Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-05-09
II II CITY OF BANKER4
Especial Correspondence of The Dera News BY Frank Carpenter
contents were chiefly gold coin the
were not injured thereby,
THE FIYE ROTHsCHILDs.


were not injured thereby,
THE FIVE RoTHsCHILDs.
However this may be, old Mayer AM
sci did not let the money lie idle. He
was shrewd investor and he put II
so that Il bred faster than Australian
rabbits, He already had an excellent
knowledge Of the leading financial in
stitutions OF Europe. Al the age of
thirteen Il Is said he knew every busl-
ness man In Frankfort and just what
he was worth, Now he was older and
had had much experience in banking
He invested the money 50 safely that
he was able to return II intact when II
was called for and this so pleased his
Imperial creditor that he became his
banker thereafter. He made millions
ana was able to start his five sons In
an International banking business.
The eldest, Anglem was Kept az
Frankfort TO succeed him The second,
Solomon, went 10 Vienna and establish.
ed a bank there which Is stil one OF
the strongest Of the world Nathan
Mayer came to England and openeG a
banl, at Manchester, which he after
wards removed to London, The fourth
son Charles. founded a house at Ma
pies and the fifth established one at
Paris. All Of these banks worked to-
gether. The children Of the different
sons intermarried and the fortune has
as far as possible been kept intact The
descendants OF each son have tn "
own property, but as far as financial
investments are concerned any one can
rely upon the other to help him.
THE ENGLISH ROTHsCHILDS.
Today the English branch Is perhaps
the most important the Naples and the
Frankfort houses having been dlgcon-
tlnued This was founded by Nathan
Mayer Rothschild who was a cloth
merchant In Frankfort a part of his
life Much Of his cloth was brought
from England, and the trade In certain
patterns was controlled by one man
who had crusty business methods, and
who for some reason or other refused
TO deal with young Rothschild The re-
suit was that Rothschild vert TO Man
chester to buy goods. He at once saw
the opportunities for money making
there and stayed and opened a bank.
The bank paid, He moved II TO Lon
don and did better and at the end Of
nNt stdio was NoAtu a HliillpH hpiAhiS'
SIX MILLION DOLLARS IN ONE
DAY.
He then went into speculation on a
broad scale. He bought and sold stocks,
and at the time Of the battle Of Water
loo made six million dollars In one day
out Of advance news Of Napoleon's de-
feat. He sat on his horse and watched
the battle, and as soon as he saw that
Napoleon was defeated he rode post
haste for the English channel, He had
relays of horses and galloped night and
day He paid $500 to a boatman 10 car
ry him across to England and then he
took the horses and galloped on TO Lon
don, When he came on the stock ex-
change he looked sad and In strict con-
fidence told how Butcher had been de-
feated by Narulecr, neglecting 70 men
ton Napoleon's defeat later on. The
result was that stocks went down like |
a shot, and Rothschild through his Sc
cret agents was able to buy enough to !
make this enormous sum.
HOW TO GET RICH.
This Nathan Rothschlld had several |