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)
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)
“The son will run away from the family not at eighteen but at twelve, emancipated by his gluttonous precocity; he will fly not to seek heroic adventures, not to deliver a beautiful prisoner from a tower, not to immortalize a garret with sublime thoughts, but to found a business, to enrich himself and to compete with his infamous papa.”
—Charles Baudelaire (1821–67)
“Springtime for Hitler and Germany,
Winter for France and Poland.”
—Mel Brooks (b. 1926)