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Updated: June 12, 2025
It stood four-square and massive on a corner between the avenues de Friedland et des Champs-Elysées, near their junction at the Place de l'Etoile: a solid stone pile of a town-house in the most modern mode, without architectural beauty, boasting little attempt at exterior embellishment, but smelling aloud of Money; just such a maison de ville as a decent bourgeois banker might be expected to build him when he contemplates retiring after doing the Rothschilds a wicked one in the eye.
Twice the visitor half rose and essayed to speak, but that deep steady voice bore down all interruption, and as he watched her, Mr. Laurance just then would have given the fortune of the Rothschilds for the privilege of folding in his own the perfect hands that lay clasped on the marble slab.
The quasi-gambling principle upon which all such places are conducted stimulates the love of hazard and makes way for the betting propensity to become full-blown. Of course, one can bet, if one have money; two lumps of sugar and a few flies will enable a man to lose the fortune of the Rothschilds, if he will. That is not the question.
Graham and I were talking over the matter, and I pledge you my word of honour, his opinion coincides with mine; and that What-d'ye-call-um is the only measure Government will venture on trying. By evening-paper time he is at the Club: 'I can tell you the opinion of the City, my lord, says he, 'and the way in which Jones Loyd looks at it is briefly this: Rothschilds told me so themselves.
The transactions of these establishments were sometimes of a magnitude which may surprise even the contemporaries of the Barings and the Rothschilds. Two houses advanced to Edward III of England upwards of three hundred thousand marks, at a time when the mark contained more silver than fifty shillings of the present day, and when the value of silver was more than quadruple of what it now is.
I don't care how many millions you pile up! I hear the Federal Oil people's back of the copper deal." "That's right; the oil crowd and Shepler. I had it straight from Relpin that night. They're negotiating now with the Rothschilds to limit the output of the Rio Tinto mines.
But over Austria proper, Russia, Italy, his sway was no less omnipotent: for the panic cheapness of scrip which followed the destruction of the Kaiser had, of course, been foreseen, and used by him; Beech had bought up, easily ousting the Rothschilds from their old financial kingship: by tens of millions the process had gone on; and still it continued increasingly, for the wealth of Hogarth now, as compared with that of other rich men, was like a ship to a skiff.
I left them still chuckling. A British waiter would have been sulky all the afternoon. The waiter who insists upon mistaking you for the heir of all the Rothschilds used to cost me dear when I was younger.
The Rothschilds, notified of the victory a few hours sooner than the government itself, bought largely of securities which, in twenty-four hours, almost doubled in value. Moses Montefiore, sharing in these transactions, found himself at forty-five a millionaire.
If capital returned its proper interest, if activity and industry caused trade and manufactures to increase the national income as ought to be the case, it would be the Rothschilds who would borrow money of the Pope at six per cent. interest. But stay! I have not yet completed the catalogue of possessions. To the present munificence of nature must be added the inheritance of the past.
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