knewthathisfortunewould
bring
him
status,
butthatif
heremainedso
cially
alienatedneitherhisstatusnorhisfortunewouldlast.
Sohelooked
at
the
society
ofthetimeandaskedwhatwouldwintheirhearts.
Charity?
TheFrenchcouldn’tcareless.Politicalinfluence?He
already
had
that,
andif
anything
it
only
made
people
more
suspicious
ofhim.The
oneweak
spot,
he
decided,
wasboredom.Inthe
period
of
the
restoration
ofthe
monarchy,
theFrench
upper
classeswerebored. SoRothschild
began
to
spendastounding
sums
of
money
on
entertaining
them.Hehired
thebestarchitectsinFranceto
design
his
gardens
and
ballroom;
hehired
Marie-Antoine
Caréme,
themostcelebratedFrench
chef,
to
prepare
the
mostlavish
parties
Parishadever
witnessed;
noFrenchmancould
resist,
evenifthe
parties
were
givenby
aGerman
Jew.
Rothschild’s
weekly
soirées
began
toattract
bigger
and
bigger
numbers. Overthenextfew
years
hewonthe
only
thing
thatwouldsecureanoutsider’s
power:
social
acceptance.
Interpretation
Strategicgenerosity
is
always
a
greatweapon
in
building
a
support
base,
particularly
fortheoutsider.ButtheBarondeRothschildwasclevererstill:
Heknewitwashis
money
thathadcreatedthebarrierbetweenhimand
the
French,making
himlook
ugly
and
untrustworthy.
Thebest
way
to
overcomethiswas
literally
towaste
huge
sums,
a
gesture
toshowhe
valued
Frenchcultureand
society
over
money.
WhatRothschilddidresembled
diefamous
potlatch
feastsoftheAmericanNorthwest:
Byperiodically
de-
stroying
itswealthina
giant
orgy
offestivalsand
bonfires,
anIndiantribe
would
symbolize
its
power
overothertribes.The
baseofits
power
wasnot
money
butits
ability
to
spend,
anditsconfidenceina
superiority
that
would
restoreto
it
allthatthe
potlatch
had
destroyed.
In
the
end,
thebaron’ssoiréesreflectedhisdesireto
mingle
not
just
in
France’sbusinessworldbutinits
society.Bywastingmoney
onhis
pet-
latches,
he
hoped
todemonstratethathis
power
went
beyondmoney
into
themore
precious
realmofculture.Rothschild
may
havewonsocial
accep-
tance
byspendingmoney,
butthe
support
basehe
gained
wasonethat
money
alonecouldnot
buy.
Tosecurehisfortunehehadto“waste”it.That
is
strategicgenerosity
inanutshell——the
ability
tobeflexiblewith
your
wealth,
putting
itto
work,
notto
buyobjects,
buttowin
people’s
hearts.
ObservanceIII
TheMedicisofRenaissanceFlorencehadbuilttheirimmense
power
on
thefortune
they
hadmadein
banking.
Butin
Florence,
centuries—oldre-
public
thatit
was,
theideathat
moneyboughtpower
went
against
all
the
city’sproud
democratic
Values.
Cosimode’
Medici,
thefirst
of
the
family
to
gaingreat
fame,
workedaroundthis
bykeeping
alow
profile.
Henever
flauntedhiswealth.But
by
thetimehis
grandson
Lorenzocameof
age,
in
the
1470s,
the
family’s
wealthwastoo
large,
andtheirinfluencewenotice-
able,
tobe
disguisedanylonger.
Lorenzo
solved
the
problem
in
hisown
waybydeveloping
thestrat-
egy
ofdistractionthathasserved
people
ofwealtheversince:Hebecame
TH1-LI-l,'\MF-(1()l.()Hl~‘,l)
(ILOAK
During
the
Campaign
ofChmbyses
in
Egypt,
a
greatmany
Greeks
visitedthat
countryfor
Oil?VCUSUU
07
another:
some,
aswastobe
expected,for(rude,
sometoserveinthe
army,
others,
no
doubt,
out
of
mere
curiosity,
to
seewhat
they
couldsee.
Amongst
the
sighlseers
wasAeacer'5son
Sylv-
son,[lieexiledbrother
ofPolycralmof
Samos.
Whilehewasin
Egypt,
S
ylosun
hat!myextra-
onlinary
stroke
ofluck:
hewas
hanging
about
thestreets
of
Memphis
rimrscd
inu
flame-
rolored
Cloak,
when
Darius,
whoat(hat
timewasamember
of
Camb
yxes
'3
guard
and
not
yerofanyparticu-
lar
importancri,
happened
to
catch
sightof
him
and,seized
withasudden
longing
to
p0.rse.\*s
the
cloak,
came
up
to
Syloson
andmadehiman
offer
for
It.
Hisextreme
anxiety
to
get
itwayobvious
enough
to
Syloson,
whowas
inspired
to
say:
“I
am
not
sellmg
this
for
anymoney,
but
ifyou
musthave
it,
I
will
give
it 10
youfor
free.
"
Darius
thereupon
thankedhim
warmly
andtookit.
Syloron
at
themoment
merely
thought
hehadlostit
by
his
fr>olis’hgood
nature,‘
thencamethe
death
ofCamhyxes
and
therevolt
of
theseven
against
the
Magus,
and
Dariusascendedthe
throne.
Sylavon
now
LAW 40 347