1829: interactive history one step beyond

[mercian billman]

An Announcement from the House of Rothschild

The House of Rothschild is pleased to see the democratic reforms that are taking place in Europe in addition to the new reforms, we are also pleased to see that the governments of Europe are taking steps to establish systems of public transportation and public education, in addition to expanding individual rights. This is perhaps the first time in history the nations of Europe have had the opportunity to establish lasting peace and stability. Unfortunately peace and stability cannot be maintained by hope alone; public transport and education cannot be built by our imaginations. All of these new projects will require solid planning and a solid financial base which the House of Rothschild can provide.

As Europes nations have made reforms to suit their people, the House of Rothschild will make changes to suit the institutions and people we serve.

I. The first change will be a lowering of interest rates for new loans. Old debts will remain in effect, but the House of Rothschild is willing to restructure those loans in order to allow the granting of new loans which will be used for public education or public transport.

II. The House itself will be restructured, in the past loans to governments have been made through our banking houses in London, Paris, Vienna, Frankfurt, and Naples. Within the next few months all government loans will be handled through the London house which will from henceforth be known as the Rothschild International Bank of London (RIBL). Debts owed to the other houses will remain in effect, but will know be handled by RIBL. The other banking houses will continue to operate as they always have by supporting smaller banks and offering commercial loans and savings.

These changes allow us to simplify our banking transactions not only for ourselves but for our customers as well.