Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1905-07-04
SAVINGS OF ROYALTY.
How European Rulers Put Away Mon.
sy For Rainy Days.

sy For Rainy Days.
It will no doubt astonish large
number Of people that kings and
queens. like poorer mortals who have
the gift of prudence. are with few ex-
ceptions, as economical as Is consist
ent with their high position, and every
year put by some portion Of their saw
ings for a rainy day.
Better than anybody else. perhaps.
monarchs know that 1t 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 Victo-
ria was one Of the thriftiest Of mon
archs, 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 a rule, a
very practical gentleman. OF some 1t
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 1t Is certainly true that
they do not put all their eggs into one
basket
Every year the present czar and
czarina Of Russia entrust a large por-
.ion Of their private savings to British
and French national banks. Alexan-
der H., grandfather Of the Emperor
Nicholas, was economical in a high
degree, and the money he saved is
said to have run we'll into four millions
sterling. BY this will he left legacies
to various members Of the imperial
family, which swallowed up third OF
his vast fortune, 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. 1t was
impossible that she could be recognized
as empress, and the legacy Of two
thirds of the monarch's fortune was
the compensation Alexander accorded
to his morganatic spouse.
Alexander III. during his compare
lively short reign also saved a consid-
erable fortune. and this he left by will
to the present Queen Alexandra, al
the time Of his death Princess OF
Wales. ....
King Leopold of Belgium has a uni
versal reputation, and not an enviable
one, as Leopold & Co., rubber mer-
chants. He founded the Congo Free
State, of which he is the sovereign
lord. and which RENTS to him every
year thousands upon thousands oi
pounds sterling. derived from the nat
ural products Of the country. He IL
one Of the largest rubber and ivory
dealers In the world. He Is also one
of the cleverest Of financiers, ant
knows his way about all the bourses oi
Europe.
King George Of Greece Is also an ole
financial hand. He speculates largely
In agricultural products. follows care
fully all the fluctuations Of the finan.
cial markets, and Is assiduous In put
tings his money into good things. :
The late empress Of Austria placed
on deposit two-thirds of her allotted
revenue. She was very economical
and kept as few servants about her a.
possible. She constantly revised thu
accounts of her husband and succeeded
in making important reductions In hi'
expenses. The bank Of England re-
ceived her savings, and there Is cur
ious story about the refusal Of her ben.
eficiaries to pay the British succession
duties, a refusal which gave the gov
ernors of the bank great deal Of
trouble before the matter. was ad.
justed. 49,
The monarch who has the least conf
dence in the financial stability OF nj;
own country is the sultan Of Turkey
He declines to trust any Turkish bank
with a farthing Of his savings. Th;
fattest part Of his fortIn"-and It Is
said to be not small, despite the fac'
that his country Is In chronic state
Of bankrurtcy-is deposited In Britisf
banks. In Paris they say that every
quarter a special messenger, fianked
by a suitable escort, leaves London fol
Constantinople to carry to the sultan
the interest on his deposits. It Is moi
generally known that the sultan owns
one of the biggest streets Of Constan-
tinople and has a sugar plantation ir
the Indies.-Answers.