Jonathan Steinberg, Reader in Modern European History at Cambridge, is the author of The Deutsche Bank and its Gold Transactionsin the Second World War.
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Vol. 21 No. 21 · 28 October 1999
pages 9-10 | 3109 words
One Per Cent
Jonathan Steinberg
- The World’s Banker: The History of the House of Rothschild by Niall Ferguson
Weidenfeld, 1309 pp, £30.00, October 1998, ISBN 0 297 81539 3
On 25 November 1882, Iolanthe; or, The Peer and the Peri was performed for the first time at the Savoy Theatre. In Act II, a restless Lord Chancellor, troubled by lovesickness rather than the expense of his furnishings, cannot sleep. As he wanders through his lodgings, he sings the famous ‘Nightmare Song’. One of the elements of the nightmare is what would now be called a venture capital scheme – to plant retailers as vegetables to get their goods to sprout:
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Letters
Vol. 21 No. 23 · 25 November 1999
From Eva Tucker
In his review of Niall Ferguson's history of the House of Rothschild, Jonathan Steinberg (LRB, 28 October) mentions that Gutle Rothschild continued to live in her house in the ghetto long after her sons were the richest men in the world. I wonder if this was altogether voluntary. In The Jews of Germany (1992), Ruth Gay says: 'Mayer Amschel continued to live in the Frankfurt ghetto subject to all the constraints hampering his fellow Jews. When at the height of his fame he requested permission to take walks outside the ghetto for the sake of his health, the city council did not hesitate to refuse.'
Eva Tucker
London NW3
