Nathan Mayer Rothschild

  • Uploaded by: peterockt
  • 0
  • 0
  • June 2020
  • PDF

This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA


Overview

Download & View Nathan Mayer Rothschild as PDF for free.

More details

  • Words: 1,511
  • Pages: 18
Nathan Mayer Rothschild • *16 September 1777 in the Frankfurt-am-Main ghetto– • + 28 July 1836 • a London financier • one of the founders of the international Rothschild family banking dynasty • the fourth child of Mayer Amschel Rothschild (1744–1812) and Gutle Schnapper (1753–1849).

Origins •

• • • • •

The family's rise to international prominence began with Mayer Amschel Rothschild (1744–1812), the son of Amschel Moses Rothschild, a moneychanger. Born in the ghetto (called "Judengasse" or Jew Alley) of Frankfurt am Main, he developed a finance house and spread his empire by installing each of his five sons in European cities to conduct business. An essential part of Mayer Rothschild's strategy for future success was to keep control of their businesses in family hands, allowing them to maintain full discretion about the size of their wealth and their business achievements. Mayer Rothschild successfully kept the fortune in the family with carefully arranged marriages between closely related family members. His sons were: * Amschel Mayer Rothschild (1773–1855): Frankfurt * Salomon Mayer Rothschild (1774–1855): Vienna * Nathan Mayer Rothschild (1777–1836): London * Calmann Mayer Rothschild (1788–1855): Naples * Jakob Mayer Rothschild (1792–1868): Paris



The Rothschild coat of arms contains a clenched fist with five arrows symbolizing the five sons of Mayer Rothschild, a reference to Psalm 127. The family motto appears below the shield, in Latin, Concordia, Integritas, Industria, (Harmony, Integrity, Industry). The German family name means "Red Shield".



Families by country:

• • • •

* Rothschild banking family of Naples * Rothschild banking family of England * Rothschild banking family of Austria * Rothschild banking family of France

Description •



An anonymous contemporary described Nathan Rothschild at the London Stock Exchange as "he leaned against the 'Rothschild Pillar' [...], hung his heavy hands into his pockets, and began to release silent, motionless, implacable cunning": "Eyes are usually called the windows of the soul. But in Rothschild's case you would conclude that the windows are false ones, or that there was no soul to look out of them. There comes not one pencil of light from the interior, neither is there one gleam of that which comes from without reflected in any direction. The whole puts you in mind of an empty skin, and you wonder why it stands upright without at least something in it. By and by another figure comes up to it. It then steps two paces aside, and the most inquisitive glance that you ever saw, and more inquisitive than you would ever have thought of, is drawn out of those fixed and leaden eyes, as if one were drawing a sword from a scabbard. The visiting figure, which has the appearance of coming by accident and not by design, stops just a second or two, in the course of which looks are exchanged which, though you cannot translate, you feel must be of most important meaning. After this, the eyes are sheathed up again, and the figure resumes its stony posture. During the morning, numbers of visitors come, all of whom meet with a similar reception and vanish in a similar manner. Last of all the figure itself vanishes, leaving you utterly at a loss..."

Family • •

22 October 1806 in London marriage with Hannah Barent-Cohen (1783–1850) daughter of Levi Barent-Cohen (1747–1808) and wife Lydia Diamantschleifer and paternal granddaughter of Barent Cohen and wife, whose other son Salomon David Barent-Cohen (d. 1807) married Sara Brandes, greatgrandparents of Karl Marx.



Their children were:

• • • • • • •

1. Charlotte Rothschild (1807–1859) married Anselm von Rothschild 2. Lionel Nathan (1808–1879) 3. Anthony Nathan (1810–1876) 4. Nathaniel (1812–1870) 5. Hannah Mayer (1815–1864) married Hon. Henry FitzRoy (1807–1859) 6. Mayer Amschel (1818–1874) 7. Louise (1820–1894) married Mayer Karl von Rothschild

Nathan Mayer Rothschild’s life and business • 1798, at the age of 2, a textile merchant in Manchester, then • from 1804 he began to deal on the London stock exchange in financial instruments such as foreign bills and government securities. • From 1809 Rothschild began to deal in gold bullion, and developed this as a cornerstone of his business.

Nathan Mayer Rothschild’s life and business •





From 1811 transfer money to pay Wellington's troops, on campaign in Portugal and Spain against Napoleon, and later to make subsidy payments to British allies when these organized new troops after Napoleon's disastrous Russian campaign. His four brothers helped co-ordinate activities across the continent, and the family developed a network of agents, shippers and couriers to transport gold – and information – across Europe. This private intelligence service enabled Nathan to receive in London the news of Wellington's victory at the Battle of Waterloo a full day ahead of the government's official messengers. In 1816, his two elder brothers were granted noble status (Freiherr or Baron) by the Emperor of Austria. They were now permitted to prefix the Rothschild name with von or de. Their device of four arrows became five when in 1818 Nathan too was elevated, although he chose not to use his aristocratic title Nathan Mayer, Freiherr von Rothschild.

Nathan Mayer Rothschild’s life and business • 1818 he arranged a £5 million loan to the Prussian government and the issuing of bonds for government loans formed a mainstay of his bank’s business. • He gained a position of such power in the City of London that by 1825–6 he was able to supply enough coin to the Bank of England to enable it to avert a liquidity crisis. • In 1824 he founded the Alliance Assurance Company (now Royal & SunAlliance) with Moses Montefiore.

Nathan Mayer Rothschild’s life and business • In 1835 he secured a contract with the Spanish Government giving him the rights to the Almadén mines in southern Spain, effectively gaining a European mercury monopoly. • He set up his London business, N. M. Rothschild and Sons at New Court in St Swithin's Lane, City of London, where it trades today. • He also purchased a country house at Gunnersbury Park near Acton in western London.

Slavery • Records from the National Archives examined in 2009 show that Nathan Mayer Rothschild financially benefited from slavery. • Prior to this Rothschild was better known for his role in the abolition of the slave trade through his part-financing of the £20 million British government buyout of the plantation industry's slaves.

Death • By the time an infected abscess caused his death in 1836 • his personal net worth amounted to 0.62% of British national income • ecured the position of the Rothschild as the preeminent investment bankers in Britain and Europe. • His son, Lionel Nathan Rothschild (1808–1879), continued the family business in England. • Nathan Mayer Rothschild and his wife Hannah are buried in the Brady Street Ashkenazi Cemetery, in Whitechapel.

Waterloo Legend •

In the 19th century a legend began which accuses him of having used his early knowledge of victory at the Battle of Waterloo to speculate on the Stock Exchange and make a vast fortune.

• •

Rothschild got the information of England's chief financial agents much time before the Royals He tells the government that Napoleon had lost the war: but his news was not believed, because the government had just heard of the English defeat at Quatre Bras. Then he proceeded to the Stock Exchange. He leaned against "his" pillar. He did not invest into consols. He sold. He dumped consols. ...Consols dropped still more. "Rothschild knows," the whisper rippled through the 'Change. "Waterloo is lost.“ The people started to sell also. Nathan kept on selling ... consols plummeted—until, a split second before it was too late, Nathan suddenly bought a giant parcel for very little money. Moments afterwards the great news of the victory broke, and the consols rose again. And Nataha Mayer Rothschild made a very big fortune above £1 million.

• • • • • • • •

Research by the Rothschild family and others has shown that this legend originated in an antisemitic French pamphlet in 1846, was embellished by John Reeves in 1887 in The Rothschilds: the Financial Rulers of Nations and then repeated in other later popular accounts, such as that of Morton, Honoré de Balzac. Many of the alleged facts stated are incorrect. For example, it has been shown that the size of the market in government bonds at the time would not have enabled a scenario producing a profit of anything near £1 million.

Antisemitic conspiracy theories • The Rothschild rule the freemasons, Illuminati and have alien contacts • The Protocols of the Elders of Zion • All 19th century wars were made by the Rothschild family because the wars depended on the financial help of the Rothschild

The Protocols of the Elders of Zion fabricated sometime between 1895 and 1902 by Russian journalist Matvei Golovinski Progroms in Russia Used by the Nazis for antisemitic propaganda Still in use for antisemitic aims

Edmon Rothschild

Sourses • http://en.wikipedia.org/wiki/Rothschild_family • http://www.rothschildarchive.org/ta/ • Antisemitism: a historical encyclopedia of prejudice and persecution, Volumen 1 • http://en.wikipedia.org/wiki/ The_Protocols_of_the_Elders_of_Zion

Related Documents

Rothschild
August 2019 15
Nathan
June 2020 13
Rothschild History
November 2019 29
Obama Rothschild Operatives
December 2019 18
Nathan Report
May 2020 15

More Documents from ""