iting ▁from ▁the ▁higher ▁gold market ▁prices ▁paid ▁in ▁Europe . ▁This ▁ar bit rage ▁business ▁expanded ▁after ▁the ▁ 1 8 8 2 ▁Paris ▁B ourse ▁crisis . ▁In ▁Paris , ▁Simon ▁served ▁as ▁the ▁American ▁representative ▁for ▁the ▁Ban que ▁de ▁France . ▁During ▁the ▁American ▁financial ▁Pan ic ▁of ▁ 1 8 9 3 , ▁he , ▁We ill , ▁the ▁Laz ard ▁Fr ères ▁et ▁C ie , ▁with ▁the ▁Laz ard ▁F rer es ▁& ▁Co . ▁New ▁York ▁office , ▁Meyer ▁and ▁George ▁Bl ument hal ▁( bank er ), ▁coordin ated ▁with ▁American ▁bank er ▁J . P . ▁Morgan ▁to ▁ship ▁gold ▁across ▁the ▁Atlantic ▁to ▁re pl en ish ▁the ▁U . S . ▁Tre as ury ’ s ▁decl ining ▁gold ▁supply . ▁The ▁inf usion ▁saved ▁the ▁U . S . ▁Tre as ury . ▁ ▁Leg acy ▁ ▁In ▁fin ▁de ▁siècle ▁Paris , ▁Simon ▁Laz ard ▁was ▁the ▁patri arch ▁of ▁Laz ard ▁Fr ères . ▁The ▁became ▁known ▁as ▁one ▁of ▁“ the ▁greatest ▁bank ing ▁concerns ▁of ▁the ▁world .” ▁ ▁With ▁his ▁death ▁in ▁ 1 8 9 8 , ▁the ▁San ▁Francisco ▁Chron icle ▁remembered ▁Simon ▁Laz ard ▁among ▁Cal if or ni ans ▁and ▁stated ▁that ▁he ▁was ▁” high ly ▁este emed ▁by ▁a ▁large ▁circle ▁of ▁friends ▁on ▁both ▁contin ents ▁for ▁his ▁liberal ▁views , ▁business ▁ability ▁and ▁his ▁lav ish ▁char ities .” ▁Native ▁of ▁Lor raine , ▁France , ▁merchant