The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-01-28

future queen and empress from being
I born on foreign soil George " gave
! him a chilly reception. RE was par
! ticularly severe and selfish toward his
poor relations, and begTudgingly gave
the duke and his wife apartments in
the old palace at KensingtOn. After the
death of the Duke Of Kent his widow
and Alexandra Victoria, her only child
were permitted to reside in seclUsiOn,
and it was the lonely home of Queen
hood.
At the moment she and her mother
the Duchess of Kent, were notified Of
her accession to the throne, they did
not have money enough to pay cab
fare TO the palace. but, after sixty
years upon the throne, the daughter
died worth $3.50 600. 600. This fortune
was acquired by the practice of econo-
my and business methods which fur
nish an example to the humble as well
as the proud.
9 o g
Under the laws of England a lump
sum is voted annually for the royal
household, for which the sovereign is
not required to render an account. If
there was anything left at the end of
the year-and under Queen Victoria the
balance usually amounted to several
hundred thousand dOllars-she put it in
her pocket. This ARRANGEMENT dates
Theoretically the sovereign of Great
Britain receives no compensation. but
is entitled to hereditary revenues
that make a curious inventory. In
early times everybody had to pay
royalty upon his earnings to his
sovereign. hence the origin of that
word. Queen Victoria upon her Access
sion to the throne made an arrange
ment under which all hereditary rev
enues We're surrendered in exchange
Tor q permanent civil list amounting to
&4OS,VOO. 1t was a good trade on both
sides. The legitimate revnues of the
crown at the present day would largely
exceed that sum, but she was relieved
Of responsibility and knew exactly what
she had to depend upon. Had she re-
tanned the hereditary revnues she
would have had all. cOnhscated estates
all the property of felOns and outlaws
ali wrecks, fOtsam and jetSam, and all
penalties and fines collected by the
only right she retained was to the So
called royal fish'-that is, all whales
Or surgeons caught upon the coast of
the united kingdom.
Thus Queen Victoria has been in re-
ce1pt OF an income from the govern
ment amounting to about SO. 900 900 a
year From that she has paid all the
e1pe nses of her household charities and
other expenses imposed upon the sover-
eign- She has had $500, 600 per annum
Tor pocket money, of which no account
was ever asked The salaries of her
household amounted to about $500 COO
and the other expenses to about $3.50. 600
year, $50 COO was given her for "boun-
ties and aims, and S96 600 for annufties
and pensions In addition to this. the
other members of the royal family re-
ceive annuities amounting to $4,000.
From the duchy of Lancaster she re-
ceived about $3.50. 600 year net, which
she had no need to touch. and invested
in bulk as fast as il came to her This
alone since she has been upon the
throne would aggregate $40, 0OO, GOO
She has received several very large
legacies- In 1882 James Camden Nield
bequeathed to her majesty fortune
amounting to about 4,G00, 600, which
has ever since paid "A large revenue. In
1917 G. NJ NewhOuse left her several
hundred thousand dollars in his Will
and she has received a number of 9th
er less valuable estates from loyal sub
Jects and admirers who had no regular
heirs. These 1egacies were more nu-
merous than the public suspected for
the utmost caution was exercised lest
her majesty should be involved in liti-
cation or notOriety. Several large es-
tates We're declined to avoid contests in
the courts with relatives who thought
they were entitled 10 the money.
A rev years ago her majesty had
narrow escape. An old SCOtChman be-
qUeathed TO her a fortune amounting
to several hundred thousand pounds
IL was invested in the shares Of a bank
which two or three years later failed
with liabilities of millions II was tnr.r1
discovered that only Is per cent II the
idce value Of the shares had been paid
ana the stockholders were immediate
" assessed s. per cent of their NOM
maj holdings to meet the obIiga tons
Had II not been for the prudence and
T0TeETEnT 0f Earl
toria would have accepted this legacy
and been che loser instead of the gain
er by several million dollars
large portion of her maiestv's
wealth was inherited from Prince Al
bert At the time Of their marriage
his income amounted to about $40 600
a year Parliament voted him an an
nuity q Sl50,0C0 which. during the
twenty-three years Of his married life
would have amounted to 50 800 .00O He
was wise, prudent and economical
man, and never spent a dollar of his
annuity, but invested it in property in
South kensingtOn, which was then an
unsightly prairie, but is now covered
with the most beautiful and luxurious
mansions in England, and is worth as
much per square foot as he paid for il
by the acre tt is estimated that the
queens South kensingtOH property in
herited from the prince consort II worth
at least SIS. eco, 000. The Duke of West
minister is the only person who owned
more property in that section OF the
city than she.
o o o
Queen Victoria is supposed to have
been the richest woman in the world.
Her financial affairs have been shell
tered from public knowledge with
scrupulous caution. but those who have
the best facilities for obtaining infor-
nation believe that the popular esti-
mate is not far from correct. For near
~ half a century her private interests
were looked after by the late Earl Sid
ney. whose devotion deserved all the
gratitude his royal mistress bestowed
upon him. His SUCCESSOR in this inn
portsnt relation was Richard Ashton
Cross better known as WiscOunt Cross,
who still acts as general manager of
her maiesty's estates He has the as
sistance of a dozen OF more men of ex-
perience and ability who have devoted