New-York tribune., 1905-07-16
SAVINGS OF ROYALTY.
How European Rulers Put Away Money for
Rainy Days

It will no doubt astOnish a large number OF
people that kings and queens like poorer mortals
who have the gift Of prudence. are. with few e1-
cepttons as economical as is consistent with their
nigh position, and every year put by some portion
Of their savings for a rainy day.
Better than anybody else. perhaps, monarchs
know that it is money makes the mare 20. and
that TO spend all their income as they get It is
Just as great folly in themselves as in their sub
jects. The late Queen Victoria was one Of the
thriftiest of monarchs and, though her viii has
never been for the public eye there is reason to be-
Heve that the fortune she left a very large
one.
The modern king is, as a rule. 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 the head. Or nearly all
OF them it is certainly true that they do not put
all their eggs into basket.
Every year the present Gar and Czarina Of
Russia intrusts large portion OF their private saw
ings 70 the British and French national hanks
Alexander II. grandfather OF the Emperor Nicho-
las, was economical in a high degree and the
money he saved is said to have run well into four
millions sterling. BY his viii he left egacies "a
various members OF the imperial family which
swallowed up a third Of his vast fortune the re-
naming two-thirds being given 10 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 or two
ton Alexander accorded to mis- norgstilatfc spouse
Alexander III during his co-uI ratiyeIy short
reign also saved considerable fortune and this
ne left by Will 10 the present Queen Alexandra at
the time Of his death Princess or Wales.
King Leopold OF Belgium has a universal reputa-
uon and not enyiable one as Leopold Il CO
rubber merchants He founded the Congo Frr4
State. OF which he IS the sovereign lord ard which
RENTS 70 him every year thousands upon thousands
OF pounds sterling derived from the natural prod
ucts or the country. he IS OF the largest rub
Der ana lvory dealers in the world E5e Is 80 one
or the ceverest OF AnancieTs and knows his way
about all the bourses OF Europe.
King George OF Greece IS also an old financial
ucts, follows carefully ali the fluctuations OF the
financial markets. and assiduOus in putting his
money into good things
The late Empress OF Austria placed on deposit
twO-thrds OF her allotted revenue. Ehe was very
economical, and kept few servants about hey
O possible She constantly revised accounts
of her husband, and succeeded making Important
reductions in his cXpenscs- TIL, Sank og England
received her savings. ana there is curious story
about the refusal OF her beneaciaries 70 pay the
British sucCes essou duties, refusal which gave
the governors OF the Bank a great deal W trouble
before the matter adjusted.
The monarch who has the least confidence In the
financial stability of his country Is the sultan
OF Turkey. he declines 10 trust any Turkish bank
with q fRrthing OF his savings The fatrest part
OF his fortune-and 10 is said be not small de-
spite the fact that his country Is in cnron state
OF bGnkFuptcy-is deposited IN British banks- In
Paris they say that every quarter special mes
ssngsr. nanked BY slitaels escort leaves L-aaasa