Politician, financier, and racehorse owner (1813-1890) who established the Belmont Stakes, the third jewel of the Triple Crown series of American thoroughbred horse racing. Uncommon LS, one page, 7.75 x 13, March 1853. Written from New York, a letter to President Franklin Pierce nominating a purser in the Navy, in part: “The undersigned respectfully recommend to your favorable consideration the application of William H. Allmand Esq. of this city to the appointment of Purser in the Navy of the United States. We are assured that from his long services as Purser of the U.S. Mail steam ship Artic and through business habits, as well as his education and general intelligence that he is well qualified for the discharge of duties of that office.” Signed at the conclusion by August Belmont, Thomas Dunlap, Fernando Wood (former mayor of New York), and Cornelius Van Wyck Lawrence, who became the first popularly elected Mayor of New York City after the law was changed in 1834. In fine condition. At the age of fourteen, Belmont began working at the office of the Rothschilds in Frankfurt, Germany. His skill for finance won him numerous promotions within the company until in 1837, during the financial panic, he formed his own company in New York with his only tangible asset being that of his agency in the U.S. for the Rothschilds. Within a few years, Belmont was one of the leading bankers in the nation.
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