EXHIBIT 24.3

The General Partner and Unitholders
Alliance Capital Management L.P.


          We consent to incorporation by reference in the registration
statement on Form S-8 of Alliance Capital Management L.P. of our reports dated
January 29, 1993, except as to Note 11, which is dated February 26, 1993,
relating to the statements of financial condition of Alliance Capital Management
L.P. and subsidiaries as of December 31, 1992 and 1991, the related statements
of income, partners' capital, and cash flows for each of the years in the three-
year period ended December 31, 1992 and the related schedule of marketable
securities as of December 31, 1992 which reports appear in the December 31, 1992
annual report on Form 10-K, as amended by Form 10-KA, of Alliance Capital
Management L.P.

New York, New York
February 23, 1994


                         KPMG PEAT MARWICK