To many Jews, the ideal one had been found by the Rothschilds. They became the most illustrious exponents of the new phenomenon of eighteenth-century finance, the private bank. Such private finance houses were founded by many Jews, chiefly descendants of court Jews. But the Rothschilds alone escaped both baptism and failure. They were a remarkable family because they contrived to do four difficult and often incompatible things simultaneously: to acquire immense wealth quickly and honestly; to distribute it widely while retaining the confidence of many governments; to continue to earn huge
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