Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-01

| child-his treasure of s3.0OoGoo In cash. to
| save 1t from Hoehe and his army when they
| took Coblentz in 1874.
The second scene of the dyptic shows the
five of Amschel Mayer paying back
the deposit to the heirs of the elector in
| 1923
| The secret of the Rothschilds lies between
| these two scenes, and the central word of
their family devise-"Concord. Integrity, In
dustry-is its commentary When Amschel
Mayer established his third son. Nathan.
! as his agent in Manchester and London
few years later he confided 70 the young
man of only twenty-five years OF age two
| kinds of capital. OF his own money there
was perhaps 100000, but of the electors
| money there was ten or twenty times as
| much.
Youngest Son Sent to Paris.
| So it was when James, the youngest son,
was sent to Paris in the year his father
died. He only twenty years of age
but there he was seated in Paris. ready for
| the reconstructive period that was to come
| with the fall of Napoleon. with capital and
great connections both on the side of the
princes to whom the elector of Hesse had
| Dragged up the integrity of the Rothschilds
and of a coterie of bankers and merchants
| in many Cities who were later to become
| mere Rothschild agents. Secret police re-
ports of the empire recently published give
| the names. and there Is one note written IN
the hand of Napoleon: investigate to the
bottom the affair OF the Rothschilds and the
Prince of Hesse."
1t was Napoleon, however, who quit Paris
and young James Rothschild who stayed
and loaned the government of the resto-
alton 500, eos, 900 francs in the bad hour
| when the French funds were at fifty. That
| is to say James Rothschild trusted the
| French government when Frenchmen them
| selves feared to trust it. French holders of
100-franc bonds We're letting them go for
| fifty francs cash. Newly issued securities
could not be placed even at this terrible
rate James Rotlschild accepted lt-apd
instead of per cent interest he got 10
per cent.
At the present Gay Drumont and others
| rail at the Rothschilds for these operations
| but there is no evidence to prove that the
| Frenchmen of his day rallied at the young
| Hercules who often held up the financial
| credit of their country. He had confidence
in France and it paid him millions on mil
lions of profits.
Young Financier Held Up Market.
In 1880. for example the year in which
Charles X fell and Louis Philippe came in,
between July 10 and December 81 French
| 3 per cents varied between Sc francs 10 and
10 francs 80 The per cents varied be
| tween Sc francs 80 and 105 francs 80 1t
| was the French people. with their riots, rev.
olutions, discomfort and mania for chang
| ing who sent their own funds down, down,
| down by frightening capital. And what
| capital? Why French capital, their own
| because it was French holders who ran 10
sell out at any price. And 1t was James
! Roti schd who had confidence ana bought
! in until the 5 per cents were above par
| again In the same order OF ideas an Amer
lean life insurance company few months
ago when French 3 per cents We're sagging
| lower than at any time since the Franco
| Prussian war bought 20,C00.0Oo francs
| worth and sustained the market. The act
was done ostensibly to merit well OF the
French government-to curry faVof.
| During this time three sons had been born
| to James de Rothschild, now become
baron of the Austrian empire with his
| brothers. These three sons We're Edmond,
born in 1925; Alphonse, in 1927, and Gus
tave in 1929 They were already Installed
| in the spacious property of the Rue La
itte, where the bank remains, and from
which Baron Alphonse was buried the otheI
| day The establishment of the famous old
| banker Lafitte, from whom the street taxes
it's name and peculiar spelling, was at the
| corner Even down to the first years or
| NAPOLEON III ii was one OF the faShlonaDie
! streets and the tradition remains of the
| Empress Eugene and her court coming
| to the garden parties of the Turkish en-
| bassy demolished a few years ago. Across
the street the witty Mime, Emile de Girar-
| din had her salon of literary and political
| celebrities.
The Railroad Proposition.
Here the three sons Edmond, Alphonse
| and Gustave grew up, entering the bank at
a youthful age according to the family ira
| dition. James de Rothschild saw that the
railroads were coming. In the early thir-
| ties a statesman like Theirs who had seen
| their first workings in England. declared
| that ''they will never go In France. w no
| therefore ought to have profted by the
| railroads Theirs or Rothschild? Vixen he
was still but a youth of eighteen Baron
| James sent young Alphonse as secretary 10
| a commission to study the new industry IN
| Now that Baron Alphonse died head Of
the great Company of the North and Baron
| Edmond remains head or the great Son-
| many of the East there are those IN FaFis
| who cry out against the Rothschilds' con-
| tract with the French government IN those
| early days of doubt.
| Viewed from our present day standpoint,
the nroposition made by the French gov
| eminent in 1913 looks, certainly, like a
| good thing 1t said to the Rothschilds:
aid US in the construction of our rail-
| road of the north. The treasury Is empty;
| those Notifications have all but ruined US.
! We will furnish the right of way and settle
with the property owners; ana we VIII 90
the grading and tunneling and put the road
bed in con0ftion-a WORK estimated d. CT
100000 francs. !
1--WE viii hand this completed roadbed'
| over to you You will lay the rails, build
the stations, furnish locomotives, cars, anu
| so forth and in word start the railway
| running-the expense of which is eStl-l
/ mated at 60000ooo francs In return for
this service we will abandon TO you during
| forty years all the profits of the railway
| If there be any. At the end of your lease
| we also promise to pay you back the cost
| of your material at valuation
Chamber of Deputies Interfered.
The contract was on the point of being
| signed when the chamber of deputies inter-
| fered II refused positively 10 permit the
! clause of paying back the cost of the ma
| teriai and the doubtfulness of the enter
| prise in the minds of their contemporaries
| may be gathered from the editorial excla-
! nation of the Journal des Debats In July,
1913 when the Rothscslilds waived tie
4 clause: IN Rethsciiild seiicits the privi-
/ iege4 of running HIMSELF.
How near these and other carly French