Arizona republican., 1898-04-11

culation to the amount of 1,251, 900, 900 pesetas, and gold reserve of only 23S,000,000 pesetas, while the silver and gold which it holds altogether amount to only 509, 100000 pesetas. A peseta is nominally worth 20 cents
 While the bonds of the United States and the bonds and stocks of the many great corporations within her borders sell at a high premium, the bonds of Spain go begging. Her owners are opposed to her issuing any more stock, as she is already suffering from an overissue.
 Now, the question is, what will the owners of Spain do with her? If Don Carlos were a man of more character the owners of Spain would probably put him at the head Of affairs; but his financial record is bad, and though his second wife is a woman of wealth, there is much hesitancy about consid- ering his claims to the superinten- dency of the Spanish property It is we'll known that the Roths- child fortunes got their first boost through the care Meyer Anselm took of the money left in his charge by Landgrave of Hesse-Cassel near the ! beginning of the present century, when 1 Napoleon was about to invade Ger many.
 This Landgrave, William TX, was the successor of Frederick II, the Landgrave who rented 22,0O0 Hessian i soldiers to King George III of Eng land for about eighteen million dollars for the purpose of defeating Americans in their fight for freedom. And it was this money and it's proceeds chiefly that were intrusted to the first Roths- child when the Landgrave fled before Napoleon.
 It is one of the Rothschild traditions that much of the money paid by Eng land for Hessian soldiers to fight | America was packed on a donkey's back to Ostend, ferried across the channel to Dover, and from there taken on mail coach to Manchester, where Nathan lent it out to pioneers 1 in England cotton manufacture. After the battle of Waterloo Nathan made grand coup in stocks, clearing six million dollars.
 l Nathan Rothschild died in 1886, aged 59, at Frankfort, where he had gone to attend the marriage of one of his sons. He changed the rule of the house with regard to Spain, and began to make money out of her necessities some five years before his death.
 The government of the dons, being hard pressed for funds, put up the out put of the famous quicksilver mines at Almado for a term of years in return 1 for loan. As soon as Rothschild got possession he cornered the market in quicksilver and advanced the price of the metal 100 per cent. By this 1 operation he cleared as much as he | had after Waterloo. It is worthy of note that some of the money with which the present Cuban war has been carried on has been raised by a i loan floated by the Rothschilds, with 1 the output of those same mines for security.
 | Meyer Anselm von Rothschild had i five sons-Anselm Meyer, Nathan, Sol omon, James and Charles; and they opened branches of the Rothschild bank in four cities, Solomon going to Vienna, Charles to Naples, James to Paris and Nathan to Manchester, Eng 1 land; while Anselm Meyer, the eldest remained in Frankfort.
 | Just before the fathers death the brothers were called together to re- ceive his blessing, and they then prom ised under oath to follow the policy he outlined. This included equal di- vision of all profits, standing by one another in any kind and all circum- stances, and the holding of family councils on all important matters. This policy is continued to this day. 1 James Rothschild, the last of the five brothers, died thirty years ago in Paris, aged 76. Charles, who had the Naples branch, died in 1855, and the house there was then closed. The Vii enna branch is now in charge of Baron Ferdinand Rothschild, the branch in Paris is under the supervision of Ed mond and Alphonse de Rothschild, and the London branch is directed by Lord Nathaniel Mayer Rothschild. All are extremely able financiers, of course, but the English Lord Roths- child is decidedly the leader, even as the English branch is the real Roths- child headquarters, in spite of the nominal premiership of the Frankfort branch
 It was part of the policy of the orig inal Rothschild to keep the wealth of the family together by a system of intermarriages, and consequently mat rimOnial union between first cousins has been common among them for two or three generations, while in the ab- sence of cousins. uncles have some times married nieces and aunts have been welded to nephews. Alphonse and Edmund, the leaders of the French branch, are the sons Of the Baron James RothschiId, one of the original five brothers. and his niece, the daughter of Baron Solomon Roths- child
 The Rothschild children, however, average as strong mentally and physi- cally as most children the wide world over. One of the brothers of Alphonse and Edmund, Baron Gustave, who succeeded his father as consul general of Austria at Paris, attempted suicide some years ago, but this was because of too much speculation on his own account, and not from mental weak ness.
 Of course, there have been some marriages outside the family. in spite of the keep-together rule. This has, in fact, been necessary from tha nre-