Make France Great Again-Chapter 200 Family Split

Following James Rothschild up to the second floor, Alphonse Rothschild was unaware that the loyal steward serving the Rothschild Clan was about to take their place in prison.

With suspicions in mind, Alphonse and James Rothschild entered the study one after the other.

"Sit down!" James Rothschild commanded Alphonse.

"Yes!" Alphonse obeyed his father and sat down on the sofa.

As soon as Alphonse sat down, he heard the weary voice of James Rothschild: "From today on, you will take over full management of the France Branch for me!"

The sudden appointment by James Rothschild gave Alphonse a big fright.

At this moment, he was not yet the great banker who, twenty-one years later, single-handedly led the Bank of France to make reparations to Prussia.

Now, he had just taken over part of the bank’s fund allocations between vineyards and part of its bond investment rights.

Even this small portion of power had already made Alphonse de Rothschild feel what it meant to be overwhelmed.

Not to mention the entire business of the Rothschild Bank, the previously gained lessons worried Alphonse that he might not be able to handle the job well.

"Father, I..." Alphonse de Rothschild was at a loss, and he swallowed hard before saying, "I think I still have a lot to learn!"

"Then manage while you learn!" Baron James Rothschild responded. freewёbnoνel.com

"Father, why so soon to hand over the bank to me?" Alphonse de Rothschild asked, "What exactly happened?"

"Alphonse..." James Rothschild sighed and shook his head, saying, "Someone has to be responsible for the failure, and you’re still young!"

"Father... what conditions did you agree with the President?" Alphonse de Rothschild’s voice trembled.

James Rothschild’s eyes revealed a hint of heartache. He raised three fingers and said with a quivering voice, "Thirty million francs, plus our recent losses, the France Rothschild Bank is losing almost fifty million francs!"

"Fifty million francs!" Alphonse de Rothschild suddenly felt the world spinning.

Fifty million francs was by no means a small figure, equating to almost 200,000 British Pounds.

This was equivalent to the Rothschild Bank earning nothing between 1845 and 1848.

These three years were the most profitable for Rothschild’s Bank of France, especially during the early rail speculation from 1845 to 1847, which doubled the assets of the France Branch.

"Not only that!" James Rothschild said with a bitter smile, "We also need to stabilize the Austrian and Southern German national bonds in our hands..."

"That’s another significant expenditure!" Alphonse de Rothschild replied.

"Indeed!" Baron James Rothschild nodded in response.

Nearly 60 million francs in losses had to be accounted for by someone, and the substantial loss made Baron James Rothschild a target for the complaints from the stockholders of the Rothschild Clan.

Having experienced the betrayal by Lionel Rothschild, James Rothschild was not about to trust so-called family unconditionally.

No matter how close blood relatives were, in the end, they were still "outsiders." Only his son was the executor of his will.

Thinking of this, James Rothschild glanced at his son.

"Father, how do you plan to deal with those shareholders? Just resigning would hardly quell their anger!" Alphonse de Rothschild calmly analyzed, knowing that his father was destined to take responsibility for the failure. Some of the Rothschild Clan members had long been poised to take his place.

"Ignore the small and medium family shares within; as long as we calm Leonel and his group, the rest will not be significant!" James Rothschild’s tone noticeably intensified when mentioning Lionel Rothschild.

Alphonse de Rothschild also noticed his father’s change in emotion when mentioning his cousin Lionel Rothschild. He hurriedly asked, "Father, is cousin he..."

"Don’t call that bastard cousin. I don’t have such a nephew, and you don’t have such a cousin!" The accumulated gloom in his chest exploded in an instant, James Rothschild said gruffly.

The betrayal by Lionel Rothschild caused James Rothschild’s mood to fluctuate intensely. Given that James Rothschild was already over sixty, the intense emotional contrast made him cough involuntarily: "Cough... Cough..."

Seeing this, Alphonse de Rothschild quickly came to James Rothschild and gently patted his back.

When James Rothschild stopped coughing, Alphonse de Rothschild asked, "Father, what else happened during my imprisonment?"

James Rothschild told Alphonse de Rothschild about the various events during his imprisonment and about the letter he saw from Lionel Rothschild to Jerome Bonaparte.

Alphonse de Rothschild’s face turned pale, he, like James Rothschild, never imagined that a family member would choose betrayal, especially a cousin with such high status and power.

"Lionel, what exactly does he want to do!" Alphonse de Rothschild said through clenched teeth.

"He might want us to no longer meddle with the Bank of England." James Rothschild sighed, a hint of relief in his eyes, "A young eagle always wants to fly into the sky on its own. Perhaps I’ve bound them too much!"

"If it weren’t for you, Father, he wouldn’t have become the helmsman of Britain. Not only did you raise him to that position, not only did he not thank you, he even struck you when you were down!" Alphonse de Rothschild said indignantly.

"Alphonse!" James Rothschild wasn’t as resentful as Alphonse. He responded calmly, "Lionel has already shown through his actions that he is a qualified helmsman of the British branch, so the issue of support doesn’t exist. Now, we still need them to help us in the family board of directors!"

"Father, that guy Lionel just betrayed you! Will he still help us?" Alphonse de Rothschild clearly didn’t believe Lionel Rothschild would still help them.

"He will!" James Rothschild declared firmly, "My nephew merely wants the autonomy of the British Bank. Fine, I can give him that power! Not only that, I will give the same power to Frankfurt, Vienna, and Naples too!"

James Rothschild’s words shocked Alphonse de Rothschild, and he quickly tried to dissuade him, "Father, doing so you will lose control over the entire Rothschild Bank!"

Looking at his son who lacked a broader view, James Rothschild’s eyes revealed a hint of disappointment. He was still too young.

"Alphonse, I ask you! With almost 50 million in losses, what capability do we have to manage other Rothschild banks? We even need to face the shareholders of the French Branch! Rather than holding an empty title as Leader, it’s better to honestly manage the resources we have!" James Rothschild explained to Alphonse de Rothschild, "I will transfer some of the British stocks to Lionel in exchange for his help to get us through this crisis!"

Due to the Rothschild family system, some core members of the Rothschild family hold shares in each other’s banks. This method was created by James Rothschild’s father, Mayer Rothschild, the founder of Rothschild Bank, aiming for branches to rely on each other.

Of course, Mayer Rothschild’s idea was ideal, but in reality, banks holding each other’s shares may not necessarily become a reliable support during hard times, and might instead strike when one is down.

It’s all the consequence of power struggles!

By cashing out some of the shares of the British Rothschild branch to cover part of the shortfall, and then using the support of Lionel and others to suppress opposition from members of the French Rothschild branch.

James Rothschild will shoulder all the problems himself, volunteering to resign from the position of bank chairman, then have his son inherit the chairmanship.

An empty-titled James Rothschild would no longer have the capacity to interfere in the bank’s operations, which is undoubtedly the best solution for the major branches.

"This time we underestimated Jerome Bonaparte!" James Rothschild candidly acknowledged his failure and began adjusting the company’s operations, "Alphonse, the future goal for the company is not only focused on domestic railways, we should look further afield!"

"Further afield?" Alphonse de Rothschild was somewhat puzzled.

"Yes!" James Rothschild nodded, as he got up and walked to his desk, pulling out a stack of letters from the drawer and handing them to Alphonse de Rothschild, "Take a look!"

Alphonse de Rothschild opened the letters, the content was somewhat related to California.

"Gold?" After reading the letter, Alphonse de Rothschild said to James Rothschild.

"That’s right! California has discovered a large amount of gold! Our survey team in the New Continent has found a gold mine!" James Rothschild nodded and said to Alphonse.

"Father, we should act immediately!" Alphonse de Rothschild said eagerly.

This chapter is updat𝓮d by fre(e)webnov(l).com