The Brookhaven leader. [volume] (Brookhaven, Miss.) 1883-1891, 1883-10-18
Monte Carlo.

Since the death of NJ. Blanc, the pro-
moter of the gaming tables at Monte
Carlo, which occurred Il few years ago,
Chat of Mime. Blanc tranSpircd in
lSSl), the Casino continues to prosper
in the most surprising manner. Those
now Interested in the undertaking are
the members Of the Blame family-vz.,
Edmond Blanc, son and heir, and the
Princes Radziwill and Roland Bona
partc, who married daughters of NJ.
Blanc. They are the principal share
holders; nevertheless, a few shares are
said to be in the hands of the Mayor of
Nice and other Understanding function
aries of that city.
There are three hundred of these
shares, each one representing one hun
dred undivided parts. Each share at
the outset was worth 80, 900 francs; their
actual value Is difficult to tell. At all
events, if offered for sale they would at
tain fabulous price, seeing the phc-
nomcnal profits annually realized by the
roulette and card tables. Hitherto the
owners of the Casino have appeared to
be satisfied with their annual profits,
which permitted the daughters of NJ.
Blame to be lowered with %, 900, 600
francs each, irrespective of the enOr-
nous revenue which falls to the lot of
each shareholder. But although not
openly debated, the idea of financial
coup has for a long time been mcdtatcd,
and the following is u rough outline of
| the scheme:
The three hundred shares as they now
stand Gone hundred undivided parts
cach) are to lee converted into sixty
thousand coupurcS thercby doubling
the thirty thousand undivided parts.
and these coupureS, or coupons, will
then be offered to the public at the price
of l 900 francs each. The operation is
unquestionably n bold one; nevcrthc-
less, despite its fantastic proportions, it
will evidently find favor with the French.
And why not? The receipts for last
year amounted to $1,000, 900 frames.
This project for converting the CAST
no of Monte Carlo into public affair
has been generally approved by the ac-
tual stockholders. NJ. Blanc's dignity
suffers from the fact that the source OF
his revenue is gambling hell. Princes
Bonaparte and Radziwill partake of
that view, aud would not be loath to
| ever, with the institution of Monte Car
10; above all. under such favorable au-
| spices, Prince Charles, on being apprScd
of this resolution, was somewhat startled,
naturally dreading the revolution in
his affairs that such atranSaction would
entail. However, he was brought
around to the views of the majority by
| the judicious counsel of his father CON
| fessor, and was even led to take a more
decided step. He has given his consent
to relinquishing all further intervention
in the &C Cncerns of Casino, and in return
| for this abdication his yearly pension
will be increased to 900. 900 franrS.
The contemplated issue of the new
shares may be expected soon. The
date of issue will be settled at the next
meeting of the shareholders, which will
take place in Paris.
The magnificent Cas- no of Monte Car
10 is annually visited by an average of
10000 foreigners, who play more or
| less at roulette or trcnte-et-Quarantc
and this number is steadily on the in
crease. The impunity with which gam
bling is carried on at Monaco may be eX-
planned by the fact that any attempt to
suppress it would be equivalent to
touching the prerogat,ves of Charles
ILL.,, and any such departure would sus-
citate an international question, >
which neither of the neighboring pow
ers is inclined to open; question
which, probably, would lead to serious
complications Moreover, the inde-
pendence of the pr,ncipality is fully as
sured by treaty.-COr N. T. Tribune.