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August Belmont and Isabel Perry | by cliff1066™
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August Belmont and Isabel Perry

August Belmont and Isabel Perry, 1854, Oil on canvas by Wouterus Verschuur


During the economic depression known as the panic of 1837, August Belmont-in the United States as an enterprising employee of Germany's Rothschild Bank-scouted the opportunities, resigned from his job, and shortly amassed a fortune, founding the firm of August Belmont and Company. Becoming an American citizen, Belmont turned to politics, and his support for the Democrats was rewarded with ambassadorships to Austria and the Netherlands. A staunch Unionist, Belmont used his European connections to argue the North's cause in both England and on the Continent. He was a patron of the arts and an avid sportsman, and his style of conspicuous consumption anticipated a later generation of American tycoons. Belmont further enhanced his public profile when he married the glamorous daughter of naval hero Matthew Perry in 1849

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Taken on August 26, 2008