coleman-the-rothschild-dynasty
coleman-the-rothschild-dynasty
coleman-the-rothschild-dynasty
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52 Dr. John Coleman<br />
Lionel concentrated his thoughts exclusively on <strong>the</strong><br />
consolidation of his immense fortune. Great prudence<br />
marked his enterprises. In <strong>the</strong> negotiations of foreign<br />
loans Lionel was particularly active, as this business at<br />
once lucrative and comparatively free from risk, was one,<br />
which he preferred before all o<strong>the</strong>rs. During his lifetime<br />
his firm was interested in <strong>the</strong> issue of no less than<br />
eighteen Government loans, amounting in aggregate to<br />
seven hundred million dollars. To enter into <strong>the</strong> details of<br />
<strong>the</strong>se transactions would be to give <strong>the</strong> financial history<br />
of Europe.<br />
To understand how <strong>the</strong> Rothschilds prospered, especially<br />
in <strong>the</strong>ir special area of expertise in lending money to<br />
governments of Europe and indeed, <strong>the</strong> world, I examined <strong>the</strong><br />
work of John Reeves, whose book we have referred to frequently,<br />
and will continue to refer to throughout <strong>the</strong> remainder of this<br />
work as well as <strong>the</strong> sources in <strong>the</strong> papers in <strong>the</strong> British Museum.