We believe at no period of the history of the
world were money speculations pushed to such an extent as they have in en of late years in England. The following has been reported to us as a specimen of the scale on which great houses do business. The firm of Rornsclinn held, it is said, previous to the commence- ment of the fall in the English Funds, the enormous sum of three millions of 3 per Cents.; and to their holding that large amount is chiefly to be attributed the steadiness of the Funds previous to the breaking out of the French Revolution. Allowing a fall of only 5 per cent. on that sum, the firm must have lost ly the late changes, in one item of their accounts, no less a sum than 150,000/. But this is a hifle compared to the sums lost on every description of European Stock—on the Prussian Funds, for the conversion of which Mr. ROTHSCHILD had contracted—on the French loan, which was wholly his own, and which has been at a din count ever since it was brought into the market. The amount of all these we have heard stated at above a million sterling! If we could credit this, how immense must be the resources of a house which not only bears up under such losses, but whose commercial credit they do not in the slightest degree affect!
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