By royal licence of Queen Victoria on 16 June 1838, he was allowed (along with other male-line descendants of his late father) to use the Austrian title of baron in the United Kingdom.She demurred, saying that titling a Jew would raise antagonism and furthermore it would be unseemly to reward a man whose vast wealth was based on what she called "a species of gambling" rather than legitimate trade.[4] Rothschild was responsible for raising large sums for the government, especially in the Crimean War, and for philanthropic relief of the victims of the Great Irish Famine.[6] On 1 January 1847, he founded the British Relief Association, alongside Stephen Spring Rice, John Abel Smith and other notable aristocrats.[14] A patron of thoroughbred horse racing, under the assumed name of "Mr Acton", his colt Sir Bevys won the 1879 Epsom Derby.