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

their lives to assisting their sovereign
IN building up an enormous fortune
kaeh has his particular department.
and they only Of all the world know
now great her wealth is. and how il
IS invested The new king and the rest
OF tne FAMILY were not admitted 20 her
confidence.
There is no banking house or corpor-
alton IN the world with bstter methods
tnan the queens Offices " and the man
ner IN which her property has Increased
indicates the ability and loyalty thar
has been shown in her service. She
was herself d woman Of extraordinary
executive ability and foresight. This
was demoEstIa,ed ~ private as well as
puoilc Affairs. PCrhaDs ViscOunt Cross
Is the only rersJn who knows the value
OF her stocks. bonds, mortgag and
othcr securities, which she had locked
away in various Tin boxes and IN rev.
eral different places, FOR her majesty
was not only secretive. but cautious
and never put all her egss in the same
basket.
Her personal estate is variously est
mated at from Sl5.000.000 10 so, COO 600,
The best judges place the amount at
S27.000,0U0 although that is merely q
guess She has several bank accounts,
only one of which, at the Bank of Eng
land, is in her own name The re-
mainder of her funds appear to the
credit of FiscOunt Cross and other
agents of her majesty as trustees, and
are deposited in a number of banks in
different cities OF the kingdom. The
head Office of her estate is at Windsor
castle. and adiOins the headqua rterS
. the lord steward. who directs The
disbursements Cf what is known as the
civil list and the annuitiss and pen
sions of the royal family. Viscount
Cross receives a salary from the gov
eminent of $l0,ol0 year, and 1t is sup
posed that the queen also paid him
something, but nobody knows how
much.
Her majesty had large sums invested
in the United States 'in bonds and
mortgages acquired through the Eng
lish and Scottish mortgage companies
1t is also supposed that she had large
investments in Canada, but as none of
them appear in her name, il is impOs-
sibie to ascertain the truth
The costly presents she received from
time to time are valued at many mil
lions OF dollars, and the crown jewels
are worth 81. 100000 but these are not
usually included in the estimate of
her wealth, and there is a question
whether they belong to her or to the
state. Some Jewels Of great value which
ments were received as gifts. These
she has probably disposed of by her
Will
o 9 O.
1t was impossible to conceal her real
estate possessions. but even they are
not well known. because the sovereign
Of England pays no taxes. and the only
way to ascertain the amount Of her
holdings would be to examine the tax
lists OF the entire British empire and
make a schedule of the items marked
Exempt V. r." She is said TO have
III
and houses in Great Britain alone, and
over 5000 easeholds-farms and city
lots upon which other people have
made improvements, principally in
South kensingtOn-that viii revert to
her heirs at the expiration Of the leases,
which extend from thirty to ninety
nine years. She owned real estate in
HongkOng, Shanghai, India, Egypt,
Italy and other countries, and was be
lieved to be the proprietor of number
of buildings in the new residence pOr-
ton Of Berlin, which appear in the
name of her trustees.
Her estates in Yorkshire. OxfOrdshire,
Berks, Kent and other Counties of Eng
land, Scotland, ireland, Wales. the Isle
of Wight and the Isle of Man, are
known TO the public, for they could not
be easily concealed. She received rents
from markets, tolls from ferries and
royalties from iron and coal mines and
stone quarries. ard was a large stock
holder in a theatre 1t Birmingham.
There are thousands of people upon
her payroll in various parts of the
kingdom. They knew who their mis-
tress was. and considered it an honor
10 be employed by The widow Most
OF her farms. however, are leased for
terms of years al stated rentals or on
shares. All of the royal palaces. eX-
cept Osborne, on the Isle of Wight,
and Rallnora1 in the highlands Of Scot