Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1867-10-19

the little town OF Alley, in Germany, of
middle-class parents -honest, industri-
GUS vlell meaning people, who had
acquired decent property by hard
labor and careful economy, and who
had but one ambition in life, that of
educating their two children, boy and
a girl, that they might be qualified for
a high place in the world.
They sent their boy, August, to MIR.
Sachs collegiate institute, in Frank
fort, a school which held high posi-
tion, and from which he graduated with
credit. Soon after, he was -appren-
-tieed to, the Rothschilds, whose
establishment was IN high esteem for
the right among students who had
turn for finance. Having acquired a
knowledge of monetary transactions
and exchange. young Belmont, mt the
conclusion of his apprenticeship, was
sent to Naples, to the care of one of
the Rothschilds' agents, and here ne
perfected, by practice, his financial
knowledge, and became thoroughly
grounded in the principles of foreign
exchange aud trade. s IA aff.a
Ii was, as the agent of this house,
that Mr. Belmont came to New York.
He arrived here in 1887, time of
great financial disturbance, and by
iudicious and skillfnl use of the means
at his command, not only served his
employers to their entire satisfaction,
but laid the foundation for his own
vast fortune.
Mr.. Belmont is short in stature,
rather thick-set, and could hardly be
"a 60. -
by his aspect. He has brown eyes,
nose rather large but prominent and
slightly retTOHsSe Ia broad forehead,
scanty hair, and neatly trimmed side
whiskers. He dresses plainly but ele.
gantly, and would not, by his appear
anee, attract special attention from the
ordinary observer. He is offlicted with
a very decided lameness, which many
suppose to arise from the Byronic in
trinity of club-f9ot, but tins is not
true. Tue lameness was caused by
wound which Mr.. Belmont received in
a duel some years ago.
MIR. Belmont is married to n daugh-
ter of our great naval hero, CommO-
dOre Perry, aud has an interesting
family, of FIVE children. Their New
York residence is on the corner of 18th
street and 9Th avenue. 1t is plain
brick building externally, by no means
so imposing III it's exterior as many of
our uptown residences; but within, it
is marvel of richness and elegance
Its chief ornament, to the lover of the
beautiful. is it's magnificent picture gal
lery, perhaps the finest private collec-
ton in America. It is often thrown
open to the public, when some charita-
BILE purpose is to be served, aud a price
OF admission is charged, the receipts
always proving a handsome sum for the
benefit of the charity. This gallery of
paintings is the result of years of earn.
est and cultivated effort in collecting
rare works of art, both by foreign and
native artists, almost regardless of ex-
pense.
Another similar work similar in
regardlessness of cost, and in the years
of earnest effort which have been devo-
ted TO it--has its result in the wonder
full collection of jewels which Mrs. Bel
mont possesses, and which might add
splendor to the casket of reigning
sovereign. A pearl necklace, one OF
the chief beauties of this collection, is
OF immense value, and has few peers
in the whole world. Every pearl in
this necklace IS gem of the first puri-
ty, hir. Belmont having gathered them,
one by one, from every part of the
globe, occupying fourteen years with
the task, and Keeping all the noted
jewellers of the world constantly on the
look out for pearls of sufficient SPLEEN
dor 10 bee worthy of a place in this
wonderful necklace.
For all branches of art, and for all
esthetlc matters whatever, MIR. Belmont
has strong love. He has done much
for the encouragement of native genius
and for the adornment of the city of
his adoption. It will be remembered
that he promised to present the Central
Park with marble statue of his illus-
trious father.in law, Commodore Perry;
butin consequence of some misunder-
standing between himself and the Park
Commissioners, this ornament to the
city's playground has thus far been
withheld.
Besides the house in Fifth avenue,
Mr.. Belmont has magnificent country
place at Newport, where his family
goes in summer, and generally remains
until November, regardless of the fash
ionable edict which bids all the vOta-
ries of King Ton toTush back to town in
September. At Newport, Mrs. Bel
mont INDUCES In the aristocratic
equipage known as a Ia ddumOm with
postlllions and outriders in dashing
livery. In town their carriage is not
especially distinguishable from a hun
dred other handsome equipages, with
plain brown Iiveried driver and foot
man.
On one occasion MIR. Belmont took
his carriage to Chicago, where he went
to attend "A democratic convention, aud
greatly outraged the democratic sim
plicity of the ''unwashed"of that party,
by driving from his hotel to the con-
vention--a mile or more--in style
that is seldom seen in the streets of
Chicago. They made some severe com
ments on MIR. Belmont's undemoeratie
"coat-of-arms, we remember, but I'M
less we are very much mistaken Mr..
Belmont has no coat-of-arms, his car
riage panels being adorned with a sim
pie crest and the letter b IN. Z. Ere1l-
ing Mil aaa.l sll
New Discoveries at PompelI.
Senator Fiarelii's workmen are con-
stantsy unearthing new treasures at
Pompeii. One of the most recent is "a
strong box. 1t was evidently covered
with thin plates of iron. The front is
I.-nn1a -ralfafc