knewthathisfortunewould
bring
him
status,butthatif
heremainedsocially
alienatedneitherhisstatusnorhisfortunewouldlast.
Sohelooked
atthe
society
ofthetimeandaskedwhatwouldwintheirhearts.Charity?
TheFrenchcouldn’tcareless.Politicalinfluence?Healready
had
that,
andifanything
itonly
madepeople
moresuspicious
ofhim.Theoneweak
spot,
he
decided,wasboredom.Intheperiod
of
the
restorationofthe
monarchy,
theFrench
upperclasseswerebored. SoRothschildbegan
tospendastounding
sums
of
moneyonentertaining
them.HehiredthebestarchitectsinFranceto
design
hisgardens
and
ballroom;hehiredMarie-Antoine
Caréme,
themostcelebratedFrenchchef,
to
preparethemostlavish
parties
Parishadever
witnessed;
noFrenchmancould
resist,evenifthe
parties
weregivenby
aGermanJew.
Rothschild’sweekly
soirées
began
toattractbigger
andbigger
numbers. Overthenextfewyears
hewontheonly
thing
thatwouldsecureanoutsider’s
power:socialacceptance.
Interpretation
Strategicgenerosity
isalways
a
greatweaponin
buildinga
support
base,particularly
fortheoutsider.ButtheBarondeRothschildwasclevererstill:Heknewitwashis
money
thathadcreatedthebarrierbetweenhimandthe
French,making
himlookugly
anduntrustworthy.
Thebest
waytoovercomethiswas
literally
towastehuge
sums,a
gesturetoshowhe
valuedFrenchcultureand
society
over
money.WhatRothschilddidresembleddiefamous
potlatch
feastsoftheAmericanNorthwest:Byperiodically
de-stroying
itswealthina
giant
orgyoffestivalsand
bonfires,anIndiantribewould
symbolize
its
poweroverothertribes.The
baseofits
powerwasnotmoney
butits
abilitytospend,
anditsconfidenceina
superioritythatwould
restoreto
it
allthatthe
potlatch
haddestroyed.
In
the
end,
thebaron’ssoiréesreflectedhisdesiretomingle
not
justinFrance’sbusinessworldbutinits
society.Bywastingmoney
onhis
pet-latches,
hehoped
todemonstratethathis
powerwentbeyondmoney
intothemore
precious
realmofculture.Rothschild
mayhavewonsocial
accep-tance
byspendingmoney,
butthe
supportbasehegained
wasonethatmoney
alonecouldnotbuy.
Tosecurehisfortunehehadto“waste”it.Thatis
strategicgenerosity
inanutshell——the
abilitytobeflexiblewith
yourwealth,
putting
itto
work,nottobuyobjects,
buttowinpeople’s
hearts.ObservanceIIITheMedicisofRenaissanceFlorencehadbuilttheirimmense
power
onthefortune
they
hadmadeinbanking.
Butin
Florence,centuries—oldre-public
thatit
was,theideathatmoneyboughtpower
wentagainst
all
thecity’sproud
democratic
Values.
Cosimode’
Medici,
thefirst
of
the
familytogaingreat
fame,
workedaroundthis
bykeeping
alowprofile.
Heneverflauntedhiswealth.But
by
thetimehisgrandson
Lorenzocameof
age,inthe
1470s,
the
family’s
wealthwastoolarge,
andtheirinfluencewenotice-able,
tobedisguisedanylonger.
Lorenzo
solved
theproblem
in
hisownwaybydeveloping
thestrat-egy
ofdistractionthathasservedpeople
ofwealtheversince:HebecameTH1-LI-l,'\MF-(1()l.()Hl~‘,l)(ILOAKDuring
the
CampaignofChmbyses
in
Egypt,a
greatmanyGreeksvisitedthat
countryforOil?VCUSUU
07
another:some,
aswastobeexpected,for(rude,
sometoserveinthearmy,
others,
no
doubt,out
of
mere
curiosity,toseewhat
they
couldsee.Amongst
the
sighlseerswasAeacer'5son
Sylv-son,[lieexiledbrotherofPolycralmof
Samos.Whilehewasin
Egypt,S
ylosun
hat!myextra-onlinary
stroke
ofluck:hewas
hangingaboutthestreets
of
Memphisrimrscd
inu
flame-rolored
Cloak,
whenDarius,
whoat(hattimewasamember
ofCamb
yxes
'3
guard
andnot
yerofanyparticu-lar
importancri,happenedto
catchsightofhim
and,seizedwithasudden
longingto
p0.rse.\*s
the
cloak,came
upto
Sylosonandmadehiman
offerfor
It.Hisextreme
anxiety
togetitwayobviousenough
to
Syloson,whowas
inspiredtosay:“I
am
not
sellmgthis
for
anymoney,butifyou
musthave
it,
Iwill
give
it 10
youforfree."
Darius
thereuponthankedhim
warmlyandtookit.
Syloron
atthemoment
merelythought
hehadlostitby
his
fr>olis’hgoodnature,‘
thencamethedeath
ofCamhyxes
andtherevolt
of
thesevenagainstthe
Magus,
andDariusascendedthethrone.
SylavonnowLAW 40 347