August Belmont
United States banker, financier and diplomat
August Belmont
August Belmont, Sr. was an American politician.
Biography
August Belmont's personal information overview.
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Popular photos of August Belmont
News
News abour August Belmont from around the web
Britain's Surrogate War Against the Union, 1861-65 - Executive Intelligence Review (EIR)
Google News - over 5 years
British Prime Minister Lord Palmerston would comment to August Belmont, the pro-Confederate New York representative of the Rothschild interests. "We do not like slavery, but we want cotton, and we dislike very much your Morrill tariff
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SARATOGA RACE COURSE: What's in a name - The Saratogian
Google News - over 5 years
August Belmont II defined the original conditions of the race to emulate the Epsom Oaks in England. Most of the feature races at Saratoga Race Course have a story behind the name. Here are a few of them: The John Morrissey, a race for New York-bred
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Gaston/Lincoln School News - Charlotte Observer
Google News - over 5 years
Specific information about bus stops will be provided to parents during Back-to-School orientations and Open House programs in August. Belmont Middle School recently earned the Gaston County Sportsmanship Award, while Cramerton Middle earned the
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SARATOGA RACE COURSE: 2011 Hall of Fame Inductee Matthew Byrnes - The Saratogian
Google News - over 5 years
Born in New York City in 1873, Byrnes started working with horses as an exercise rider for August Belmont's stable. Following a period as a jockey, he turned his attention to training, first as an assistant to Jacob Pincus for John Jacob Astor,
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The Godfather of handicappers: Pittsburg Phil changed the game forever - Daily Racing Form
Google News - over 5 years
The horse was King Cadmus, a well-bred bay colt Phil purchased at the dispersal sale of the senior August Belmont in 1890. By the fall of 1891, Phil was knee-deep in one of his few bad seasons. Yet he knew the time was right for one colossal bet
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From Brooklyn to Blenheim Palace Winston Churchill's Mother Jennie Jerome Was ... - Brooklyn Daily Eagle
Google News - over 5 years
He was founder of the American Jockey Club with August Belmont and William Travers, and built Jerome Park racetrack in the Bronx, where the Belmont Stakes was originally held. He also organized the Coney Island Jockey Club, and was president of that
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The Belmont's Jewish Backstory - The Jewish Week
Google News - over 5 years
August Belmont Sr., for whom the Belmont Stakes were named, was born Jewish in Germany. The family name was Schonberg (German for beautiful mountain), which he later changed to Belmont (French for beautiful mountain). The current race is held at
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What Time Does the Belmont Stakes Start? (2011 TV Schedule) - Pregame.com
Google News - over 5 years
Named after August Belmont, the race was first run at Jerome Park in 1867. Horse racing legend Secretariat's 31-length victory in the 1973 Belmont Stakes made him the 9th horse to capture the Triple Crown after establishing a the world record for a
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This week in Belmont Stakes History - Sports Network
Google News - over 5 years
June 12, 1926: The August Belmont family first presented their permanent commemorative Tiffany trophy to the winner of the Belmont Stakes. The silver trophy was created in 1869 in recognition of Fenian's win in the Belmont. June 12, 1948: After riding
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The Federal Reserve Cartel: Freemasons and The House of Rothschild - Center for Research on Globalization
Google News - over 5 years
[19] That same year the Chicago Tribune blasted, “Belmont (August Belmont was a US Rothschild agent and had a Triple Crown horse race named in his honor) and the Rothschilds...who have been buying up Confederate war bonds.” Salmon Rothschild said of a
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'Matchless Jew': The Belmont's Jewish Backstory - The Jewish Week
Google News - over 5 years
He eventually outgrew the jockey's weight, and began training for the robber-baron thoroughbred owners of the day, including August Belmont. Fenian's 1869 victory marked the third running of Belmont's self-named stakes race. Next, Pincus trained for
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The Public Banking Movement Comes of Age. - OpEdNews
Google News - over 5 years
The American people were aware of the threat posed to their independence and economic security by the private bankers and their political agents such as August Belmont. But over time public understanding of the machinations of private bankers decreased
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Belmont Stakes, Triple Crown final and oldest race - bettor.com (blog)
Google News - over 5 years
The not so famous stakes race at that time was named after August Belmont, a famous entrepreneur, who had a taste for horse racing, and, played a big role in financing the first Belmont Stakes held at Jerome Park Racetrack in The Bronx
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Man o' War, Major Parker on All-Military Team - ESPN
Google News - over 5 years
Man o' War: August Belmont, son of the New York banker and part of the family for which Belmont Park would be named, joined the US Army at age 65 and was serving in World War I in France when a horse was born back in Lexington, Ky
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Industry Insights: Belmont Stakes a feature, not a bug - Thoroughbred Times
Google News - over 5 years
Founder of the American Academy of Music and grandfather of Winston Churchill, Jerome designed the race as an American equivalent of the 1 1/2-mile Epsom Derby, and named it after banker August Belmont Sr., who financed construction of the track
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Hundreds of markers toppled by vandals at historic cemetery - Providence Journal
Google News - almost 6 years
Among those buried at Island Cemetery, or whose monuments stand there, are international financier August Belmont and his son by the same name, architect Richard Morris Hunt, Navy officers Oliver Hazard Perry and Matthew Calbraith Perry,
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Timeline
Learn about memorable moments in the evolution of August Belmont
    LATE_ADULTHOOD
  • 1890
    Age 76
    The Letters, Speeches and Addresses of August Belmont was published at New York in 1890.
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  • FIFTIES
  • 1872
    Age 58
    Although the election of 1872 prompted Belmont to resign his chairmanship of the Democratic National Committee, he nevertheless continued to dabble in politics as a champion of U.S. Senator Thomas F. Bayard of Delaware for the presidency, as a fierce critic of the process granting Rutherford B. Hayes the presidency in the 1876 election, and as an advocate of "hard money" financial policies.
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  • 1868
    Age 54
    Seeking to capitalize on divisions in the Republican Party at the War's end, Belmont organized new party gatherings and promoted Salmon Chase (the former United States Secretary of the Treasury since 1861, and later Chief Justice of the United States in 1864) for president in 1868, the candidate he viewed least vulnerable to charges of disloyalty to the Party during the Republican/Unionists Lincoln-Johnson Administrations, (1861-1869). Horatio Seymour's electoral defeat in the 1868 election paled in comparison to the later nomination of Liberal Republican Horace Greeley's disastrous 1872 presidential campaign. In 1870, the Democratic Party faced a crisis when the Committee of Seventy emerged to cleanse the government of corruption.
    More Details Hide Details A riot at Tammany Hall led to the campaign to topple William (Boss) Tweed. Belmont stood by his party. While the party chairman had originally promoted Charles Francis Adams for the nomination, Greeley's nomination implied Democratic endorsement of a candidate who as publisher of the famous nationally-dominant newspaper, the New York Tribune, had often earlier referred to Democrats before, during and after the War as "slaveholders", "slave-whippers", "traitors", and "Copperheads" and accused them of "thievery, debauchery, corruption, and sin".
  • 1866
    Age 52
    He served as the president of the National Jockey Club from 1866 to 1887, and owned two large horse-breeding farms as well.
    More Details Hide Details Belmont, New Hampshire, is named in his honor, an honor he never acknowledged. In 1910, sculptor John Quincy Adams Ward completed a bronze statue of a seated Belmont. The statue was originally installed in front of a small chapel adjacent to the Belmont burial plot in the Island Cemetery. It was later moved to a park between Washington Square and Touro Street in Newport. It was replaced by a marker dedicating the park as Eisenhower Park (Newport) in 1960, to honor President Dwight D. Eisenhower. The statue was loaned by the city of Newport, Rhode Island to the Metropolitan Museum of Art in New York in 1985. It was eventually installed, about 1995, in front of the headquarters building for the Preservation Society of Newport County at the corner of Bellevue and Narragansett Avenues in Newport. Author Edith Wharton reputedly modeled the character of Julius Beaufort in her novel The Age of Innocence on Belmont.
  • 1864
    Age 50
    According to the Chicago Tribune in 1864, Belmont was buying up Southern bonds on behalf of the Rothchilds as their agent in New York because he backed the Southern cause.
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  • FORTIES
  • 1862
    Age 48
    Remaining chairman of the Democratic National Committee after the War, Belmont presided over what he called "the most disastrous epoch in the annals of the Democratic Party". As early as 1862, Belmont and Samuel Tilden bought stock in the New York World in order to mold it into a major Democratic press organ with the help of Manton M. Marble, its editor-in-chief.
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  • 1861
    Age 47
    He was controversially removed in late 1861 from the British trans-Atlantic steam packet ship Trent, off-shore from Havana, by the Union Navy warship.
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  • 1860
    Age 46
    As a delegate to the pivotal, but soon violently-split 1860 Democratic National Convention in Charleston, South Carolina, Belmont supported influential U.S. Senator Stephen A. Douglas of Illinois, (who had triumphed in the famous 1858 Lincoln-Douglas Debates over his long-time romantic and political rival, the newly recruited Republican candidate Abraham Lincoln, in their battle for Douglas's Senate seat).
    More Details Hide Details Senator Douglas subsequently nominated Belmont as chairman of the Democratic National Committee. Belmont is attributed with single-handedly transforming the position of party chairman from a previously honorary office to one of great political and electoral importance, creating the modern American political party's national organization. He energetically supported the Union cause during the Civil War as a "War Democrat" (similar to former Tennessee Senator Andrew Johnson, later installed as war governor of the Union Army-occupied seceded state), conspicuously helping U.S. Representative from Missouri Francis P. Blair raise and equip the Union Army's first predominantly German-American regiment. Belmont also used his influence with European business and political leaders to support the Union cause in the Civil War, trying to dissuade the Rothschilds and other French bankers from lending funds or credit for military purchases to the Confederacy and meeting personally in London with the British prime minister, Lord Palmerston, and members of Emperor Napoleon III's French Imperial Government in Paris. Belmont also helped organize the Democratic Vigilant Association, which sought to promote unity by promising Southerners that New York businessmen would protect the rights of the South and keep free-soil members out of office.
  • 1856
    Age 42
    Though Belmont lobbied hard for it, newly elected President Buchanan denied him the ambassadorship to Madrid in the Kingdom of Spain after the presidential election of 1856, thanks to the Ostend Manifesto.
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  • THIRTIES
  • 1853
    Age 39
    Belmont held this post from October 11, 1853 until September 26, 1854 when the position's title was changed to Minister Resident.
    More Details Hide Details He continued as Minister Resident until September 22, 1857. While in the Netherlands, Belmont urged American annexation of Cuba as a new slave state in what became known as the Ostend Manifesto.
    In 1853, Pierce appointed Belmont chargé d'affaires (equivalent to ambassador) to The Hague of the Kingdom of the Netherlands.
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    She was the daughter of naval officer Matthew Calbraith Perry, captain and commodore in the U.S. Navy, later famous for his expedition to open the trading ports of Japan in 1853.
    More Details Hide Details According to Jewish newspaper sources, he converted to Christianity at that time, taking his wife's Episcopalian/Anglican faith. Belmont's sons were Oliver Hazard Perry Belmont, Perry Belmont, and August Belmont, Jr. All of his sons became involved in politics. Perry became the head of the committee on foreign affairs in Congress. He also had two daughters, Jennie (died age 10) and Fredericka Belmont. John Slidell, uncle of Belmont's wife, was a U.S. Senator from Louisiana and later Southern secessionist who served the Confederate States government as a foreign diplomat and potential minister to Great Britain and French Emperor Napoleon III.
  • 1851
    Age 37
    In June 1851, Belmont wrote letters to the New York Herald and the New York National-Democrat, insisting that they do justice to Buchanan's run for the presidential nomination.
    More Details Hide Details But Franklin Pierce of New Hampshire, a "dark horse" candidate, unexpectedly won the Democratic nomination instead, and was elected President. He appointed Buchanan as his Minister to the United Kingdom, and Belmont made further large contributions to the Democratic cause, while weathering political attacks.
  • 1850
    Age 36
    He resigned the consular post in 1850 in response to what he viewed as the Austrian government's policies towards Hungary, which had yet to gain equal status with Austria as part of the Dual Monarchy compromise of 1867.
    More Details Hide Details His interest in American domestic politics continued to grow.
  • 1849
    Age 35
    Belmont married Caroline Slidell Perry on November 7, 1849.
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  • 1844
    Age 30
    In 1844, Belmont was named the Consul-General of the Austrian Empire at New York City, representing the Imperial Government's affairs in the major American financial and business capital.
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  • TWENTIES
  • 1837
    Age 23
    He arrived in the previously prospering United States during the first waves of the financial/economic recession of the Panic of 1837, shortly after the end of the iconic two-term administration of President Andrew Jackson, the nation's first Democratic administration.
    More Details Hide Details Belmont remained in New York to supervise the jeopardized Rothschild financial interests in America, whose New York agent had filed for bankruptcy, instead of continuing on to Havana. After he emigrated permanently to the United States, he changed his family surname, "Schönberg" (German for "beautiful mountain"), to "Belmont" (French for "beautiful mountain") in an attempt to avoid anti-Semitism and integrate into American society. In the financial/economic recession and Panic of 1837, hundreds of American businesses, including the Rothschild family's American agent in New York City, collapsed. As a result, Belmont postponed his departure for Havana indefinitely and began a new firm, August Belmont & Company, believing that he could supplant the recently bankrupt firm, the American Agency. August Belmont & Company was an instant success, and Belmont restored health to the Rothschilds' U.S. interests over the next five years. The Company dealt with foreign exchange transactions, commercial and private loans, as well as corporate, railroad, and real estate transactions. Belmont owned a mansion in what is presently North Babylon, New York, on Long Island. It is now owned by New York State and is known as Belmont Lake State Park.
    At age 24, in 1837, Schönberg/Belmont set sail for the Spanish colony of Cuba and its capital city of Havana, charged with the Rothschilds' Cuban interests.
    More Details Hide Details On his way to Havana, Schönberg/Belmont stopped in New York City on a layover.
  • TEENAGE
  • 1832
    Age 18
    He was promoted to confidential clerk in 1832 and later traveled to Naples, Paris and Rome.
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  • CHILDHOOD
  • 1813
    Born
    August Belmont was born with the name August Schönberg to a Jewish family in Alzey, in the Grand Duchy of Hesse, in Germany on December 8, 1813—some sources say 1826—to Simon and Frederika Elsass Schönberg.
    More Details Hide Details After his mother's death, when he was age seven, he lived with his uncle and grandmother in the German financial capital of Frankfurt am Main ("Frankfurt on the Main River"). He attended The Philanthropin, a Jewish school, until he began his first job as an apprentice to the Rothschild banking firm in Frankfurt am Main. The young August would sweep floors, polish furniture and run errands while studying English, arithmetic, and writing.
Original Authors of this text are noted here.
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