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The House of Rothschild (April 7, 1934)

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The House of Rothschild
 

Released on April 7, 1934: (running time 1 hour and 27 minutes) The young House of Rothschild battles Napoleon and finances Europe with family unity, industry and integrity.

Produced by Darryl F. Zanuck

Directed by Alfred L. Werker and Sidney Lanfield

The Actors: George Arliss (Mayer Rothschild and Nathan Rothschild), Boris Karloff (Count Ledrantz), Loretta Young (Julie Rothschild), Robert Young (Captain Fitzroy), C. Aubrey Smith (Duke of Wellington), Arthur Byron (Baring), Helen Westley (Gudula Rothschild), Reginald Owen (Herries), Florence Arliss (Hannah Rothschild), Alan Mowbray (Prince Metternich), Holmes Herbert (Rowerth), Paul Harvey (Solomon Rothschild), Ivan F. Simpson (Amschel Rothschild), Noel Madison (Carl Rothschild), Murray Kinnell (James Rothschild), Georges Renavent (Count Talleyrand), Oscar Apfel (Prussian Officer), Lumsden Hare (Prince Regent), Leo McCabe (Amschel's Secretary), Gilbert Emery (Prime Minister), Charles E. Evans (Count Nesselrolde), Desmond Roberts (guest at reception hall), Earl McDonald (messenger in stock exchange), Lee Kohlmar (doctor), Ethel Griffies (guest at reception hall), William H. Strauss (messenger and guest at reception hall), Matthew Betz (Prussian guard), Reginald Sheffield (stock trader), Brandon Hurst (stock trader), Harold Minjir (stock trader), Horace Claude Cooper (stock trader), Crauford Kent (stock trader), C. Montague Shaw (stock trader), Harry Allen (stock trader), Gerald Pierce (Rothschild child), Milton Kahn (Rothschild child), George Offerman Jr. (Amschel Rothschild as a child), Cullen Johnson (Rothschild child), Bobbie La Manche (Rothschild child), Leonard Mudie (tax collector in Prussia)

 
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Buying Coffee with My Smart Phone

Today I can buy a cup of coffee and lunch by just tapping my ‘smart phone’ at the point of payment, and with a couple of taps on the same phone as I drink my coffee, I can visit a web site and purchase furniture and arrange to have it delivered – all without pulling a single piece of money out of my pocket. The merchant who sold me a cup of coffee never physically gets any money from me – only the promise from my phone that his bank can get the price of the coffee from my bank or credit card company.

In 1780, every purchase in the world involved one person delivering hard currency to another person. When great sums of money needed to be moved from a merchant in London to a merchant in Paris, someone needed to pack hard currency into large bundles and travel with that cash from London to Paris, risking the disaster of robbery and theft along the way. A better way to manage the movement of money needed to be discovered.

Mayer Amschel Rothschild was an antique coin collector and money merchant living in the Frankfurt ghetto. His business motto, printed on the red shield that hung outside the door of his home was, “Unity, Industry (hard work), and Integrity.” Mayer had five sons, and he taught them a better way to earn and move money between the five capitals of Europe. Son Amschel started a banking business in Frankfort. Son Salomon began banking in Vienna. Son Carl started business in Naples. Son James began in Paris. Son Nathan, who we follow in this story, set up shop in London.

The system of moving money from one city to another that they created was the inspiration for the system that allows me to buy a cup of coffee with the waving of a smart-phone. If a merchant in London wanted to deliver a sum of money to someone in Paris, he could give this money to Nathan in London, plus a small fee for services rendered. Instead of sending a rider with a large sum of cash that would often be stolen along the way, he would merely send a note of paper to his brother in Paris, instructing him to deliver the sum of cash to the person that it was intended for. The brothers would keep the books between them, very rarely needing to move actual cash from one to the other to balance their books as money moved back and forth between them on paper alone.

The banking world would never be the same again, thanks to the House of Rothschild. Maybe the next time you purchase something without having as much as a coin in your pocket, you will remember how that tradition began, long, long ago, by five brothers. Pop a big bowl of white kernel popcorn with plenty of warm melted butter drizzled over it and enjoy the show.

Robert Young and Loretta Young
Robert Young and Loretta Young
Boris Karloff
Boris Karloff
Boris Karloff and George Arliss
Boris Karloff and George Arliss
C-Aubrey Smith and Robert Young
C-Aubrey Smith and Robert Young
Charles E. Evans and George Arliss
Charles E. Evans and George Arliss
Florence Arliss and George Arliss
Florence Arliss and George Arliss
George Arliss and Arthur Byron
George Arliss and Arthur Byron
George Arliss and Murray Kinnell
George Arliss and Murray Kinnell
Loretta Young
Loretta Young
Loretta Young and George Arliss
Loretta Young and George Arliss
Loretta Young and Robert Young
Loretta Young and Robert Young
Loretta Young
Loretta Young
Reginald Owen
Reginald Owen
Robert Young
Robert Young
Robert Young and Loretta Young
Robert Young and Loretta Young