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Napoleon’s Paris went to James. Paris was then – and for a century to return – the best capital market on the continent. It was also essentially the most treacherous spot within the monetary universe. The monetary conspiracies and plots in the novels of Balzac – James Rothschild’s modern – were only partly fiction. Spies, paid by authorities or by opponents, had been in every single place. Finance was a political business; yet political upheaval – revolution, terror, tyranny and restoration – have been endemic and destroyed many mightier financial powers than the Rothschilds then were or cloud expect to be for years to come. However this was just the spot for James – in fact he might … Read More