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Fraternity and endogamy. The House of Rothschild

Published online by Cambridge University Press:  26 October 2001

Adam Kuper
Affiliation:
Department of Human Sciences, Brunel University, Uxbridge, Middlesex UB3 3PH, UK
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Abstract

From its late eighteenth century beginnings until the early twentieth century, the House of Rothschild was the greatest of the European banks. Its success was due not only to the financial skills of the partners but also to their innovative strategies in the sphere of kinship and marriage. The structure of the bank was dependent on the family's unique rules of succession and marriage. It was organised into five branches, each in a different country, originally directed by one of the five sons of the founder, Mayer Amschel. The branches were linked by ties of fraternity, reinforced by repeated endogamous marriages. These marriages were normally contracted between the children of partners. Given the rule, established by Mayer Amschel, that only the founder's sons and, later, their sons and sons sons could become partners, the most common pattern was for a man to marry his father's brother's daughter.

Type
Research Article
Copyright
© 2001 European Association of Social Anthropologists

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Footnotes

This essay is based on Niall Ferguson's monumental two-volume work The House of Rothschild (Volume 1, Money's Prophets, 1798–1848; Volume 2, The World's Banker, 1849–1999, published respectively in 1998 and 1999). This is the first study of the Rothschilds by a professional historian to be based on free access to the Rothschild Archive in London. Since most of the references in this essay will be to Ferguson, I will normally give only the volume and page number in the text. I am very grateful to Helen Harland for preparing the diagrams.