History of Zionism, 1600-1918, Vol. 1 (of 2)Sokolow, Nahum
History
History of Zionism, 1600-1918, Vol. 1 (of 2)
Sokolow, Nahum
Jews -- Restoration; Zionism -- History
BARON _DE_ HIRSCH
His philanthropic activity――The Oriental Jews and the
“Alliance”――Emanuel Felix Veneziani――Lord Swaythling――Dr. A.
Asher――Laurence Oliphant.
BARON MAURICE (Moritz) _de_ HIRSCH (_Freiherr auf Gereuth_) was born
on December 9th, 1831, at Munich. His father, Baron Joseph _de_ Hirsch
(1805‒1895), was a native of that city, and son of Baron Jacob _de_
Hirsch (1764‒1841), the founder of the family fortune. His mother
(_née_ Caroline Wertheimer of Frankfort) belonged to an old Jewish
family which was universally known for its charitable work and sincere
piety. Hirsch cherished very affectionate recollections of his parents,
and particularly of his mother, who is said to have seen to it that he
received good instruction in the Jewish religion.
The scope of his studies was somewhat narrow. He received his
education in Munich and Brussels. Being of a practical turn of
mind, he engaged early in life in several business ventures. In 1855
he married Clara (1833‒1899), eldest daughter of Senator Raphael
Jonathan Bischoffsheim (1808‒1883), of the firm of Bischoffsheim and
Goldschmidt, Brussels, which had branches in Paris and London. He
did not, however, join this firm, as its business methods appeared
to him too conservative to suit his enterprising temperament. Having
inherited a considerable fortune from his parents, and received a
handsome dowry with his wife, he embarked on railway enterprises
in Austria, in Russia, and――with most success――in the Balkans.
These enterprises, which consisted mainly in the construction of
light railways, were only the beginning of his activities. A huge
undertaking came in his way. A Brussels banking firm, which had
received from the Ottoman Government a concession for building
a railway through the Balkans to Constantinople, was unable to
carry the project through. Hirsch acquired the concession, went
to Constantinople, and succeeded in getting some of the conditions
altered for the better. He then formed a company, and made all the
necessary arrangements for the building of this great railway, which
was, for the first time in history, to connect Europe with the Near
East. In certain financial circles his optimism was ridiculed. But
those who laugh last laugh loudest. It soon became apparent that
he knew what he was about when he secured the concession. By a bold
practical stroke he obtained the necessary funds, and his success
was as immediate as it was complete. This was really the making of
his career. The success of this transaction gained him recognition
as one of the greatest financiers of Europe. He became not only a
multi-millionaire, but also a recognized authority on large industrial
undertakings.
His philanthropic activity, which began early in the seventies, was on
a scale hitherto unequalled, and showed great originality of method.
This activity may be divided into five branches:――
Public-domain text, read in full here on John Shaqi.
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