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Lionel de Rothschild

British Jewish banker and politician

Lionel de Rothschild

Summary

British Jewish banker and politician

FieldValue
nameBaron Lionel de Rothschild
imageLionel Nathan de Rothschild.jpg
officeMember of Parliament
for the City of London
term_start1847
term_end1868
predecessorGeorge Lyall Sr.
successorCharles Bell
term_start11869
term_end11874
predecessor1Charles Bell
successor1Philip Twells
birth_date22 November 1808
birth_nameLionel Nathan Rothschild
birth_placeLondon, England
death_date3 June 1879 (aged 70)
death_placeLondon, England
resting_placeWillesden Jewish Cemetery, Brent, London
partyLiberal
spouse
children5
parentsNathan Mayer Rothschild (father)

for the City of London

Baron Lionel Nathan de Rothschild (22 November 1808 – 3 June 1879) was a British Jewish banker, politician and philanthropist who was a member of the prominent Rothschild banking family of England. He became the first practising Jew to sit as a Member of Parliament in the House of Commons of the United Kingdom.

He co-founded the British Relief Association, the largest private provider of relief during the Great Irish and Highland Potato famines raising over £500,000.

Life and career

Portrait of Rothschild by [[Moritz Daniel Oppenheim]], 1835

The eldest son of Nathan Mayer Rothschild and his wife, Hannah Barent-Cohen, he was a member of the wealthy Rothschild family. Both of his parents were Jewish. He was born in London, where his father had founded the English branch of the Europe-wide family.

In his earlier years, he studied at the University of Göttingen before embarking on an apprenticeship in the family business at London, Paris and Frankfurt. He was admitted to the family partnership in 1836 at a family gathering in Frankfurt.

Like his father, he was a Freiherr (baron) of the Austrian Empire, but unlike his father, he used the title in British society. By royal licence of Queen Victoria on 16 June 1838, he was allowed (along with other male-line descendants of his late father) to use the Austrian title of baron in the United Kingdom.

Prime Minister Gladstone proposed to Queen Victoria that Lionel be made a British peer. She demurred, saying that titling a Jew would raise antagonism and furthermore it would be unseemly to reward a man whose vast wealth was based on what she called "a species of gambling" rather than legitimate trade. However, the Queen did raise Lionel's son Nathan to the peerage in 1885, and he became the first Jewish member of the House of Lords.

Banking and philanthropy

Rothschild was responsible for raising large sums for the government, especially in the Crimean War, and for philanthropic relief of the victims of the Great Irish Famine. In 1861, in protest at the suppression of the Polish uprisings, he (initially) refused to contract a loan to Russia. His most famous undertaking was financing the government's purchase of the Suez Canal shares from Egypt for £4 million.

Irish and Highland famine relief

On 1 January 1847, he founded the British Relief Association, alongside Stephen Spring Rice, John Abel Smith and other notable aristocrats. The Association went on to raise £500,000, and was the largest private provider of relief during the Irish Famine and Highland Potato Famine.

A Dublin newspaper, commenting in 1850, pointed out that Baron Lionel de Rothschild and his family had,

Parliament

Henry Barraud]], 1872

In 1847, Lionel de Rothschild was first elected to the British House of Commons as one of four Members of Parliament for the City of London constituency. Because Jews were at that point still barred from sitting in the chamber due to the Christian oath required to be sworn in, Prime Minister Lord John Russell introduced a Jewish Disabilities Bill to remove the problem with the oath. In 1848, the bill was approved by the House of Commons but was twice rejected by the House of Lords. After being rejected again by the Upper House in 1849, Rothschild resigned his seat and stood again winning in a by-election to strengthen his claim.

In 1850, he entered the House of Commons to take his seat but refused to swear on a Christian Bible asking to use only the Hebrew Bible. This was permitted but when omitting the words "upon the true faith of a Christian" from the oath he was required to leave.

In 1851, a new Jewish Disabilities Bill was defeated in the House of Lords. In the 1852 general election, Rothschild was again elected but the next year the bill was again defeated in the upper house.

Finally, in the Jews Relief Act 1858, the House of Lords agreed to a proposal to allow each house to decide its own oath. On 26 July 1858, Rothschild took the oath with covered head, substituting "so help me, Jehovah" for the ordinary form of oath, and thereupon took his seat as the first Jewish member of Parliament. He was re-elected in general elections in 1859 and 1865, but defeated in 1868; he was returned unopposed in a by-election in 1869 but defeated a second time in the general election in 1874.

Personal life and family

Caricature in ''Vanity Fair'', 1877

A patron of thoroughbred horse racing, under the assumed name of "Mr Acton", Rothschild's colt Sir Bevys won the 1879 Epsom Derby.

In 1836, Lionel de Rothschild married his first cousin Baroness Charlotte von Rothschild (1819–1884), daughter of Baron Carl Mayer von Rothschild of the Rothschild banking family of Naples.

They had the following children:

  1. Leonora (1837–1911)
  2. Evelina (1839–1866)
  3. Nathan Mayer (1840–1915)
  4. Alfred Charles (1842–1918)
  5. Leopold (1845–1917)

Illness and death

Lionel de Rothschild suffered from gout for more than 20 years. He had a seizure on 3 June 1879 and died the next morning in his city home at 148 Piccadilly in London, aged 70. His body was interred at the Willesden Jewish Cemetery in the North London suburb of Willesden. The grave is marked by a "handsome granite memorial", and surrounded by a stone enclosure designed by the architect George Devey.

Notes

References

Sources

  • {{cite book | editor-first = David | editor-last = Loades

  • {{cite book | orig-year = 1939

  • {{cite book

References

  1. "Lionel Nathan de Rothschild (1808-1879) - Rothschild Family".
  2. (1838). "Lionel Rothschild". Bulletins of State Intelligence.
  3. {{London Gazette. (22 June 1838)
  4. J. F. Kutolowsky, "British Economic Interests and the Polish Uprising, 1861-1864." ''The Polish Review''. Vol 29, no. 4, (1984), p. 9.
  5. "Everything about Jewish Community in Ireland".
  6. El na Mortara, 2015. Writing for Justice: Victor S jour, the Kidnapping of Edgardo Mortara, and the Age of Transatlantic Emancipations. Dartmouth College Press. p. 117. {{ISBN. 978-1-61168-791-0.
  7. William Z. Spiegelman, 2012. A Jewish Life: The Collected Writings of William Z. Spiegelman. Lulu.com. p. 152. {{ISBN. 978-0-615-61523-3.
  8. H. S. Q. Henriques, 2006. The Jews and the English Law. The Lawbook Exchange, Ltd. p. 311. {{ISBN. 978-1-58477-645-1.
  9. Louis Finkelstein, 1960. The Jews: Their History, Culture, and Religion. Harper & Row.
  10. Geoffrey Cantor, 2011. Religion and the Great Exhibition of 1851. Oxford University Press. p. 158. {{ISBN. 978-0-19-959667-6.
  11. Stanley Weintraub, 2003. Charlotte and Lionel: A Rothschild Love Story. Simon and Schuster. p. 122. {{ISBN. 978-0-7432-2686-8.
  12. Paul Herman Emden, 1944. Jews of Britain: A Series of Biographies. S. Low, Marston & Company, Limited.
  13. Adam Kirsch, 2008. Benjamin Disraeli. Knopf Doubleday Publishing Group. p. 162. {{ISBN. 978-0-8052-4261-4.
  14. Cecil Roth, 1962. Essays and Portraits in Anglo-Jewish History. Jewish Publication Society of America.
  15. Christopher Jon Luke Dowgin, 2017. Sub Rosa. Salem House Press. p. 247. {{ISBN. 978-0-9862610-2-2.
  16. (12 June 1879). "Death of Baron Rothschild". The Cornishman.
  17. (4 June 1879). "The Late Baron Lionel de Rothschild". [[The Times]].
  18. ''[[Aberdeen Journal]]'', 25 November 1880, p. 4.
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