The Montgomery advertiser., 1905-06-04

gone to the masthead as a mfdshfnn.ay z.
 In disgrace and returned an hour af
 terward to find himself a fuIl-iedred
 King and addressed by his captain
 with profound respect as Your Ma | Jesty."
 Today he possesses one of the larv.
 est fortunes of any crowned head fu
 hurope. He derives it not from any
 savings of the civil list which is d
 small one. not exceeding $20O,O0O. haif
 or which has to be guaranteed by the great powers, owing to the scarcity or money in Greece His wealth owes It's origin to. bold and successful spao- ulation in American grain. chiefly ar chicago, during the war between Rug
 sia and Turkey, some three and twenty
 years ago. At that time the late 0an-
 eral Meredithe Read was United statea
 Minister at Athens, and as soon as eyer
 ne perceived that hostilities between
 Turkey and Russia had become inevft-
 able he hastened to point out to the
 king that owing to the closing Of tho
 Dardenelles, to all ships carrying Rus. sian grain and the Turkish biockaAa Of Odessa and other south Russian grain ports. England and other coun- triess where more. attention is devoted to manufacturing and to mining than to agriculture. and which had until then regarded Russia as their grainarT would be forced to look to America for their breadstuffs, at any rate while the war was in progress. On the strength of this advice King George inaugurak- cd a series of speculations in American grain. all of which were attended with the most marvellous success. A con- siderable part of this big fortune. which may be said to be of an axelu- sively American origin. Is under stand. invested in railroads in the United States nEL
 Lord LansdOwne's C0nfIdenan.
 When, in addition to all this, it is borne in mind that there is hardly a single European sovereign who ia noe insured in American life insurance con- panies, 1t will be admitted that tho anointed of the Lord in the Old World pay an eloquent tribute to the prus- perity and the promise of the United States.
 So far as is known, Lord Lansdowae Is the only foreign statesman of tna- portance portion of whose fortune is Invested in this country. and from the list of the stockholders in the NorthaTn Securities Company 1t appears that this nobleman, who, as Foreign Minister. directs the international policy of the British Empire, has over s1,000.000 Of his money embarked in this company alone. It speaks columes for his con- idence not merely in the future of America, but also in the permanence of he friendly relations between the United States and Great Britain. Were he Foreign Minister of any other great bower to be thus financially interestad II American enterprises it would douhf- ess excite much commant and discus- ion. But the fact of his being an English statesman seems to render 1t Iulte natural. just as natural indeed as { has appeared that for the last eigh- cen months of MT. Choate's tenure of < he American Embassy in London he hould have made Its headquarters at he private residence on Carlton House 'errace of Arthur Balfour, the British landlord. suppose that has been the first occasion of an .merican flag flying permanently from bove the house of British Prime iinister.