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d threw the blame upon
this leviathan of the money market. Whatever was wrong, was always
alleged to be the effects of Mr. Rothschild's operations, and, according
to the views of these parties, he was either bolstering up, or
unnecessarily depressing prices for his own object. An anecdote is
related of this great speculator, that hearing on one occasion that a
broker had given very strong expression to his feelings in the open
market on this subject, dealing out the most deadly anathemas against
the Jews, and consigning them to the most horrible torments, he sent the
broker, through the medium of another party, an order to sell L600,000
Consols, saying, 'As he always so abuses me, they will never suspect he
is _bearing_ the market on my account.' Mr. Rothschild employed several
brokers to do his business, and hence there was no ascertaining what in
reality was the tendency of his operations. While perchance one broker
was buying a certain quantity of stock on the order of his principal in
the market, another at the same moment would be instructed to sell; so
that it was only in the breast of the principal to know the probable
result. It is said that Mrs. Rothschild tried her hand in speculating,
and endeavoured by all her influence to get at the secret of her
husband's dealings. She, however, failed, and was therefore not very
successful in her ventures. Long before Mr. Rothschild's death, it was
prophesied by many of the brokers that, when the event occurred, the
public would be less alarmed at the influence of the firm, and come
forward more boldly to engage in stock business. They have,
notwithstanding, been very much mistaken."
The chronicler of the "Stock Exchange" says: "One cause of Rothschild's
success, was the secrecy with which he shrouded all his transactions,
and the tortuous policy with which he misled those the most who watched
him the keenest. If he possessed news calculated to make the funds rise,
he would commission the broker who acted on his behalf to sell half a
million. The shoal of men who usually follow the movements of others,
sold with him. The news soon passed through Capel Court that Rothschild
was bearing the market, and the funds fell. Men looked doubtingly at one
another; a general panic spread; bad news was looked for; and these
united agencies sunk the price two or three per cent. This was the
result expected; other brokers, not usually employed by him, bought all
they could at the reduc
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