Press enter after choosing selection

The Rothschilds

The Rothschilds image
Parent Issue
Public Domain
OCR Text

Anselm Rothschild had five sons - Anselru Mayer, Nathan, Solomon, James and Cari - who scattered over Europe and established branche? of the parent bank at Frankfort in Vienna, London, Naples and Paris. As early as 1820 they were the greatest bankers in the world, making a specialty of government loans. Honors and decorations were showered upon them by grateful kings, and they were recognized sooially where other Jews were not. They obtained titles of nobility íe England, Gerniany, Austria and France. A Rothschild has been consul general for the Austrian empire in London, Paris and Frankfort for more than half a century. The sons inherited the financial genius of their father, but those who have studied their career in detail hold that the success of the family has been due to the fact that its great business has always been conducted with a unity of aim and interest. The dying injunction of Anselm Rothschild to his sons was that none of them should ever undertake an important financial trunsaction without Consulting his mother and his brothers. This continúes to be the rule of the house in the present generation. Every serious matter of business is the subject of mutual oonsideration and is carried out by the laiited efforts of the whole family, every one of whom participates in the profits according to his position. While the great banks are in a measure separate and distinct, they are nevertheless the same, and the family, now very large, is a single flrm with a single interest. They have made it a rale to intermarry and have defied the doctrine of the scientists who have forbidden the marriage of relativo on the ground that it debilitates a race. A Rothschild always looks among his cousins for a wife; úneles have married uieces, nephews have married aunts. Another reason of their great success is said to be that they have never striven for extravagant profits. They ahvays set a limit to their operations and nerer try to get the last cent. They sell out during the heat of an nndertaking and never wait till speculation gets cold. "Let some o:ie else make something" is a favorite adage with the Rothschilds, but some oue else has usually pocketed the loss.


Ann Arbor Argus
Old News