The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1897-11-14

Princess Beatrice o'ooo
Princess Augusta ............ o'ooo
Duke Of Cambridge .......... l2.oOo
Princess of Teck ............ o.ooo
Total ............. ....... .1l'''ooo
Grand total .............. .to''o,ooo
The Duke Of Edinburgh, like his
mother has been very economical and
thrifty citizen, while the Prince of
Wales has been Il spendthrift. From
childhood until 1873. when he was mar
rjcl the Duke of Edeunurgh had an al
lowancc of t1j.CO0. most of which was
saved and invested in very profitable Sc
entities. When he was married to the
daughter of Emperor Alexander or
Russia, Parliament increased his allow
ancc to e.. 900 Il year: his wife brought
him Il marriage portion of 100000 cash.
an income of 100000 year and life
annuity of E11,250. AT her death this
money will pass to her children. and the
Duke legally has no control of it. With
great prudence he has avoided using any
of his wife's income AMI has secured
for it very profitable investment. until
now the wealth of the couple is estimated
amy where lEOLu S-o,ooo,oOV " $o",0oN'
600.
Some years ago the Duke Of Edin-
burgh succeeded to the throne of the
German duchv of Seze-Coburg. from
which he receives revenues amounting
to nearly $1.000,000 n year. At that
time he surrendered $4,000 of his al
lowance from the British treasury, but
still retains Claremont house and an al
lowance of $4,000 a year. This Is the
cause of considerable scandal. The
British people say that his revenues as
a sovereign prince of Germany are am
pie for all possible requirements without
considering his private fortune, from
which he never draws n cent, and that
he ought, in common decency, to make
no claim upon the British taxpayers,
because he does not live in England and
hecanSa he nerforms no service for the
British government. hit davofas his en-
tire time To ms duries as ruler of Sake
Coburg. If he wishes to be German
prince they have no. objection. but he
should not continue to be a pensiOner of
the British people. If he wishes to re-
main such a pens.oner no one would OBJ
ject, but he should surrender his rank
and revenues as German prince.
The duke also receives salaries and
allowances amounting to many thou
sands of dollars year as admiral of the
British feet and field marshal of the
British army, and it is asserted that he
even draws forage for horses and ra-
tons as a naval officer regularly every
month.
In addition to his allowance from
Parliament, the prince of Wales receives
the revenues of the duchy of Cornwall,
which amounted to f62.00O last year.
Under an ancient law he also has
royalty upon all the tin coinage of
Great Britain, which amounted to ESQ
last year. and he. like his brothers and
brothers-in-law, receive the pay and al
lowances of an admiral, a general,
field marshal, the colonel of several re-
giments and many other perquisites,
which bring he's income to about f12J,-
coo, or $4,000 q year. His Children,
the duke of York and the Princesses
Louise, Maud and Victoria. divide 1885,
900 among them, which raises the fami-
~ allowance to about 100000 a year.
In addition to this his royal higness has
the use OF Marlborough house IN the city
and several other royal residences in
different parts OF the country. Sandirg-
ham house. in Norfolk. is his own PR
vac property. The prince of WAKES has
an appropriation from parliament every
year for maintaining these palaces, and
the salaries of all his attendants are
paid by the government, except the pri-
vate servants of his household. Under
the marriage contract, which was rati-
fled by Parliament, if the prince of
Wales should die his widow would con-
tinue to receive On annuity of $4,000 a
year and house to live in.
Upon his marriage and during his life
ime, the late prince consort received an
annuity Of 100000 in addition to the al
owance made :he queen, his wife.
Queen Victoria would undoubtedly be
the richest woman in the world even IL
she should lose her throne and all heI
official revenues. She was born in
poverty. Her father was compelled to
borrow money from an alderman OF the
city of London, whom he was fortunate
nough to meet in Paris, in order to pay
his expenses from that city to London
few weeks before her birth, and un-
I'll his death was a pensiOner. not Of
parliament, but upon the bounty of the
king.
Victoria herself occupied that mortfy-
HE ItidlIUIi HllI Sut UeciUle queen OF
England. and when she was called TO
the throne she did not have dollars
worth Of property in her own right.
Nevertheless her wealth is now esti-
mated by the hundreds OF millions OF
dollars. Like the duke OF Edeuburgh,
he never spends cent OF her personal
income. but allows ii to accumulate and
las it invested in the most remuneratiye
Kind OF property.
She has twelve palaces. Two of them
i-BaImoral. in Scotland. and Osborne,
on the Isle OF Wight-are her personal
property. and she occupies them more
than any Of the official palaces. Buck
inGham palace, in London. is always
Kept ready for her use, and she goes
here to preside Mt official functions, but
has prejudice against the place and
has not spent night under its roof for
many years. She lives at Windsor most
of the time during the sessions Of par
lament.
/ There are seven or eight other