Working papers series - Universidad Pablo de Olavide

48 Copies of the powers bestowed in 15 June 1872, 28 July 1885, 2 July 1888 and 17 May 1890. Bank of
Spain Archives, old Registry, 1st Transfer, document 553.
49 Letter from Gustavo Bauer dated 12 June 1895, RPA 132AQ24
50 Say was the father-in-law of Bazile Parent, but we do not know the date of the marriage and,
consequently, we cannot infer whether this had a bearing on the negotiations to merge, or in the creation
of Peñarroya, or the merger of the Badajoz Company
51 Mckay, “The house of Rothschild (Paris) as a multionational Enterprise in historical perspective, 1875-
1914”; Ferguson, N. The World’s Banker,. 876; and Turrel and Van-Helten, “The investment Group: the
mining link in British overseas expansion before 1914, 267-274.
52 Otazu, Los Rothschild y sus socios españoles.
53 Tedde, El Banco de San Fernando, 67-68
54 Broder, Le role des interets étrangers dans la croissance économique de l`Espagne: 1815 -1913. Etat,
entreprise et histoire, 496
55 Tedde, P. El Banco de San Fernando, 126-127
56 Gille, Histoire de Maison Rothschild. Vol. 1, 251, Fontana La Revolución Liberal. Política y hacienda
en 1833-1845, 80, and Corti The Rise of house Rothschild, 127. The latter states that 1.3m were directly
given to Torrano, plus 300,000 to third parties.
57 Letter to Bauer, dated 27June 1870, RAL, XI/109/102. Bauer had suggested supplying a juicy credit so
as to guarantee the Almaden business, but immediately received a letter from Daniel Weisweiller “where
he told us that in order to ensure the mercury business you should offer a substantial bribe (written in
Judendeutsh)” The Judendeutsh keys (German in Hebrew characters) were usual in compromising letters
from the agency, letter from Bauer, 20 March 1870, RAL XI/109/101
58 As it was the case with Salaverría, who was asked on some occasion to leave his post in the board as he
became part of the Government. Comín and Martín Aceña (Tabacalera y el estanco del tabaco en
España. 1636-1998, 258) also exemplify with the case of Allende Salazar, who resigned from his post of
MD at the Tobacco Hiring Company when he was appointed President of the Senate in 1919. The PM,
Navarro Reverter, did not admit it, Allende hence having to hold both posts simultaneously for some
months.
59 Tedde “Las compañías ferroviarias en España (1855-1935)”, 71-77, and Pascual, Pere. Los caminos de
la era industrial. La construcción y financiación de la Red Ferroviaria Catalana (1843-1898), 465-469.
60 Fundación Ferrocarriles Archives, Minutes of the MZA-Norte Mixed Commission (1906-1918),
L/0454-0458.
61 As a whole, the company had to pay GBP 1,122,000, namely ESP 32,908,260, which made the
Rothschild lend them GBP500,000, RAP 132AQ 104 and 106. See also Avery, D. Not in Queen
Victoria’s Birthsday: 324-327 and 341 and Harvey, C. The Rio Tinto Co. An economic history, 140-141
and 256.
62 Roldán, Santiago y García Delgado, José Luís. La formación de la sociedad capitalista en España.
1914-1920, Vol l, 154.
63
Metaleurop Archive, PYA-Juridique. no. 257. Procès-Verbaux des Séances du Conseil
d'Administration. Book 2, session dtd 18 March 1891.
64
Metaleurop Archives, PYA-Juridique. no. 257. Procès-Verbaux des Séances du Conseil
d'Administration. Book 2, session dtd 19 October 1892
65
Metaleurop, Archive PYA-Juridique. no. 257. Procès-Verbaux des Séances du Conseil
d'Administration. Book 3, session dtd 12-9-1895.
31
http://www.upo.es/econ