Evening star., 1901-02-16

penses of his position. He was never a
spendthrift, and what might have been his
greatest extravagance-horse racing - was
actually a source of profit last year OF
course, no one outside a few of his crOnies
will ever know Just how much the royal
owner Won on Diamond Jubilee. in addition
10 the rich stakes, but It can be said pretty
definitely that he backed his horse for a
good many thousand dollars.
There is some reason for believing that
along In the early nineties Albert Edward
was helped out bit by his august mother.
Since then his expenses have decreased
considerably, while his income has IN
creased through the rise of land values in
the duchy of Cornwall. His favOrite home
at Sandringham, which is his personal
property. also stands on land that has in
creased tremendously in value and Aber-
geldie In ScOtldnd-the gift of his mother
has likewise risen rapidly. But the wealth
places adds to the kings total is of no
present use TO him, and the expenses of
maintaining he two places are heavy.
Heavier stiH Is the annual outlay for run
ming expenses Of Marlborough House, the
king personal town palace, across the
narrow road from historic St. James
He is Rich Today.
But even If the Prince of Wales a few
days ago could not be called exactly a rich
man, he is regularly rich today for he is
the chief legatee under the queens will,
and his salary has jumped from 100000 a
year To $l925.oIo. His wife got $4,000 a
year for being Princess Of Wales. but Will
probably Gec S15O,oo0 q year for being queen
consort-at least, that was the allowance of
her father-in-ldw, the late prince cOnsOrt
Furthermore, the Duke Of York will not
have 10 be provided for any longer The
children of the Prince of Wales used to get
slSO,D0 a year I'm a lump sum from the gov
ernment. and It was divided under some
private arrangement that was never d.
4 h.aF. g,
even If Prince George got the lions share
after his elder brothers death Il was not
enough 10 support his growing and expens-
I've family. Now, however. as heir appar-
ent he viii get not only 10000 a year but
the prlnCely revenues Of the duchy of Corn
wall which became his the moment his
father became king. These amount to a lit
Tie over &bnpr a year and are increasin
ahHnaIly' The loss of the duchy OF Corn
wall Is made up 10 the new king by the ac-
QUESTION OF the duchy Of Lancaster which
produces almost the same revenue and
winch formerly went to the queens privy
purse The Duchess of York, who got not
cent from the government before the
queens death Will now get 900 a wear
land - 'ite
The Queens VIII.
The exact amount of property left bv the
queen never will be known, for the reason
that the probate court has no power over
the testament OF sovereign But It is
pretty definitely understood that a large
part Of the 100000 left to the queen by
her husband will go to the new monarch.
and that her :, OtCh estates of Balmoral.
Birkhall and BallOchbuie also go 10 the king
In trust, TO pass with the crown as we'll as
various lots of real estate bought on specu-
lation In 1881 for about 100000 and now
valued at $4,000 The Scotch estates espe-
cially Balmoral. have also increased Won
derfully in value since the thrifty queen
bought them
Osborne, which cost 81 900 O01. was like
wise the queens personal property and has
increased in value at even more lively rates
than her own property. This place and its
beautiful grounds on the Isle of Wight is to
90. II is said TO Princess Beatrice the
queens youngest and most favored daueh-
Ter. Besides Osborne there is plenty of
other property-ineluding mortgages in New
1ork and perhaps some of the other Ameri-
can cities-to be divided between the other
children. Not the least valuable asset is
gold and silver plate whose value is esti-
mated al s2,6OOOOO. Her life was not in
sured for cent in her own favor, neither is
that OF the present king. Some 81 600 900 of
insurance had to be paid 10 various sub
tects OF the queen on her death, however
Kings Wages to he Raised.
An annual salary of nearly 81 900 900 looks
fairly comfortable, but 1t isn't enough for
z king Of England to live on, and Edward
WI has reason to expect that his wages
VIII be raised this year-perhaps in the
next few weeks. Really, when you come
- consider whore the 100000 goes, 1t In