The Providence news. (Providence [R.I.]) 1891-1906, 1905-05-26

The announcement OF the baron's death
caused widespread regret, for besides his
position in the financial world. Baron Al
phonse was known for his lavish charities.
one OF the latest being the gift OF s. 900, 600
for the erection OF workingmen's home
The news Of the baron's death caused
a deep impression among financiers gen
orally II was said that his death would
probably momentarily influence the ex-
tensive interests in which the house is
concerned. but that II would not have a
lasting effect on the markets.
The deceased will be succeeded as head
or the Paris banking house by Baron
Lambert de Rothschild OF Brussels whose
business capacity has earned him
worldwide reputation
The burial OF Baron Alphonse will be
most simple according 20 the strict rule
OF the Rothschild family. including n
plain coffin without mourning tributes.
The funeral, the date OF which has not
Yet been fixed will be the occasion of
notable tribute OF respect.
A member OF French h-American bank
ing house said:
Baron Alphonse was the leading spirit
OF the Rothschiids in their relations with
practically all the governments of Eu-
cling the indemnity which France paid TO
Germany after the Franco-German war OF
1901 he actively carried on relations
with other governments. In Italy these
Included both the government and the
vatican finances.
The house also has large interests in
Spain. largely controls Austrias railway
department and held considerable parts OF
all the old Russian loan Issues.
T1sss o ha haa aaf Dnr
trolling influence in the new Russian
loans.
The large Industrial interests OF the
house I'm Russia include the petroleum
fields OF Baku.
The house has also had considerable
dealings with American securities through
the Belmonts. j. Perpont Morgan and
John w. Gates, including Louisville and
Nashville and the Atlantic Coast line
transactions and also has extensive inter-
ests in mines in California.
The Rothschild family originated in Ger
many, became bankers, were made mobiles
in 1915 and were created barons In 1872 by
the Emperor OF Austria. The founder OF
the house was Mayer Anseleme Roths-
child, who was born at Frankfort on the
Main in 1912 and died I'm that city in 1872
lie was the principal financial agent
OF the court OF the elector of Hesse-Cas-
sci. He bequeathed 10 his ten children,
fve sons and i've daughters, falrly
fiourishiHg banking business. His five
sons, under Anseleme. the elder man.
aged the business and succeeded In eX-
tending It 10 the great capitals of Eu-
rope, Vienna. Frank fort. Naples, Lon
don and Paris. Baron James De Roths-
child, who was born a Frankfort In 1892,
and died In Paris in 1865, became the
manager OF the French branch. Baron
Alphonse ie Rothschild who died to-
day was the second son OF Baron James
De Rothschid, having succeeded his
brother the late Baron Edmond James
DeRothschild as head OF the Paris house.
Baron Alhponse was born February !.
1877. He was a governor of the Bank
OF France, a member OF the Academy OF
Fine Arts, n member of the French In
stitute and commander Of the Legion OF
Honor. The dead baron leaves two chill
dren, Baron Edouard and Baroness Bea-
trix. He has two surviving brothers,
Baron Gustav and Baron Edmond
Baron Gustav has n son Robert and
two daughters, one OF whom married Sir
Edward Sasson. great friend OF King
Edward, and the other married Baron
Lambert De RothSchld OF Brussels. who