Rothschild family: Difference between revisions - Wikipedia


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The C M de Rothschild & Figli bank arranged substantial loans to the Papal States and to various Kings of Naples plus the Duchy of Parma and the Grand Duchy of Tuscany. However, in the 1830s, Naples followed Spain with a gradual shift away from conventional bond issues that began to affect the bank's growth and profitability. The [[Unification of Italy]] in 1861, with the ensuing decline of the Italian aristocracy who had been the Rothschild's primary clients, eventually brought about the closure of their Naples bank, due to declining profits, growth and their forecasts for long-term business sustainability.<br clear = all>

==ZionismConnections andto Israel==

Some Rothschilds were supporters of the [[Zionist Federation]] and the creation of the [[Israel|State of Israel]], although other members of the family opposed the creation of the state.<ref name="independent.co.uk">[http://www.independent.co.uk/news/uk/this-britain/the-rothschild-story-a-golden-era-ends-for-a-secretive-dynasty-756388.html The Rothschild story: A golden era ends for a secretive dynasty] By Paul Vallel, Friday, 16 April 2004</ref> In 1917 [[Walter Rothschild, 2nd Baron Rothschild]] was the addressee of the [[Balfour Declaration of 1917|Balfour Declaration]], which committed the British government to the establishment in Palestine of a national home for the Jewish people. Lord Victor Rothschild was against granting asylum or even help to Jewish refugees during the Holocaust.<ref name="independent.co.uk"/> However, Baron [[Edmond James de Rothschild]] was a patron of the first settlement in [[Palestine]] at [[Rishon-LeZion]], and bought from Ottoman landlords parts of the land which now makes up present-day Israel.

[[James Armand de Rothschild|James A. de Rothschild]] financed the [[Knesset]] building as a gift to the State of Israel.<ref>[http://www.knesset.gov.il/lexicon/eng/rotchild_ja_eng.htm James Armand de Rothschild on the Knesset web site]</ref>