Skip to main content

Alfred de Rothschild

1842 - 1918

This person is the subject of ongoing research. We have started by researching their relationship to the enslavement of people.

Biographical notes

Director of the Bank of England.

National Gallery Trustee (1892–1918).

Summary of activity

Alfred de Rothschild was the son of Lionel Nathan de Rothschild (1808–1879), who was the son of Nathan Meyer de Rothschild (1777–1836), and Charlotte von Rothschild. Aged 21 he joined the Rothschild Bank in London. From 1868 until 1889 he became director of the Bank of England.

Nathan Mayer de Rothschild arranged the £15 million government loan to finance the compensation process necessary to pass the Slavery Abolition Act of 1833. The money provided by Rothschild was used to pay owners compensation for their enslaved persons and the gilt issue was only fully redeemed in 2015 (‘Rothschild & Co’, Wikipedia [online], <https://en.wikipedia.org/wiki/Rothschild_%26_Co> accessed 5 August 2021). Nathan Mayer de Rothschild’s executors were awarded part of the compensation for Mathews estate (Constitution Hill) in Antigua, which, on 22 July 1839, included 158 enslaved persons, on the basis of a mortgage. His brother James de Rothschild (1792–1868) was named as a claimant, but not as an awardee.

In his 20s Alfred de Rothschild began to collect art, particularly English and French art of the eighteenth century. On his father’s death in 1879 he inherited the estate at Halton in Buckinghamshire, and had Halton House, styled as a French château built, finished in 1883. In London he lived at 1 Seamore Place. Both his houses held his extensive art collections.

In 1892 he became a Trustee of the National Gallery.

The following paintings now in the National Gallery have a Rothschild family provenance: Adriaen van Ostade, The Interior of an Inn with Nine Peasants and a Hurdy-Gurdy Player (NG2540); Giuseppe Bazzani, Saint Anthony of Padua with the Infant Christ (NG3663); Anthony van Dyck, The Abbé Scaglia adoring the Virgin and Child (NG4889); Gabriel Metsu, A Young Woman seated drawing (NG5225), Giovanni Battista Tiepolo, Two Men in Oriental Costume; Rinaldo turning in Shame from the Magic Shield; Seated Man, Woman with Jar and Boy; and Two Orientals seated under a Tree (NG6302–6305); and Titian, An Allegory of Prudence (NG6376).

Slavery connections

Like most firms with global operations in the 19th century, Rothschild had links to slavery, even though the firm was instrumental in abolishing it by providing a £15m gilt issue necessary to pass the Slavery Abolition Act of 1833. The money provided by Rothschild was used to pay owners of enslaved people compensation for them and the gilt issue was only fully redeemed in 2015 (‘Rothschild & Co’, Wikipedia [online], <https://en.wikipedia.org/wiki/Rothschild_%26_Co> accessed 5 August 2021).

There are entries on LBS for Nathan Mayer Rothschild and Baron James de Rothschild (UCL Department of History, ‘Nathan Mayer Rothschild’, in UCL Department of History (ed.), Legacies of British Slave-ownership [online], London 2020, <https://www.ucl.ac.uk/lbs/person/view/2146631430 and ‘Baron James de Rothschild’, <https://www.ucl.ac.uk/lbs/person/view/2146631433> accessed 5 August 2021).

Abolition connections

No known connections with abolition.

National Gallery painting connections

Former owner: paintings now in the National Gallery with a Rothschild family provenance: NG2540, NG3663, NG4889, NG5225, NG6302–6305 and NG6376.

Bibliography

History of Parliament Trust (ed.), The History of Parliament: British Political, Social & Local History, London 1964-, https://www.historyofparliamentonline.org/
Checked and not foundItem on publisher's website

C. Matthew et al. (eds), Oxford Dictionary of National Biography, Oxford 1992-, https://www.oxforddnb.com/
Checked and not foundItem on publisher's website

J. Turner et al. (eds), Grove Art Online, Oxford 1998-, https://www.oxfordartonline.com/groveart/
Checked and not foundItem on publisher's website

UCL Department of History (ed.), Legacies of British Slave-ownership, London 2020, https://www.ucl.ac.uk/lbs/
Checked and not foundItem on publisher's website