BELMONT, AUGUST (1816-189o), American banker and financier, was born at Alzei, Rhenish Prussia, on Dec. 8, 1816. He entered the banking house of the Rothschilds at Frankfort, acted as their agent for a time at Naples, and in 1837 settled in New York as their American representative. In 1853-55 he was chargé d'affaires for the United States at The Hague, and from 1855 to 1858 was the American minister resident there. He energetically supported the Union cause during the Civil War, and exerted a strong influence in favour of the North upon the merchants and financiers of England and France. He died in New York on Nov. 24, 1890.
His son, PERRY BELMONT (1851— ), was born in New York on Dec. 28, 1851. He practised law in New York for five years, and was a member of Congress from 1881-89, serving in 1885-87 as chairman of the committee on foreign affairs. In 1889 he was United States minister to Spain.
Another son, AUGUST BELMONT (1853-1924), was born in New York on Feb. 18, 1853. He was prominent in financing and building the New York subway. He died in New York city on Dec. io, 1924.