•N. M. Rothschild & Sons British Newfoundland
Corporation, Churchill Falls project in Newfoundland,
Canada, is completed.
•N.
M. Rothschild & Sons also create a new asset management
part of the company which traded worldwide. This
eventually became, Rothschild Private Management Limited.
•Edmond
de Rothschild, a great-grandson of Jacob (James) Mayer
Rothschild, bought the cru bourgeois estate of Château
Clarke in Bordeaux.