The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1891-07-31
The Aeillertat.


A few weeks ago The entire world MAS
smrtled by the neWs that Gustase Koshs-
child had lost Sas.ooeooo h various spec
ula,iye ventures, and that he had even at
tempted suicide In the presence OF IBIS mis-
fortune. But the loss OF these millions
made no more inroad In the colossal for
tdnes of the grand old house OF the brsth,.
rem Of the Red Shield than The loss Of as
manv hundreds would be likely to make
on the wealth of Vanderbilt or OF a Jay
Gould.
No one knows, Il Is true, how much the
Rothschild fortune is exactly, but Il Is safe
to say that 1t exceeds $1,000, 900, 900, says
the Philadelphia TsiegrlSA. In times
severe panic and trial lie magnificent sol.
idity has been proudly pointed at as one OF
the most enduring monuments of human
probity and industry.
In the great storm OF 1857, when for a
few days George Peabody's credit was
gons, when Barring Bros we're anxiously
urveying the wreekage all around them,
when a hundred leading mercantile and
baking firms OF London were seudding
under bare poles, Rothsehllds alone showed
no distress. They did Just as much dur
ing the panic as loan contractors, dealers
in bullion, stock purchasers, sellers OF Sc
curities, as ever before. Even when the
bank of England had 10 cry to the govern.
ment for help they swept on undismaved.
Losses do not seem 10 AFFECT them. In
1888 they lost S4o,ooo.ooo at one swoop.
In IS7o,at the time otthe Franco-German
war, they lost as much more.
Whence comes this mountain OF wealth,
this purse without apparent bot,oms There
Is nothing In the "ArabIan Nights" more
wonderful than the rise OF the Rothschilds
family; and yet there was no magic In It,
nothing bat thrift and patience, and the
watching of opportunities. In the city OF
Frankfort there Is dirty, narrow lane
called the Judengasse, or Jews lane. Al
the beginning of the present century II
was simply narrow lane lined with tall,
dilapidated houses, crowed from floor to
root with human beings living In state OF
ssualor and ilth that is indeseribable. In
this foul-smelling lane lived Mayer Ana
selm RothsehlIt, the founder Of the great
firm. lie lost both parents at an early
age, aud was destined BY his relatives for
the priesthood. Ills taste for business was
stronger, however, than his relatives wish
es, and he entered small clearinghouse
In Hanover Steadily he rose In his lem
ployer's estimation, and was soon appoint
ed assistant manager.
Having at last amassed sufficient capital
he returned to the Judengasse and started
as a money-lender under the sign OF the
Red Shield. la 1874 he died worth $S,-
100000. This fortune, which he intrust.
ed to his FIVE sens, Is Eow estimated over
$1,000. 100000 and Is still growing like i
SNOWFALL. The harmony and union which
Mayer Anslem made his five sons swear
when they were assembled around his
deathbed has never been broken. Each
Rothschild'S business and fortune Is a com
pact to protect tho firms name. How
many partners are there In this immense
firm which does business with empires
and Kingdoms every day' a few years
agothere were no less than seventy OF these
partners, and the number goes on increas-
ing. These are the fourth 10 descent
from Mayer Ansslm Rothschild. The
rule of intermarriage Is still kept up al
most as vigorously as In the royal circles
Of Europe, and intermarriage seems only
to increase the brightness of these phe-
nomenalls bright people.
The adventure of the unlucky Gustave
de Ro,hschild brings the Paris branch OF
the family rather prominently into view.
The first of tkese Paris Rothschilds was
Baron Solomon. Sjlomon's brother, Bar
on James de Rotbschild, took charge of
the Paris house in 1873. Baron James
carried on two thirds of the great financial
operations under Louis Philippe and the
second empire. Men called him tie pre-
teur des rois Cthe kings money lender. j.
lie took the initiative In building railroads
IN France-notably the Northern of
France. The Rothschilds today virtually
own this last mentioned road.