The Cook Book by “Oscar” of the Waldorf

Three thousand recipes from the maitre d'hotel of the Waldorf — the hotel kitchen that taught Gilded Age America how to dine, from beef tea to watermelon with champagne.

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Financiere Sauce

Put one pint of stock into a saucepan with one ounce of brown roux and stir it over the fire until boiling, skimming it occasionally. Mix with the above ingredients one wineglassful each of mushroom catsup and Madeira, a little cayenne pepper and a small piece of meat-glaze. Move the saucepan to the side of the fire and let the sauce simmer gently for fifteen minutes. Skim the sauce, boil it up again and then strain it. The sauce is then ready for use. Financiere Sauce (for Fish).

Put one pint of lean Spanish sauce into a saucepan with one-half pint each of essence of mushrooms and truffles, two wineglassfuls of Madeira and a small piece of meat-glaze. Boil the mixture and reduce it until it will coat a spoon. Strain it through a silk sieve; it is then ready for use.

For the Modern Kitchen

Two versions of one sauce: a brown stock sauce thickened with roux, and a richer fish version built on espagnole and reduced until it naps. Neither is difficult, but nearly every ingredient name has shifted since 1896.

A Little History

Financière sauce takes its name from the elaborate garniture à la financière, a nineteenth-century French assembly of truffles, cockscombs, olives and mushrooms said to be named for the wealth of the financiers who could afford it. In the classical brigade it sits in the family of Madeira-and-truffle derivatives of espagnole, and it is generally said to have been codified by Escoffier a few years after Oscar Tschirky's book appeared. Its presence in a Waldorf compilation reflects how an American luxury hotel is generally thought to have worked in the 1890s: a large kitchen would likely have kept espagnole, glace de viande and truffle and mushroom essences going as standing stocks, so a sauce like this would have been a matter of combining and reducing rather than starting from scratch. The mushroom catsup in the first version is the older, English-influenced note in the recipe, a store-cupboard flavoring long familiar to American cooks and one that classical French practice would soon push aside.

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