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A curious anecdote is related of the cause of MT. Rothschild's recent heavy loss by the fall of Spanish stocks. Mir. Toreno, the present Minister of Finance in Spain, was exiled by Ferdinand VII. for having been President of the Cortes in 1923. He resided in Paris for long tine, and having become very much reduced in his circum- stances applied to Mir. Rothschild for a loan of twenty thousand francs, which, was refused. When Toreno, short time since, was placed at the head of the Span ish department of finances, Mr. Rothschild proposed to him financial operation, by which he, MT. R. would have realized sew eral millions: Toreno not only rejected 1t, but knowing that Rothsehild was large holder of Spanish stocks, proposed to the government the scheme of bankruptcy, which has had the effect of suddenly depres- sing Spanish funds to such degree as to cause loss to Mir. Rothsehild of twenty millions of francs.

 