History Today Subscription Offer

The Rise of the Rothschilds

In the midst of the Napoleonic Wars, writes William Verity, the enterprising family of merchant bankers expanded their activities from Frankfurt to London and Paris.

The Frankfurt terminus of the Taunus railway, financed by the Rothschilds. Opened in 1840, it was one of Germany's first railways.By the time of his death in 1836, Nathan Rothschild was the world’s most respected financial oracle. At his accustomed pillar in the London Stock Exchange, his face was carefully examined for the least expression. A stock that he bought would immediately become popular; and his bear squeeze, even on a government loan, could and did kill.

Nathan was backed by a strong European organization that fed the London Stock Exchange with loans in return for subscribers and ran the fastest and most accurate information service of the day. Five brothers, Nathan in London, James in Paris, Solomon in Vienna, Amschel in Frankfurt, and Karl in Naples could make one another fortunes regularly; and, by pulling the strings of the money bags, could prevent governments from pursuing policies they did not like.

To continue reading this article you will need to purchase access to the online archive.

Buy Online Access  Buy Print & Archive Subscription

If you have already purchased access, or are a print & archive subscriber, please ensure you are logged in.

Please email digital@historytoday.com if you have any problems.



Get Miscellanies, our free weekly long read, in your inbox every week