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•<br />

we<br />

226 THE CREATURE FROM JEKYLL ISLAND THE ROTHSCHILD FORMULA 227<br />

At a dinner party in later years, Nathan casually summed up<br />

At least one friendly biographer claims that Nathan's first act<br />

the episode as though it were merely a good piece of routine<br />

was to deliver the news to the Prime Minister, but that government<br />

business. He said:<br />

officials were hesitant at first to believe it, because it ran contrary to<br />

reports they had received<br />

The East India Company had £800,000 worth<br />

previously<br />

of<br />

telling<br />

gold to of<br />

sell. I went<br />

serious British<br />

to the sale and bought it all. I knew the Duke of Wellington must<br />

setbacks. At any rate, there is<br />

have<br />

no doubt that Nathan's second act of<br />

it. The government sent for me and said they must have the gold. I sold<br />

the morning was to set off for the stock exchange to take up a<br />

the gold to them, but they didn't know how to get it to the Duke in<br />

position at his usual pillar.<br />

Portugal. I undertook all that and sent it through France. It was the<br />

All eyes were upon him as he slumped dejectedly, staring at the<br />

best business I have ever done.<br />

floor. Then, he raised his gaze and, with pained expression, began<br />

to sell The whisper<br />

THE BATTLE OF WATERLOO<br />

went through the crowded room, "Nathan is<br />

i selling?"<br />

The final outcome of the battle at Waterloo between<br />

"Nathan is<br />

Wellington<br />

selling*" "Wellington must have lost." "Our<br />

government bonds will<br />

and Napoleon was crucial to Europe both politically and never<br />

economically.<br />

If Napoleon had been victorious, England would have<br />

be repaid/' "Sell them now. Sell. Sell!"<br />

Prices tumbled, and Nathan sold again.<br />

been<br />

Prices plummeted, and<br />

still Nathan sold. Finally, prices<br />

in even greater economic trouble than before. Not only would<br />

collapsed<br />

she<br />

altogether and, in one<br />

quick move, Nathan reversed his call<br />

have lost international power and prestige, but even at home,<br />

and<br />

her<br />

purchased the entire<br />

market in government bonds. In a matter<br />

subjects would have been further disgruntled over<br />

of just<br />

such<br />

a<br />

great<br />

few hours, he<br />

had acquired the dominant holding of England's entire<br />

personal and financial wartime sacrifices. Her defeat almost surely<br />

debt at but<br />

a tiny fraction of its worth.<br />

would have resulted in not being able to repay the great amounts<br />

she had borrowed to conduct the war. In the London stock SIDONIA<br />

exchange, therefore, where British government bonds were traded<br />

Benjamin Disraeli, the Prime Minister of England, wrote a book<br />

in<br />

along with other securities, everyone waited anxiously for news of<br />

1844 called Coningsby. It was a political novel in which the author<br />

the outcome.<br />

expressed his views about contemporary issues. One of the strong<br />

It was well known that the Rothschilds had developed a private<br />

characters in the book was a financier named Sidonia, but every<br />

detail<br />

courier service that was used, not only to transport gold and other<br />

of Sidonia's actions was an exact replica of the real Lord<br />

Rothschild,<br />

tangible cargo, but to rapidly move information that could be useful<br />

whom Disraeli greatly admired. In the guise of a novel,<br />

we read<br />

in making investment decisions. It was<br />

about<br />

expected, therefore, that<br />

Rothschild's emigration from Germany, his family<br />

and banking ties<br />

Nathan in London would be the first to know the name of the victor<br />

throughout Europe, his handling of the gold for<br />

Wellington, and his financial<br />

after the cannon smoke had cleared from the battlefield. And they<br />

coup after Waterloo. Then Disraeli<br />

wrote:<br />

were not to be disappointed. The first news of Wellington's victory<br />

arrived in Brussels around midnight on June 18, 1815, where a<br />

Europe did require money, and Sidonia was ready to lend it to<br />

Rothschild agent named Rothworth was waiting in readiness. He<br />

Europe. France wanted some; Austria more; Prussia a little; Russia a<br />

few<br />

immediately mounted a fresh horse and set off for the port of<br />

millions. Sidonia could furnish them all....<br />

It is not difficult to<br />

Ostend where a boat was standing by to speed him across the<br />

conceive that, after having pursued the career<br />

have intimated for about ten years, Sidonia had<br />

channel to London. In the early hours of June 20, the exhausted<br />

become one of the<br />

messenger was pounding on Nathan's door, a full twenty-four<br />

* The New York Times, in its April 1, 1915, edition, reported that Baron Nathan<br />

hours before Wellington's own courier, Major Henry Percy,<br />

Mayer de Rothschild had attempted to secure a court order to suppress a book<br />

vvntten by Ignatious Balla entitled<br />

arrived.<br />

The Romance of the Rothschilds on the grounds that<br />

£e Waterloo story about his grandfather was untrue and libelous. The court ruled<br />

pt the story was true, dismissed the suit, and ordered Rothschild to pay all court<br />

1. Morton, p. 45. costs. r J

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