The pioneer express. [volume] (Pembina, Dakota [N.D.]) 1883-1928, 1888-07-06
WEALTH OF Ro5hscn,Los.
Now They Founded Ths,r Fortunes
From the Washington Irst.

wealth. OF NQ9h0CHSl0S.
HOW They Foundedfr rns,r Fortunes
From the Washington rSst.
The Rothschilds arSaaid to be the
richest family in thsworld. They
have banks in tSssleading capi.
tails OF Europe, and iiIes and govern.
ments are among Atstr customers.
The Paris branch Of IL lbapking firm
is said to keep a capItA Of $500, ,ooo,.
900 at its command, Nnd hardly a
war is begun in Eurdpssor which the
funds are not furnishedby this fami.
ly. Still five eeneratf( (ns ago the
blood which now rulss &hese millions
was selling old clothes anf the Jewish
quarter of Franktort.on:the. Main,
and when Madison wasspresident the
first Millionaire died, leaving only
$5.OOO,OOO. s
once visited the home of all the
Rothschilds at Frankfort, and looked
at the little banking. house where years
ago Anslem Meyer R9thschild began to
take articles on pawn and to shave
notes for so much per vent. II is in
the dirtiest part of Frankfoct. and 1T
has about the same surroundings as
FiyAiPoints, New. Yosh. The street
is dirty. its Inhabitants are second.
hand clothiers, and it bears much the
same aspect now as it did when the
mother of all the Ro:hschilds gave
birth to the financier WHO laid the
foundations of this immense wealth.
The Rothschllds own their old property
here to-day, and their bank still has
a branch here.
When Apselm Rothschild died leav-
ing this S5,OOO,OOO to his five sons
he made them promise to keep the
fortune in the family and to carry on
tho business together. They kept
their oath. and it is this policy that
has been the handspring OF their sue
cess. Through generations they have
worked together, married together,
and their millions have bred faster
than their families, One of these
boys stayed ut Frankfort. another
went to Paris and established q bank
there, q third, Nathan, settled in
London, a fourth settled in Vienna
and the fifth opened a bank in Naples.
All OF them made money very rapidly,
and Nathan at London made his mil
lions breed faster than Australian
rabbits. He went to the Continent
during the Napoleonic wars and from
the knowledge there gained speculat-
ed OH the rise and fall of stocks. He
witnessed the battle of Waterloo and
by relays OF horses and u fishing.
smack reached London in advance Of
all other messengers. The telegraph,
was then unknown and his news WIS
the first brought in. The news he
gave out was that Napoleon had con-
quered. or at least this was the news
that was spread all over London
after his arrival Stocks went down
like a shot and Nathan WAS offered
loads OF them, He refused to buy
but had his agents purchasing all the
time. The next day the true news
came and stocks jumped upward.
Nathad Rothschild made, it is said,
So, 100000 by the deal.
The Rothschilds hold high social
positions in the various countries OF
Europe. They have mobiles among
them, AMI their money has bought
them titles. They ate a family of,intel
lectual and artistic tastes, and with
all their wealth they have becn some
Whist charitable. The idea prevails
among the lsraclitcs that it IL their
intention at some future time to buy
Palestine and give it back to the Jews,
and they have already established
hospitals ut Jerusalem.
Some of them have been horse lovers,
and a Baron Rothschild owned Fav.
onia, one of the famous horses that
have won the Derby. They believe in
enjoying their wealth and like to have
nice things about them. One OF the
Frankfort Barons not long ago pad
Sl6O,OOO for q silver cup which hs
wished to use for rs center.piccc OF q
table service which he was making up,
and one OF tho Vienna Barons has u
stable which cost him $50, This
stable has marble floors. cncnustic
tiles painted by distinguished artists
and it's walls are frescoe,i with scenes
done by well-known painters The
rings, chains and fittings OF the stable
are silver. and one box.stal for n fa-
vorite horse cost, it is said, $4,000.
The income Of the owner OF this
stable is about S5, 900 q day.
The biggest income OF any single
man in England is said to be that OF
the Duke OF Westminster, who has
miles OF tenement houses md many
square miles OF agricultural land.
He is said to receive $50 u
minute the year round, Or 5000 an
hour. or $4,000 q day. Queen Vic
torin has also u nice income. and it is
estimated that she has received nearly
one hundred millions OF dollars since
she assembled the throne. The Dukes
OF Devonshire. and Norfolk and the
Marquis OF Butte have each rents
amounting to S2,OOO.OOO per year.
and the Duke OF Portland, after en-
travayancies like those OF Monte
Cristo, accumulated S1O,OOO,O0O Of
unentailed property du,ing his life.
The tax of England is largely an IN.
come tax and it is possible to tell
something OF the fortunes OF her citi.
zcns from the amount of income re.
turned. OF course this is always less
than the real amount received. Still
it makes ones eyes open to know that
Lord Durham owns Sl3.OOO.OOO OF
personal property, that the Duke OF
Portland gets million a year from
his real estate alone and that the two
largest returns af personal property
were made by men who do not belong
to the nobility. Mr.. Grassy, IL rail-
road contractor, acknowledged to
having S:}O.OOO,OOO personally, and
Mr.. Morrison. IL dry goods man, 800.
100000. Lord Dudley, one OF the
large owners of England's coal mines,
had for years an income of over
So, 100000 from this source alone,
and the Duke of Burclcuch gets
81, 10000 a year from his lands. In
1872 there were more than 1.5OO
men in England who had incomes
of over S25,OOO u year. and there
were S57 men who had incomes rang
ing between $4,000 and $3.50 900
yearly. 1t is said that there are more
large fortunes in the United States
than in England and that the English
milIionaires spend their incomes more
freely than do the Americans. This
may lie true, but doubt it.
a Canada contemporary says that
hoven. the result OF eating too much
green clover in pasture. is easily pre-.
vented Have IL good straw stack nc.
:essible to cattle, and they will al-
ways eat sufficient OF the dry stuff to