Not twenty years have passed since, on Baron Lionel's death in 1879, the fortunes of the house have been controlled by the Lord Rothschild of to-day with his brothers Alfred and Leopold as his partners. The loans for the Hungarian, Brazilian, and Chilian Governments are only a portion of the New Court enterprises since 1879. In the eyes of England and of Europe, their most important undertaking has been in relation with Egypt. In 1885, at the moment that the Western powers were at diplomatic feud with each other about the land of the Pharoahs, Egypt itself drew more and more near to complete bankruptcy. The calamity was only averted by monthly advances from the Messrs Rothschild upon no legal security, but on the strength of a private note from the late Foreign Secretary, Lord Granville. This is the testimony of Sir Michael Hicks-Beach speaking as Chancellor of the Exchequer after he had succeeded Mr Gladstone in 1885. The nine millions loan issued in that year was, of course, highly successful for its negotiators. But this good fortune had been preceded by an anxious season of protracted risk encountered with unfailing public spirit. The Semitic capitalists of the century have been compared to a foreign garrison quartered in every European country, never completely fused with the native population, always separated from the national life, and potentially hostile to the domestic interests of the land which it occupies. In the case of the financial family whose connection with Victorian England has now been summarized this description is not borne out by the facts. Their activity as financiers and generosity as citizens during calamitous seasons like the Irish famine, are only specimens of the services rendered by the Rothschilds to their adopted country. No exceptional distress comes upon any portion of the United Kingdom without eliciting a letter of womanly sympathy from the Queen, and the opening of a subscription list in the City. At the head of this list the name of the New Court firm is tolerably sure to be seen. Members of a race whose history is like that of the Jews one of razzias, confiscations, disqualifications, patiently borne and slowly overcome, can scarcely be expected to betray no consciousness of these antecedents in their habit and speech. The bearing of the Jew, whatever pinnacle of greatness he may have climbed, is traditionally the bearing of a man on the defensive, prepared, if he sees an opening, to anticipate the necessity of resentment by showing his ability to repel offence. Those who, whether by individual experience or by ethnic tradition, have been schooled in experiences like these, are not likely to show morbid delicacy in their deportment towards others. The mart and the bourse to which the Jews have been driven are defective schools of social culture. Asiatic plutocrats are sure, therefore, wherever they may be settled, to provoke enemies in the very act of creating clients and dependents.