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The Rothschild Dynasty 73<br />

James Rothschild gave Leder-Rollin seven hundred and<br />

fifty thousand francs in support of <strong>the</strong> 1848 revolution. It<br />

was said that he was compelled to do so under Rollin 's<br />

threat to burn <strong>the</strong> Palais Rothschild in <strong>the</strong> Rue Lafitte. In<br />

<strong>the</strong> three days of street fighting in June of 1848, Louis<br />

Eugene Cavalgnac emerged victorious; He immediately<br />

assumed dictatorial powers and was nominated president<br />

of <strong>the</strong> council of ministers by <strong>the</strong> National Assembly. By<br />

free use of large sums of money Rothschild ingratiated<br />

himself with <strong>the</strong> new power in France, and was as much<br />

at home with Cavalgnac as he had been with Louis<br />

Philippe. It was soon said that he was as good a<br />

Republican as he had been monarchist.<br />

The French Workers Party claimed him as one of <strong>the</strong>ir<br />

own. The Editor of <strong>the</strong> radical Tocsin des Travailleurs wrote:<br />

You are a wonder sir! In spite of his legal majority Louis<br />

Philippe has fallen, Guizot has disappeared, <strong>the</strong><br />

constitutional monarchy and parliamentary methods have<br />

gone by <strong>the</strong> board; you, however, are unmoved. Where<br />

are Aragon and Lamaratine? They are finished but you<br />

have survived. The banking princes are going into<br />

liquidation and <strong>the</strong>ir offices are closed.<br />

The great captains of industry and <strong>the</strong> railway companies'<br />

totter . . . you alone among those ruins remain unaffected.<br />

Although your House felt <strong>the</strong> first shock of violence in<br />

Paris, although <strong>the</strong> effects of <strong>the</strong> Revolution pursue you<br />

from Naples to Vienna to Berlin, you remain unmoved in<br />

<strong>the</strong> face of a movement that has affected <strong>the</strong> whole of<br />

Europe. Wealth fades away, glory is humbled, and<br />

dominion

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