August Belmont and Company
In the Panic of 1837, hundreds of American businesses, including the Rothschild's American agents, collapsed. As a result, Belmont postponed his departure for Havana indefinitely and began August Belmont & Company, believing that he could supplant the recently bankrupt firm, the American Agency. August Belmont and Company was an instant success, and Belmont restored health to the Rothschild's US interests over the next five years. In 1844, Belmont was named the Consul-General of Austria at New York. He resigned the post in 1850 in response to what he viewed as Austria's cruelty towards Hungary, even as his interest in politics grew.
Read more about this topic: August Belmont
Famous quotes containing the words august, belmont and/or company:
“What an occupation! To sit and flay your fellow men and then offer their skins for sale and expect them to buy them.”
—J. August Strindberg (1849–1912)
“An actor must communicate his author’s given message—comedy, tragedy, serio- comedy; then comes his unique moment, as he is confronted by the looked-for, yet at times unexpected, reaction of the audience. This split second is his; he is in command of his medium; the effect vanishes into thin air; but that moment has a power all its own and, like power in any form, is stimulating and alluring.”
—Eleanor Robson Belmont (1878–1979)
““We’ll encounter opposition, won’t we, if we give women the same education that we give to men,” Socrates says to Galucon. “For then we’d have to let women ... exercise in the company of men. And we know how ridiculous that would seem.” ... Convention and habit are women’s enemies here, and reason their ally.”
—Martha Nussbaum (b. 1947)