The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-05-10

Especial Correspondence OF The Times
Dispatch.) ts4
EST FRANKFORT ON THE MAIN, May -
Tho Rothschilds have closed their Frank
fort bank and removed Its business TO
Par!s The head OF the Paris branch was
here not long ago. lie said he saw no
reason for banking on sentiment and that
the Franforkt business could be done by
the Rothschild agents In Berlin and BY
their houses at Paris and London. This
means the breaking up OF the establish
nient upon which the great Rothschild
fortune was founded, fortune which Is
supposed to amount to more than one
billion dollars.
The First Rothschild Bank.
rode down this morning to the Jew
quarter. where the original Rothschhd
began business along about the timetof
our war Of independence, It Is numperea
JAS Jew Alley. 1t Is lean building or
four stories and an attic, picturesque 70
an extreme. It's windows are OF small
panes SGT in black sashes. and It's four
front doors are the same as when the
leading bankers OF the past came mere
10 borrow money. 1t Is situated In the
Jewish quarter and surrounded by build
tugs as old as Itself. There are many
old clothes men near by and jewish chill
dren swarm the street, ] am told that
the house still belongs to the Rothschilds
md that 1t will stay In the family.
America and the Rothschids' Fortuen.
It is not generally known that the
United States had much to do with the
RothschiId fortune. We have sold the
FAMILY tens OF millions OF dollars worth
Of our bonds, and Its different branches
have enormous interests In industrial
america. They took fifteen million dol
lars worth of bonds when Cleveland was
President, and venture to say they stu
own some OF our best railroad stocks.
l,,tn ip ntIr
md gold mines and also In our leading
such investments have BEEN made dur
1ng recent years. The beginning was
more than a century ago. When George
III. fought against us In the war OF in
dependence he employed about 1900 Hes
SLAMS and for their services he paid one.
of the little German monarchs the enor-
nous sum Of twenty million dollars, ms
was William w. Landgraye. OF Hesse,
ono of the thriftiest rulers of his time,
This money was still In hand when Ma
poleon began his victorious marches over
Europe, and In order to prevent us cap
t,ire and consequent loss Wlliiam ", gave
At over to the care of Mayer Amsel Hoths-
child. AS the story goes the money was
brought In a carriage one night to this
old house and handed over. The loan
was kent secret, and 1t was seven years
before It was repaid with interest at the
then low rate of two per, cent. per an
mum,
II is said that Rothschild kept his money
IN n. big safe, so arranged that 1t could
no lowered and raised like dumb walter,
hut so that when dropped there was no
sign of its absence, According to one re-
mort, when the safe was dropped to It's
lowest point 1t was hidden In well OF
water, and as the contents We're chiehy
gold coin, they were. not injured thereby
The Five Rothschds.
However this may be. old Mayer Amsel
aid not let the money lie idle. He was
shrewd investor and he put 1t so that II
bred faster than Australian rabbits He
already had All excellent knowledge OF
the leading financial institutions OF Eu-
rope At the age Of thirteen 1t is said
he knew every business man in Frank
fort and Just what he was worth. Now
he was older and had had much expert
ence In banking, He invested the money
90 safely that he was able to return 1t
intact when 1t was called for, and this
80 pleased his imperial creditor that he
became his banker thereafter. He made
sons In an international banking BUSH
ness
The eldest, Anslem, was kept at Frank
fort to succeed him, The second Solo
mon, went to Vienna and established
bank there. which Is still one of the
strongest Of the world. Nathan Mayer
game to England and opened bank at
Manchester, which he afterwards re-
moved to London, The fourth son.
K Charles, founded house at Naples. and
the fifth established one at Paris. AN
( nj these banks worked together The