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QuoteWhile these successes were taking place in Hombourg, Wiesbaden, jealous of her rival (Casino Bad-homburg), and wanting to attract the animated atraction which reigned in this city, suddenly raises the maximum of his bets. The newspapers pompously announce that the bank in Wiesbaden cannot blow up and that it will hold all the issues we want; it's a sort of challenge thrown to Garcia's head: this provocation should not remain without answer.�
One day when we least expected it, Garcia fell to Kursaal of Wiesbaden with enormous capital and, in what a few hours, he broke the bank by removing 500,000 francs in a single session. At this news, an emotion extraordinary seizes the shareholders and a kind of pack occurs; they come running and strongly reproach the administration for having changed the conditions of the bank
thus throwing a reckless challenge to this formidable wrestler.
We want to keep the danger away at all costs; we talk with Garcia, we capitulate and peace is signed on conditions humiliating for the administration.
Garcia was then at the height of his reputation and his fortune. The thousand voices of the press spread his name in both worlds. Alas! by an irony of destiny, it was at the time when everyone called him Garcia the Invincible,that he must have succumbed!
QuoteGARCIA
IN FRONT
PUBLIC OPINION
By
LOUIS GERDEBAT
KNIGHT OF THE ROYAL ORDER OF ISABELLA THE CATHOLIC
PARIS
BOOKSTORE E. LACHAUD, PUBLISHER 4, PLACE DU THEATRE FRANCAIS,
1874
FOREWORD
In 1859, I had the honor of being introduced to Mr. Tomas Garcia Cortes, a Spanish nobleman, formerly famous in the spa towns of Germany and for whom the whole world had its day of admiration, by my excellent friend Andres Borrego, one of the most eminent people of Spain, not only as
politician, but also as a writer.
If today I am allowed to raise my voice
and to make a few words heard in favor of his
compatriot Garcia, to whom he also dedicated a friendship
sincere and deep, it is to him that I owe it; It is
thanks to notes that he kindly communicated to me
about our mutual friend, that I was able to write this short
but true pleading.
Through my personal reports and through interviews
that I had with Mr. Garcia, I was able to judge his honesty
honesty, his generosity, his modesty and his
profound disinterestedness. Also, I did not hesitate, a
single moment, to put before the eyes of the public the lines
following, which summarize the whole truth about this perfect
gentleman, on this good man.
Louis GERDEBAT.
GARCIA
IN FRONT
PUBLIC OPINION
The man whose defense we are undertaking has announced himself to the world in a resounding and even romantic manner.
At a fairly recent time, German newspapers,
reproduced by all organs of the European press,
were filled with articles that can be summarized with these words:
"A great emotion is occurring at the moment in
"the spa towns of Germany. A fearless man
"travels through all the banks in triumph and attracts
"the attention of everyone through boldness and loyalty
"of his game. The bank of Hombourg altered in his honor
"neur the rules of its institution and carried 12,000 francs
"at 60,000 francs the maximum bets. »
Shortly afterwards we read in the same newspapers:
"The Frankfurt public flocks to admire the
"courage and composure of Mr. Garcia. He just removed
"TWO MILLION in the bank in a few days.
We make this declaration for the interest of the said Garcia and we hope that it will be of all use to him.
Please accept, etc.
Signed: GIRONA et Cie. »
The banking house Jean Goll et fils, from Frankfurt, expresses itself as follows:
"We hereby certify that Mr. Tomas Garcia, of Ricla, has done considerable business with our company and that his conduct towards us has always, without exception, been perfectly
honest and loyal.
Frankfurt am Main, April 9, 1864.
Signed: Jean GOLL and son. »
One of the most honorable and solid houses of
bank of Paris, the house of Marcuard, André et fils, written to
Garcia:
" Sir,
a At your request and to pay homage to the truth, we acknowledge that you were accredited to us in 1858,
for a large sum by a very honorable banking house in Barcelona and that, from then until 1862, our account gave rise to considerable transactions in which you always showed yourself to be perfectly punctual and loyal.
Signed: MARCUARD, ANDRÉ and Cie.
Paris, September 12, 1864."
Finally, in his native city he enjoys general esteem and consideration. Let us let the mayor of this city have his say, who lists the land properties that Mr. Garcia owns there and the tax rate that he pays to the public treasury.
I, the undersigned, Don Pedro Romeo, mayor of the city of Ricla,
certifies that Tomas Garcia Cortès, native and domiciled in this city, is registered in the land register as the owner of sixteen houses
and eighteen rural properties, on which he pays taxes, by
year, the sum of two thousand piastres (10,600 francs), according to what results from the registers of the last year kept in the town hall.
And, so that the above facts are known to all, we deliver this present signed with the seal of the municipality.
Ricla, this February 20, 1863.
Signed: L'Alcade, PEDRO Ronmo. »
Don Benito Garcia, mayor of the city of Ricla, I certify that
Tomas Garcia Cortès, native and domiciled in this city, where he is an owner, observed a behavior during his long stay in this city And, for this reason, and by his loyal procedures, he obtained the esteem and sympathies of all the honest people of the country And, so that he can do it, see where it suits him, I am sending this certificate which I sign with the seal of the commune.
Ricla, this December 28, 1867.
"Signed: L'Alcade, BEnito GARCIA. »
Thus, in his hometown and in all the towns of Spain where he stayed, Garcia is known with honor. Very different from those adventurers whose past is hidden in mysterious darkness, his entire life is full of light.
Here begins the interesting part of Garcia's story:
young and favored by fortune, loving travel, he traveled through the various countries of Europe frequented by the elegant world. He successively visited France, Italy and England; he then explored the banks of the Rhine. At the sight of this series of enchanted palaces where worship is given to the god of chance, of these splendid open stock exchanges, all along the old historic river, to the moving speculation of the players, he feels irresistibly attracted towards this enchanting land.
Follow Garcia in this series of excursions in Germany
which all the European press talked about, explain all the
The victories he won would be almost epic.
Garcia went from success to success in all the banks
from Germany: from Homburg to Wiesbaden, from Wiesbaden
in Baden, it was only a series of triumphs.
The Hombourg bank, which was already the most powerful at the time, changed the rules of its institution in honor of Garcia, by raising its maximum stakes from 12,000 francs to 60,000 francs. This was the beginning of a real struggle between the bank and Garcia, who responded to this challenge by playing the maximum of 60,000 francs on each spin.
Mr. Garcia carried out, in a few days, against the bank of
Hombourg a net profit of two million francs.
Never, since the banks of Germany were established,
we had never seen such success. Until then it was a rare thing
that a bank blowing up was a phenomenon that happened once a year. Three days in a row, Mr. Garcia blew up the Homburg bank, which was the richest and strongest in all of Germany.
These successes, achieved so quickly, produce great emotion. Gathered in a general meeting, the bank's shareholders urgently vote for a capital increase.
The Frankfurt bankers and capitalists are playing up and down on stocks which, for the first time, are falling by 20% in a day. Mr. Blanc, the well-known capitalist and managing director, offers a payment of several millions, with which they are preparing to support the fight against Garcia.
This gigantic struggle was continued with perseverance and relentlessness. example. Garcia attacked the bank with great vigor, he played with notes
to order of the Banque de France for 12,000 francs, which
Mr. Blanc had sent from Paris expressly to facilitate
payments. The differences we made during the day
frightened even those who were not interested in it. THE
- Kursaal lounges were filled with thousands of people
coming from Frankfurt and all the other cities, where we meet
made an appointment to see Garcia play and admire his
cold blood. As for the shareholders, most of whom were
bankers, they abandoned their offices to go to the
Kursaal. They felt, for the first time, emotions
as if they had played themselves: moreover, they had
- for good reasons: the decline in stocks was accentuated
more and more.
It would be curious, as well as instructive, the story of all the incidents and adventures that happened in this all-out struggle with the bank. Let us cite just one fact: One day Garcia had been engaged against the bank for several hours. Luck turned against him at one point, so much so that he lost a very large sum and was close to succumbing. Suddenly Garcia leaves the salons; we believe he is gone, defeated, and the shareholders are rejoicing. It was just a clever move on his part:
he had gone to Frankfurt to ask for new reinforcements. He uses the telegraph with Paris. He receives 200,000 francs with which he returns to the charge. It was already dark when he arrived at the games room. At eleven o'clock they had to finish the games: at that time not only had Garcia recovered from his losses, but he had also won 600,000 francs!
The next day, Garcia attacked the bank very early. At noon there was nothing left of it, he had removed everything, and the fully liveried servants of the Kursaal walked behind him carrying away the bags of money which earlier belonged to the bank and of which Garcia had become the new owner. When he left the salons a large crowd was waiting for him and gave him an ovation.