The Rothschild banking family of France is a French banking dynasty founded in 1812 in Paris by James Mayer de Rothschild (1792–1868). James was sent there from his home in Frankfurt, Germany by his father, Mayer Amschel Rothschild (1744–1812). Wanting his sons to succeed on their own and to expand the family business across Europe, Mayer Amschel Rothschild had his eldest son remain in Frankfurt, while his four other sons were sent to different European cities to establish a financial institution to invest in business and provide banking services. Endogamy within the family was an essential part of the Rothschild strategy in order to ensure control of their wealth remained in family hands.
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Famous quotes containing the words rothschild, banking, family and/or france:
“Here was a little of everything in a small compass to satisfy the wants and the ambition of the woods,... but there seemed to me, as usual, a preponderance of children’s toys,—dogs to bark, and cats to mew, and trumpets to blow, where natives there hardly are yet. As if a child born into the Maine woods, among the pine cones and cedar berries, could not do without such a sugar-man or skipping-jack as the young Rothschild has.”
—Henry David Thoreau (1817–1862)
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—William Howard Taft (1857–1930)
“True spoiling is nothing to do with what a child owns or with amount of attention he gets. he can have the major part of your income, living space and attention and not be spoiled, or he can have very little and be spoiled. It is not what he gets that is at issue. It is how and why he gets it. Spoiling is to do with the family balance of power.”
—Penelope Leach (20th century)
“In France one must adapt oneself to the fragrance of a urinal.”
—Gertrude Stein (1874–1946)