Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-11-25

NEW YORK, Nov. 2t.-August Bel
mont died at O'Clock this morning.
Mr.. Belmont was out and about on
Thursday last. That night he was taken
sick and gradually grew worse until he
died. AS yet no arrangements have
been made for the funeral.
HIS LIFE.
August Belmont was born in Alvey In
the Palatinate, on the left bank OF the
Rhine, in 1916. When but thirteen years
of age he entered the banking house of
the Rothschilds, and in April. 1887,
came 10 this country as their American
s,ssspondent.
SSThOugh Il very young man, he estab-
Slished banking house in May, 1887,
which has steadily grown under his care
full supervision until to-day it stands
among the first in the world.
With the exception Of the four years
when Mr. Belmont was minister to The
Hague, he resided in the United States,
and during his active business life
amassed very large fortune. He took
an active interest In the politics of the
nation, aud was chairman of the ma
tional Democratic committee from 1850
TO 1872 During his residence in this
country he attained not only prominence
as IL financial manager, but also popu-
larity rs Il gentleman and a stRunch adj
vocate of manhood and honesty.
a slight lameness in his walk was the
result of duel with Mir. Harvard of
South Carolina, whose insulting and I'M
called for remarks, at Niblo's Garden,
in AusGst, 1871 led Mr.. Belmont to seek
q sess upon the field of honor, in &C.
scordunce with the rules of the code.
Mr.. HAYWARD was not injured, but Mr..
Belmont received a bullet wound in the
thigh, which gave him serious trouble
for long time.
Mr.. Belmont had the strong face and
characteristics of thorough business
man, and though he had u quick, i'm
pulsive temper, yet. in conversation, he
was mild and courteous TO high degree.
He had decided aversion to nOtOriety,
WAS modest aud unassuming, and his
cheeks flushed as readily as girls ut
words OF commentator.
He claimed that his life was simply
that of plain business man. Success
produced an effect in him, too, seldom
found among prominent individuals.
that of drawing him nsnrer to his fellow
IlNu, rather tudu CAuitih7 Nun W .
supercilious atmosphere above them.
THE BUSINESS MUST GO ON.
To a reporter MIR. Luttgen, a memb Der
of the firm, SAID that the death of Bel
mont had been so sudden and unexpe cted
that he had not recovered from the shock
which its announcement had caused and
he did not care to talk about it. 1 have
no doubt that the house will be con tinued
as before, despite the death of the senior
member, said he,
Belmont's loss will be felt In racing
circles as much as in the financial world.
where he was recognized as a tower of
strength. Among the star performers
stnat have made his name famous
Throughout the racing world have been
such horses as Fides, holder of the six
furloug record; Raceland, the suburban
winner; Potomac, king of two-year-
olds; Prince Royal, Cheney. Kingfsher,
Lady Primrose, Lady Margaret, Latosca,
Clarendon and q host of others.
Belmont g father WAS landed pro-
priete4 He was educated in Frankfort.
1t 4d$by the advice of Belmont that the
sH6Sh childs have made their large in
A1lsfn ents in the American security COM
pany. From 1874 to 1850 he was consul
general ut New York for the Austrian
government.
Mr.. Belmont, in 1858, was appointed
United States charge 'sffaires at The
hague, aud later became
MINISTER RESIDENT.
He resigned in 1858, having first negoti-
ated a highly important commercial con-
veution, for which with other diplomatic
services, he received special thanks Of
the department at Washington. For
many years he was engaged in banking
in this city, and was we'll known as
patron of fine arts, his collection Of
paintings being one of the finest in the
city. Belmont took an active interest in
politics. In 1860 be was delegate to
abe Democratic national convention.
For twenty years he was president of the
American jockey club, and was mem
Der nf the Union and other clubs in New
York. He married q daughter of Com
modore Matthew Z. Perry.