Democratic messenger. [volume] (Snow Hill, Md.) 1869-1973, 1905-08-26
SAVINGS OF ROYALTY.
How European Rulers pus Away
Money For nniny Days.


Money For Rainy Days.
II will no doubt ustonlsh large
number Of people that kings and
queens. like poorer mortals who have
the gift Of prudence. are. with few
exceptions. as economical US Is consist
ent with their high position. and every
year put by some portion Of their saw
ings for u rainy day.
Better than anybody else. perhaps
monarcls know that II IL money makes
| the mare 20. and that TO spend all
their income us they get 1t IL just as
great folly In themselves Us In their
subjects. The late Queen Victoria was
one " the thrlftiest OF monarchs. aud.
though her will. has never been for
the public eye. there Is reason to be-
lieve that the fortune she left was q
very large one.
The modern king IL as a rule very
practical gentleman. or some II Is
not too much TO say that they do not
place implicit confidence In the nation
Of which they are the head. OF nearly
all OF them II IL certainly true that
they do not put all their eggs into one
basket.
Every year the present car and CA
rna Of Russia intrust a large portion
OF their private savings TO the British
and French national banks. Alexander
H.. grandfather Of the Emperor Mich
olas, was economical In n high degree.
and the money he saved Is said to have
run well into four millions sterling.
BY his will he left iegacies TO various
members OF the imperial family. which
swallowed up third Of his vast for
tune. the remaining two-thirds being
given to II lady OF the court who had
welded the sovereign without mount
Ing the throne. As this lady was not
Of the royal line. II was impossible
that she could be recognized as en-
press. and the legacy Of two-thirds Of
the monarch's fortune was the COM
pensation Alexander accorded to his
morganatic spouse.
Alexander Ill. during his compare
lively short reign also saved a con-
siderable fortune and this he left by
will TO the present Queen Alexandra.
ut the time Of his death Princess OF
Wales.
King Leopold Of Belgium has uni
versal reputation. and not an enviable
one, as Leopold & Co, rubber mer-
chants. He founded the Kong0 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 nat
ural products Of the country. He 10
one OF the largest rubber and ivory
dealers In the world. He Is also one
OF the clcverest OF finaneiers and
knows Ills way about all the bourses
OF Europe.
King George OF Greece is also an old
financial hand. lie speculates largely
In agricultural products. follows care
fully all the fluctuations OF the fnan-
cial markets and IL assiduOus IN put
ting his money into good things.
The late empress OF Austria placed
on deposit two-thirds OF her allotted
/ revenue. Nue WIS very ttOuuuIitui anu
kept as few servants about her as pos
sible She constantly revised the nc
counts Of her husband and succeeded
In making important reductions In his
expenses. The Bank OF England re-
ceiyed her savings. and there Is Gu
rious story about the refusal Of her
beneficiaries to pay the British success
sion duties. a refusal which gave the
governors OF the bank great deal OF
trouble before the matter was ad-
justed.
The monarch who has the least con-
fidence In the financial stability OF his
own country Is the sultan Of Turkey.
He declines TO trust any Turkish bank
with u farthlng OF his savings The
latest part Of his fortune. and 1t Is
said TO he not small despite tho fact
that his country Is In chronic state
Of bankruptcy. Is deposited in British
banks. In Paris they say that every
quarter special messenger, hanked
by u suitable escort. leaves London for
Constantinople to carry to the sultan
the interest on his deposits. II 10 not
generally known that the sultan owns
one OF the biggest streets of COnstan.
tinople and has a sugar plantation In