The Louisiana populist. [volume] (Natchitoches, Natchitoches Parish, La.) 1894-1898, 1894-09-07


mulate money, as that presented
by the act and that the old plan of
State Banks is so unpopular, that
the new scheme will, by mere con-
trast, be most favOrably regarded,
Notwithstanding the fact that it
gives the National Banks an almost
absolute control of the National
finances. 1.-THE few who can un-
derstand the SYSTEM" he says,
twill either be so interested in its
profits, or so dependent on its IA
vOrs, that there will be no OppOsi-
ton from that class, while OIL the
other hand, the great body of the
people, mentally incapable of COM
pretending the tremendous advan
tages that capital derives from the
system, will bear its burdens with
out complaint, and perhaps with
out even suspecting that the sys-
tenn is inimical to their interests"
Please advise us fully as to this
matter, and also, state whether or
not you will be of assistance to us,
if we conclude to establish Ma
tiOnal Bank in the City of New
York. you are acquainted with
MIR. Sherman he appears to have
introduced the National Banking
act), we will be glad to know some
thing of him. If we avail our
selves of the information he fur
nished, we will of course make due
compensation.
Awaiting your reply, we are
Your Respectful Servants,
ROTHSCHILD BROTHERS.
To the above the accompanying
letter was sent in reply:
kitchener, MORTON g. WANDER !
GOULD,
Private Bankers, Dealers and Brokers !
in Stocks, Bonds and Gold, and Ameri- :
can Agents for the Investment of En-
glish Capital. !
New York, July 5th, 1868.
Messrs. ROthschild Brothers, London, En-
gland:
DEAR SIRs: We beg leave to
acknowledge the receipt of your
letter of June 25th, in which you
refer to communication received
from the Hon. John Sherman of
Ohio, with reference to the advant-
ages and profits of an American in
vestment, under the provisions of
our National Banking Act.
The fact that MIR. Sherman speaks
well of such an investment, or of
any similar one, is certainly not
without weight, for that gentleman
possesses in a marked degree, the
distinguishing characteristics of
the successful modern tinancier.
His temperament is such that
whatever his feelings may be they
never cause him to lose sight of the
main chance. He is young, shrewd
and ambitious. He has fixed his
eye upon the presidency of the
United States, and is already a
member of Congress. He rightly
thinks he has everything to gain
both politically and financially (he
has financial ambitions too), by be-
ing friendly with men and institu-
tons having large financial re-
sources, and which aJ times, are
not too particular in their methods,
either of obtaining governmental
aid, or protecting themselves
agaist unfrendly legislation, we
trust him here implicitly. His in
tellect and ambition combine to
make him exceedingly valuable to
us. Indeed, we predict that if his
life be spared, he will prove to be
the best friend the mOnied interests
of the world have ever had in
America.
AS to the organization of Ma
tiOnal Bank here, and the nature
and profits of such an investment,
we beg to refer to our printed cir
cular enclosed herein. Inquiries
by European capitalists, concern
ing this matter, have been 80 nu-
merOus, that for convenience, we
have had our views with regard to
it put into printed form.
Should You determine to organ
ize q bank in this city, we shall be
glad to aid you. We can easily
find financial friends to make a
satisfactory directory, and to fill
any official positions not taken by
the personal representatives you
will send over.
Awaiting your further orders, we
are
Your most obedient servants,
IKLEHEiMER, MORTON & VAN
DERGotLD.
Enclo sed with the foregoing let
ter was the following circular:
CONFIDENTIAL CIRCULAR.
Iklphpimpr Morton & Vandar