Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-22
SAVINGS OF ROYALTY.
How European Rulers Put Away
Money for Rainy Days.

From London Answers.
1t will no doubt astonish a large number
of people that kings and queens. like poorer
MOI tails who have the gift of prudence, are,
with few exceptions, as economical as is
consistent with their high position, and ev-
cry year put by some portion of their saw
lngs for a rainy day.
Better than anybody else, perhaps, mon
archs know that it is money makes the
mare go, and that to spend all their income
as they get 1t is just as great a folly In
themselves as IN their subjects. The late
Queen Victoria was one of the thriftiest OF
monarchs, and though her will has never
been for the public eye, there is reason to
believe that the fortune she left was a very
large one.
The modern king is, as rule. a very
practical gentleman. OF some it is not too
much to say that they do not place i'm
plicit confidence in the nation of which
they are the head. OF nearly all of them
it is certainly true that they do not put all
their eggs into one basket.
Every year the present car and cZarina
of Russia intrust a large portion of their
private savings to the British and French
national banks. Alexander ii. grandfather
OF the Emperor Nicholas, was economical
in a high degree and the money he saved
is said to have run well into four millions
sterling. By his will he left legacies to va
rious members of the imperial family,
which swallowed up third of his vast for
tune, the remaining two-thirds being given
to a lady of the court who had welded the
sovereign without mounting the throne. AS
this lady was not of the royal line it was
impossible that she could be recognized as
empress and the legacy of two-thrds of the
monarch'S fortune was the compensation
Alexander accorded to his morganatic
spouse.
Alexander III during his comparatively
short reign also saved considerable for
trt1n DC he lnf hyFxr he cant
Queen Alexandra. at the time of his death
Princess of Wales.
King Leopold of Belgium has a universal
reputation, and not an enviabie one, as
Leopold e. Co., rubber merchants. He
founded the Congo Free State, of which he
is the sovereign lord, and which RENTS to
him every year thousands upon thousands
of pounds sterling. derived from the natural
products of the coun try. He is one of the
largest rubber and ivory dealers in the
world He is also one of the cleverest of
financiers and knows his way about all the
bourSes of Europe.
King George OF Greece is also an old
financial hand. He speculates largely in
agricultural products, follows carefully all
the fluctuations of the financial markets,
and is assiduous in putting his money into
good things.
The late Empress of Austria placed on de-
post two-thirCls of her allotted revenue. She
was very economical. and kept as few SER
wants about her as possible. She con-
stantly revised the accounts of her husband
and succeeded in making important reduc-
tons in his expenses. The Bank of Eng
land received her savings, and there is a
curious story about the refusal of her
beneficiaries to pay the British succession
duties, refusal which gave the governors
of the bank great deal of trouble before
the matter was adjusted.
The monarch who has the least conf
dence in the financial stability of his own
country is the Sultan of Turkey. He de-
clineS to trust any Turkish bank with a
farthing of his savings The latest part
of his fortune-and it IS said to be not
small, despite the fact that his country is
in chronic state of bankruptcy--is de-
posted in British banks. In Paris they say
that every quarter a special messenger,
flanl1ed by suitable escort. leaves London
for Constantinople to carry to the sultan
the interest on his deposits. 1t Is not gen.
orally known that the sultan owns one Of
the biggest streets of Constantinople and
has a sugar plantation in the Indies.