The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-09-11
MONARCHS ENVY THEM
The Enormous Incomes of Some
American Millionaires.


Baltimore American: Both at home
and abroad the lavish way in which
American millionaires scatter wealth
has been gratefully acknowledged by
tradesmen large and small. This is a
! democratic country, but the monied
men have certainly acquired royalty
| taste for expensive living. We have
palaces in this country that the kings
and queens of the old world would con-
slider fit abodes for the mightiest mon
arch, and our men CT vast means lack
nothing that royalty enjoys, beyond
| empty honor. t'
Nor does the wealth of those rulers of
nations surpass that of some of our
rich citizens. The Queen of England,
| though the ruler of the biggest and
richest empire the; world has ever seen,
is by no means the richest person on
the earth. In fact, her salary, 81, $685.
600 a year. is one of the smallest paid
to any ruler on the globe. And the
81, $4,000, all except $4S0,000 is spent by
the lord chamberlain, the master of
the house and the lord treasurer. who
are responsible for the maintenance of
the royal household.
And of the $3.50, 600, s1s0,000 is put by
for a rainy day, so that the exact
amount received by her majesty is only
100000, as fixed by parliament.
Compared with the big incomes of
the American miliionaires, this is pal
try, indeed. Hers, too, is the smallest
salary that any British sovereign has
ever received. Most of the queens pre-
decesSors on the throne had at least
81, 100000 year.
By economy and frugality, the queen
has been able to purchase $1,000 acres
of good land in Great Britain, yielding
a rent roll of about $685. 900 a year. She
also owns considerable property in Ger
many, large quantity in New York,
and thousands of acres in Manitoba
and ''out west" But with all these saw
ings she is poorer than many of our
wealthy men.
Claremont House, Osborne and Bal
moral are the private property of the
queen. The first named standing in its
estate of 460 acres. she bought for $780,
000-a decided bargain, for it originally
cost Lord Give $3.50 900. Balmoral and
Osborne are said to be worth $2,500,000
In addition to her property at Coburg,
the queen also possesses q. villa at Ba-
den, bequeathed to her by the Princess
of Hohenlohe.
The royal family of England is not
only the cheapest that country has ever
had, but it is also the most inexpensive
in the world. The entire expense of the
whole British royal family amounts to
only SS25, 900 a year, for against the
total expenditure of $2,9O0.0OO must be
set the receipt of 81. O75, 900 from crown
lands, leaving the above net cost
Nearly all European sovereignS re-
ceive much higher salaries than the
queen. The emperor of Russia has
complete control of the revenue of his
country, but he only. draws S12, 800, 900
year. The sultan takes S7.000.000. the
Emperor of Austria S4.650,000 and the
Kaiser Wilhelm, 3,65OO0O. The King of
Italy. receives 1926. 000-the same sum
as the whole British royal family-and
the King of the Belgians gets only
$625, 900 a year.
The private property of sovereigns is
also very great. The Russian imperial
family is the richest of all royal houses,
and probably among commonerS also.
Apart from his salary as ruler, which
amounts to $12, 100000 yearly, the car,
as the head of the house of Roman
offs, owns 81, 100000 acres of land in
different parts of Russia. These yield
more than S10,000'O00; S2,5O0,00O of this
is paid in allowances to 46 grand
dukes and duchesses, and the remain
der is at the disposal of the car, who
thus enjoys the enormous income of
81, 500, 900 year-$2O00 an hour.
The car is also owner of much val
liable property all over the world, and
especially in the United States. The
infant Grand Duchess Olga, is the rich
est heiress in the world. The week she
was born 100000 were settled upon
her. The sum was invested in British,
French and foreign securities as pre-
caution against the possibility of a
revolution in Russia
The Hapsburgs, the royal house of
Austria, are very little, if any, poorer
than the Romanoffs. They own i'm
mense landed estates, and have also in
herited large private fortunes. The
income of the Austrian imperial fam
lily is not less than $7,500000. in addi-
tor to the grants from the state.
The Hohenzollerns have a private in
come of nearly s5.0O0.000 per year, par
TALLY derived from large investments in
New York. The Italian royal family
have private income of $3,OO0,OO0 a
year, also from American prop
erty. Thus, the British royal family is
by far the poorest of the great ruling
houses.
The Sultan, of Turkey. as despot, is.
Of course, fabulously rich. His annual
expenses are said to amount to SS0,00O,-
BOO a year; S7.50O,000 of this goes for
the clothing Of his harem. $500, 900 for
his own wardrobe 81. 500. 900 for pres
ants, S5,000.000 for pocket money, and |
another $4,000 600 for his table. 1t looks |
Incredible that one man can spend so |
much money in one year, but when it |
Is remembered that some 4,500 people |
i've within the palace walls. live luxu-
riously and dress extensively at the |
cost of the civil list, it appears more |
Lisbon has a population today of about \
4c. 600. 1t has few historic buildings. most |
II them having been destroyed by the |