We have observed the rest-frame optical and UV spectra of the luminous
, high redshift IRAS source FSC 10214 + 4724. We find the optical emis
sion lines to be characterized by ratios similar to those found in Sey
fert II galaxies. We support the conclusion of previous work that the
UV emission lines are similar to those attributed to AGN rather than t
o star formation. The ratio Halpha/Hbeta greater-than-or-equal-to 20 (
2sigma lower limit) implies substantial reddening of the narrow line r
egion with A(V) > 5.5, sufficient to hide a broad line region in our H
alpha observations. Given this large inferred reddening and the streng
th of the UV continuum and emission lines, we conclude (as have others
) that simple screen models of reddening are not appropriate for this
object. These properties are very similar to those of the infrared lum
inous galaxies at lower redshift, suggesting that FSC 10214 + 4724 is
the luminous extreme of the same population. We also present H band (1
.6 mum) imaging polarimetry observations and find that the rest-frame
optical emission is unpolarized (P = 3.2% +/- 2.0%). This deep image o
f the field shows FSC 10214 + 4724 to possess an unresolved core, with
several companions located within 10'' of the point source. We find i
t unlikely that this group of objects is physically associated with FS
C 10214 + 4724 at z = 2.3, and we argue that their magnitudes and colo
rs are more consistent with those expected for galaxies in a foregroun
d group. While galaxy number counts would suggest that such a projecti
on has a low probability of being observed randomly, a foreground grou
p might gravitational lens the z = 2.3 source, making such random stat
istics inappropriate, and contribute to the large observed luminosity
of FSC 10214 + 4724. Comparison of H band images taken on two occasion
s one year apart show that FSC 10214 + 4724 had varied by 0. 16 +/- 0.
03 mag relative to a nearby star during that time. The UV-optical emis
sion line spectra, the bright dereddened continuum magnitude (K less-t
han-or-equal-to 12) of the unresolved core, its extremely large bolome
tric luminosity, strong UV polarization, and possible variability all
suggest that FSC 10214 + 4724 harbors an obscured AGN. Given that we o
bserve no spectral features attributable to star formation, it appears
either that star formation in FSC 10214 + 4724 is more highly obscure
d at optical and UV wavelengths than the narrow line region of the AGN
, or that the AGN (rather than star formation) dominates the large lum
inosity of this object.