Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1888-06-12
SEMI. weekly WORLD.
RICHER THAN CRGSUS.
Money Kings Who FIourishcd Before this
Goulds and vanderbilts.

century the kOlhScnlltS were hardly
known outside of Frankfort There
they had little shop in the Juden-
gasse. wherein they sold Old coins.
They have risen to fame that ex-
tends throughout the world. and they
have attained power which tran
scends that of Emperors or Cars
Has this amazing rise had its source
in greed, In oppression. in the beaping
up and holding fast 10 riches? BY no
means. Such qualities alone would
never have enabled mon to do
what the Rothschilds have done. A
well-known New Yorker. long-noted
for his success. once said: THE secret
of wealth does not lie in knowing
when to hold on to money; it consists
in knowing when to let it 60"
What Is more they have not let it go
solely to Kings and potentates whose
gratitude whom prosperous might DO
trusted to reward the services extend
ell in adversely; they have let it go in
opon-handel and even lavish bcnevo-
lence in numberlcss cases where there
was little, If any, chance of their evcr
being repaid ut all. No banking or
mercantile house in the world has ever
given away 50 much money in quiet,
transformations charity rs the house OF
II ,thschild. although the splendid gilt
of tha American. George Peabody. to
tho poor of London can never in this
connections be forgotten.
In 1904 Maycr Amschel Rothschild.
the head of the house. had become
..,L
tract with the Danish Government for
tho issue of loan of 4 900. 900 ihalors.
He had previously been male court
banker to the Landgravc of Hcssr.
The latter. on the approach of the in.
vading French, subsequently, left his
entire fortune in Rpthschi.d's care.
The French pillagcd in every direc-
ton and the Landgrave flod for safety.
1t was years before he again spoke
face IT, face with R,thschild.
He took it for granted his money
was gone. Not so. said Rothschild.
'evcry penny is ready for you. with
five per cent Interest," lie hal con-
trived to hide the coin in cellar in
wine casks. Afterwards he sent it TO
his son Nathan in London. Nathan
spccuatcd with immense success. and
not only possessed the money 10 re-
turn, but had amasscd fortune by its
use besides.
Mayer Rothschild died in 1912, aged
sixty-Scvcn. leaving five sons--An-
selm Mayer. Solomon. Nathan. James
and c ri. Tho first staid in Frank
ford. The others founded new branches
OF the parent banking house In
Vienna. London, Paris and Naples 1t
is this famous pentarchy which, car
rying out The parental plans. have
made the name If Rothschild what it
is. Their mother, Guduln. lived to
tn, great ago of ninety that is.
to the year 1919.
Every body has heard the tales of
how the r ,thschids got the first news
in London of the result OF the battle OF
Waterloo Of their frequent employ
II eut of carrier pigeons on This and
other occas ons; of their corners" In
morcHry, grain and many things be-
silcs; of their adrot use of notorious
enemies pn the Stock Exchange and
elsewhere; Of their Ohis is imputable
individually to Nathan, howevcr) re-
fusing to operate with men. however
clever, If they were unlucky, and 80
on. Another odd thing about Nathan
was his careful omission to state in his
will tho amount Of his wealth and the
precautions lie tool, to prevent this
from b coming otherwise known when
he died. II am as good rs YOU" he
said to the Due dc Mnntmorenci when
his title was granted. you style your
self the first Christian Baron. and | am
the frs J,w Baron"
''Oic secret of Nathan Rothschild' s
success" says the author of The
Stock Exchange was the secrecy
with which he shroudcd all his trans
actions. and the tortuovs policy with
which he misled those who watched
him the kcencst. If he possessed news
calculated TO make the funds rise he
would commission the broker who
acted on his behalf to sell half mill
ion. The shoal of men who usually
follow tho movements of others
sold with him. The news soon
passed through Capal court that
Rothschild was bearing the mar
kct and the funds fell. Mon looked
doubtingly at one another. n general
panic spread bad news was looked for,
and these united agencies sank the
price. This~was the result expected.
and other brokers, not usually en-
ploycd b. Ro;hschild. bought all they
could at the reduced rate. BY the
time this was accomplished The good
news had arrived; the pressure ceased.
the funds rose instantly. aud Mr.. Roths-
child reaped his reward"
1t is proper to say of Nathan's son
Lionel, who subsequently,. at the early
age If twenty-cight. became tho head
Of the l. pndon hous'. that he never
pracliced devices like the foregoing
ones. He felt that the Rothschilds had
oulg own the need for them. IL there
ever had been any such need. and his
transactions, vast as they often were.
included no detail that could be called
trick or thai was inconsistent with
the loftiest standards of commercial
honor. He died in 1879, after doing a
vast amount of good. and the dcstinies