellow subjects, two great lessons to be de-
rived. First, You that 1t liz In the British Empire
that OF capital and enterprise and skill so often
become domiciied. 1t is the pride and the boast of
England that she is constantly assimiating into her
body polite the talents and capacity of other ma
tions. Every who can strike blow Tor Eng
land who succeed in trade or who can become
learned in literature make discoveries in science
Is welcomed, is cordially welcomed by pure English
people into the broad bosom of the British Empire
Again. another important lesson is this. that capital.
the accumulation of savings all that which political
economists call the sinews Of commerce as we'll as
war; invariably concentrate themselves, as by sort
of economic law, in the British Empire The fact
that England is the richest country in the
world which means that she has the great
est amount of accumulated available savings
in the world. is notorious. but not
only so, but the fact is even more prominent in tho
case OF Asia. la our Asatic doininons are concen-
tlsscd the most enterprsing the most skilful, the