CDV AUGUST BELMONT AMERICAN CAPITALIST with ROTHSCHILD

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*CDV AUGUST BELMONT ~ AMERICAN CAPITALIST WITH ROTHSCHILD. Scarce Carte-de-Visite Photograph, by Brady, published by E. & H.T. Anthony, N.Y. Cancelled 2¢ U.S. Revenue Stamp on verso. A distinguished 3/4 length standing pose. American financier August Belmont, Sr. [1813-1890] was born in Alzey, Prussia to a Jewish family. He immigrated to New York City in 1837 after becoming the American representative of the Rothschild family's banking house in Frankfurt. On receiving his American citizenship, he married Caroline Slidell Perry, daughter of Commodore Matthew Calbraith Perry and niece of politician John Slidell. While on his way to Havana to manage the Rothschild's branches t, he stopped over in New York City just at the time of the finanicial Panic of 1837. Instead of continuing on to Havana, he remained in New York to superintend jeopardized Rothschild interests. He then formed August Belmont & Company, believing that he could replace the defunct American Rothschild agency with his own company. It was an instant success and Belmont was able to straighten out the Rothschild interests in the U.S. between 1837 and 1842. To strengthened his business position, Belmont accepted the position of Consul General of Austria at New York in 1844, resigning in 1850. In 1851, Belmont campaigned for U.S. presidential candidate James Buchanan. read more